Show rating breakdown
Save to My Lists
Claimed
Claimed

PriceEdge Reviews & Product Details

PriceEdge Overview

What is PriceEdge?

PriceEdge is a price optimization & management software used for advanced price setting in various industries. The tool helps you find price improvement opportunities, measure price effectiveness, and provides a clear overview of the pricing impact over time through its built-in or custom reports. Benefits: - can be implemented fast; - fully documented; - this tool can be used stand-alone or be integrated with your ERP, CRM, PDM, and web shops; - AI capabilities are ready to be added on Having all the significant data in one tool: costs, sales, price history, customer history, competitor prices, etc. you are able to perform extensive profit and margin analysis and you will make the best decision on your next pricing strategy.

PriceEdge Details
Languages Supported
English
Show LessShow More
Product Description

Unique and straightforward tool used for advanced price setting, analysis of price effectiveness, providing a clear overview of the pricing impact over time, to secure the correct pricing strategy.


Seller Details
Seller
PriceEdge
Year Founded
2014
HQ Location
Stockholm, SE
LinkedIn® Page
www.linkedin.com
16 employees on LinkedIn®

PE
Overview Provided by:
Price Edge

Recent PriceEdge Reviews

Mats D.
MD
Mats D.Enterprise (> 1000 emp.)
4.5 out of 5
"A dedicated partner"
Most other pricing software focuses on turnover-based pricing optimization, which is commonly preferable, especially for FMCG. PriceEdge has the...
MJ
Mariusz J.Mid-Market (51-1000 emp.)
4.5 out of 5
"PriceEdge - flexible solution meeting customer needs"
Flexible solution meeting most of very individualized customer needs. A great, very quick responsing team working on pricing system development & ...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"PriceEdge - Great pricing software"
Flexible features, transparent, and easy to use. We have many brands and regions with slightly different pricing strategies. Implementing this in P...
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

PriceEdge Media

PriceEdge Demo - Dashboard
Collect dashboard for market intelligence
PriceEdge Demo - Item view
All item data in one place
PriceEdge Demo - Price Grids
Define your own price grids
PriceEdge Demo - FlexiblePrice Rules
Flexible price rules
PriceEdge Demo - API
API for integrations
Answer a few questions to help the PriceEdge community
Have you used PriceEdge before?
Yes

10 PriceEdge Reviews

4.6 out of 5
The next elements are filters and will change the displayed results once they are selected.
Search reviews
Popular Mentions
The next elements are radio elements and sort the displayed results by the item selected and will update the results displayed.
Hide FiltersMore Filters
The next elements are filters and will change the displayed results once they are selected.
The next elements are filters and will change the displayed results once they are selected.
10 PriceEdge Reviews
4.6 out of 5
10 PriceEdge Reviews
4.6 out of 5
G2 reviews are authentic and verified.
Mats D.
MD
Strategic Pricing Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

Most other pricing software focuses on turnover-based pricing optimization, which is commonly preferable, especially for FMCG.

PriceEdge has the features to do the same, but the focus is more on attribute-based pricing, which is preferable for sales with a technical focus, where the turnover often is not fast enough for the data to support turnover-based optimization. In this niche, I believe PriceEdge is the number one choice on the market. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

PriceEdge just moved to a new data platform to support long-term development. Whereas this does seem like a good choice long-term, it has come with a cost of functionality here and now, causing the users to have to rebuild work processes that used to work just fine. Disruption may be good for us in the long run, but we hate it when it happens, right. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

PriceEdge especially helps keep our prices internally consistent.

Often, a pricing discussion with a customer is initiated by them noticing the price for item A being inconsistent with the price for item B. And of course, the customer will claim that the lowest price relative to perceived value should set the standard, lowering the average price on items A and B.

Removing or greatly reducing that internal inconsistency leads to fewer pricing discussions with customers which again leads to higher average prices. Paradoxically, even if the customers are paying higher average prices, the perceived consistency in our pricing will lead them to be more content with our prices. Review collected by and hosted on G2.com.

MJ
Pricing Coordinator
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

Flexible solution meeting most of very individualized customer needs.

A great, very quick responsing team working on pricing system development & implementation and its further development as well.

Great value for money!!! Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Most of the requirements & needs fulfilled - the rest (about 10%) can't be achieved having a very strict and complicated pricing strategy & policy, however, it would be the same issue with other pricing software providers. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

Providing solution for very individualized price management process. Right now, we have a very clear process with its technical execution via PriceEdge.

Before - many days to complete the price management process in a monthly cycle, right now - few days to manage the whole price management for a huge SKU's data set from data input, price simulations by many other teams , to data output - huge savings on working time, currently pricing team can focus on other assignements. Review collected by and hosted on G2.com.

Verified User in Apparel & Fashion
UA
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

Flexible features, transparent, and easy to use. We have many brands and regions with slightly different pricing strategies. Implementing this in PriceEdge was simple. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

The high level of flexibility can lead to too much customization if you are not careful when setting up the solution - it's better to stay closer to PriceEdge's standard templates as this allows you to better benefit from new Product additions Review collected by and hosted on G2.com.

Recommendations to others considering PriceEdge:

PriceEdge has an incredibly powerful tool, make sure to compare flexibility against others. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

The main issue we are solving is the lack of pricing control we had among various regions and brands. PriceEdge brought governance and visibility to our operations by creating one central truth for pricing Review collected by and hosted on G2.com.

Verified User in Retail
UR
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

The ability to control a very complex and highly dynamic pricing model in an understandable way while maximizing the commercial potential Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

More out-of-the-box reports to learn from the best practice other customers use. Review collected by and hosted on G2.com.

Recommendations to others considering PriceEdge:

Keep exploring new ways of optimizing the pricing as it is very flexible and powerful. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

A holistic understanding of the business, how pricing of different products affect each other and how having products in stock affects price elasticity. Review collected by and hosted on G2.com.

Verified User in Machinery
CM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PriceEdge?

Very flexible and meet our needs to be able to setup any pricing tactics we want, nice UI. Good customer support. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Would like to have extended CPQ capability. I know it's in the roadmap. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

Replacing the back and forth sending of Excels Review collected by and hosted on G2.com.

TH
Head of Pricing
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PriceEdge?

Flexible solution with user friendly but structured environment. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

when adapting the solution to the needs it has generated one or two bugs but was minor and quickly solved Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

we automate a major part of our repricing in several countries: improving our sales and margin performances. Review collected by and hosted on G2.com.

Niko T.
NT
Strategic Pricing Manager, Services
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

Flexibility, easiness of use, user interface, active customer support Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Massive updates sometimes cause slowness in a system Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

PriceEdge makes management of multiple different price lists convenient and controlled. Easy and quick to implement new products for all the needed price lists. Effective tool to implement price list revisions during the year.

Makes profitability analysis of different price groups easy and transparent. Review collected by and hosted on G2.com.

Verified User in Retail
UR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

Flexibility and customer support. I also like the extension. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Integration issues. However, I don't think this is PriceEdge's fault. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

Price optimization. Review collected by and hosted on G2.com.

RG
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PriceEdge?

Price Edge is a user friendly software and an effective tool, give us the chance to move any analysis from general to detail, from aggregated data to single item level.

The Item insights provide an immediate understanding of what is occurring on the market for each product; in fact, the competition is easy to understand thanks to the tracking of competitors prices.

As result we have the ability to react quickly to market’s movements, relying on a powerful and precise rule engine where customers can choose among a high number of options, in order to create a well organized and effective set of strategies.

Besides the perfomance and technical side, Price Edge team is always disposable and prompt to give support, playing an active role, studying tool customization, facing any challenge raised into a fast-moving market.

It’s clear that their strong aim is always to improve features offered for a better customer experience and performance. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Areas where they still have to reach the top are analytics and reporting, just believing that Price Edge still have potential to express in these areas and make their tool even more time saving (anyway we work and perform good with the current features); actually, since they are always looking for better solution to provide, they and us already agreed on features to develop and release in order to reach that goal and I’m sure we’ll see results in the next few monthes. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

We can take under control our assortement, KPIs and our performances in terms of margin and revenues and adjust quickly, if needed, our strategies, based also on competitors monitoring Review collected by and hosted on G2.com.

MK
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PriceEdge?

No matter if my pricing formulas are simple or extremely complex, PriceEdge provides me the freedom to manage them in an efficient way. The system also helps me manage a vast amount of SKU's on multiple regional price lists and makes it easy to plan and execute timed pricing updates. The system saves me a lot of time with the standard automated functionalities - for example when I add a new price on the central price list, the linked price lists will also be populated with a new price according to the rules I have set. Review collected by and hosted on G2.com.

What do you dislike about PriceEdge?

Some of the built in reports don't match with my requirements. A great thing though is that with a click of a button I can take all the needed data down to an Excel file and complete my analysis there. Review collected by and hosted on G2.com.

What problems is PriceEdge solving and how is that benefiting you?

PriceEdge helped our organization in taking our pricing to the next quality level. Also a live integration with our ERP keeps manual data entry work at the minimum. Review collected by and hosted on G2.com.