How to Get the Most Out of D365 Pricing with Strabo Price Plus

November 27, 2024

By: Tiffany Hindman

In the dynamic world of business, effective pricing management is crucial for maintaining competitiveness and profitability. Microsoft Dynamics 365 offers robust pricing management functionality, but we found certain users needed additional flexibility and customizations. Enter Strabo Price Plus, a powerful tool designed to enhance pricing management within Dynamics 365.

Understanding Strabo Price Plus

Overview: Strabo Price Plus is an advanced pricing management solution that extends the capabilities of Microsoft Dynamics 365. It provides greater flexibility and control over pricing, discounts, and charges, making it an invaluable tool for businesses looking to optimize their pricing strategies.

Key Features:

  • Custom Criteria Pricing: Strabo Price Plus allows users to define their own criteria for pricing and charges, allowing you to choose from hundreds of different fields. This includes selecting fields such as invoice account, mode of delivery, method of payment, and custom price groups. This flexibility helps reduce the number of pricing records needed and simplifies pricing management.
  • Advanced Charge Features: The tool supports complex charge calculations, including the ability to stack charges and include other charges in the calculation. For example, a 3% credit card fee can include a freight charge in its calculation.
  • Excel Integration: Users can maintain prices in Excel or use the price update tool to expire old prices and quickly calculate new prices based on defined criteria. This integration streamlines the process of updating and managing prices.
  • Order in Any Unit of Measure: No more need to price by UOM. Let Price Plus handle the UOM conversions instead of your users.
  • Detailed Tracking and Reporting: Strabo Price Plus provides detailed tracking of pricing and charges, allowing users to see exactly where a price or charge is being used and how an order price was determined. This transparency is crucial for accurate reporting and business intelligence.

Built Right Inside Microsoft Dynamics 365 Supply Chain

No Integration: Strabo Price Plus is embedded directly within Dynamics 365 Supply Chain/Finance and Operations, ensuring a seamless look and feel across the application. This integration keeps all data within a single database, eliminating the need for additional cloud servers or complex integrations.

Enhanced Functionality: By leveraging the existing capabilities of Dynamics 365, Strabo Price Plus enhances the platform’s pricing management functionality. Price Plus fits right into D365’s standard order processing flow.

Key Benefits for Businesses

Flexibility and Customization: Strabo Price Plus offers unparalleled flexibility in defining pricing criteria and charge calculations. This customization helps businesses tailor their pricing strategies to meet specific needs and market conditions.

Efficiency and Automation: The tool automates many aspects of pricing management, reducing the time and effort required to maintain pricing records. This efficiency allows businesses to focus on strategic decision-making rather than administrative tasks.

Transparency and Control: With detailed tracking and reporting features, Strabo Price Plus provides complete visibility into pricing decisions. This transparency helps businesses maintain control over their pricing strategies and make informed decisions.

Real-World Applications and Success Stories

Case Studies: Businesses that have implemented Strabo Price Plus have reported significant improvements in their pricing management processes. For example, a company using the tool was able to reduce the number of pricing records by 50%, streamlining their operations and improving accuracy.

Testimonials: Users have praised Strabo Price Plus for its impact on their pricing strategies. One user noted, “The ability to define custom pricing criteria has transformed our approach to pricing, making it more flexible and responsive to market changes.”

Future of Pricing Management with Strabo Price Plus

Innovation and Updates: Strabo Price Plus is continuously evolving, with new features and enhancements being added regularly to meet the changing needs of businesses. This commitment to innovation ensures that the tool remains at the forefront of pricing management solutions.

Industry Trends: As businesses face increasing pressure to optimize their pricing strategies, tools like Strabo Price Plus are becoming essential. The ability to customize and automate pricing management will be crucial for staying competitive in the future.

Conclusion

Strabo Price Plus offers a comprehensive solution for businesses looking to enhance their pricing management within Microsoft Dynamics 365 Supply Chain. With its advanced features, seamless integration, and focus on flexibility and control, Strabo Price Plus is poised to revolutionize how businesses approach pricing. Explore Strabo Price Plus today and take your pricing management to the next level.

Interested in learning more about how Strabo Partners can take your business to the next level?