KSS Inc. has launched PriceNet SaaS (News - Alert), a hosted version of KSS’ fuel price management software for convenience and grocery retailers. KSS provides pricing software, analytics and consulting services to fuel retailers and wholesalers in the oil & gas, convenience store and retail industries.
PriceNet SaaS gives fuel providers the option to obtain automated fuel price management through a software-as-a-service, or SaaS, model.
PriceNet SaaS enables retailers to save on upfront investments like servers and other necessary equipment to host the software themselves. In addition, usage of PriceNet SaaS cuts ongoing costs for IT personnel to maintain the system.
PriceNet is a pricing solution that supports key tasks and stakeholders involved in retail fuels pricing such as capturing field-based intelligence at the site level, generation of price proposals via comprehensive pricing rules or price optimization and consistent and timely implementation.
The high levels of automation and an exception-based approach ensure a rapid response to competitors and market conditions.
According to Bob Stein, president and chief executive officer of KSS, PriceNet SaaS enables fuel retailers and marketers to experience the same benefits and functionality of the site-licensed version of PriceNet, without expending upfront capital and tying up internal IT resources to maintain the system themselves.
PriceNet SaaS reduces implementation time greatly, which enables fuel retailers to quickly roll out the solution for faster impact on their operations.
The KSS pricing software is used by organizations to define optimal pricing strategies and adapt them quickly to changing market conditions, execute pricing strategies & tactics, eliminating errors and enhancing customer loyalty. Carolyn John is a Contributor to TMCnet. To read more of her articles, please columnist page.
The software also implements pricing decisions more efficiently, rapidly identifying and responding to market events and ensures that compliance and other price legislation requirements are met at all times.
Edited by Kelly McGuire
|| By Carolyn J Dawson
comments powered by