INSIGHT2PROFIT

INSIGHT2PROFIT is a business analytics platform that aims to help organizations improve profitability by delivering data-driven insights and decision support. According to the vendor, this platform focuses on pricing strategies, AI/ML models, and tailored pricing software applications. It is designed to cater to businesses of various sizes and can be utilized by professionals such as business analysts, pricing managers, financial analysts, sales and marketing managers, as well as private equity firms, manufacturing companies, distribution and logistics companies, and business services and consumer goods companies.

Key Features

Cost To Serve Solutions: According to the vendor, INSIGHT2PROFIT offers cost to serve solutions that analyze program structures with channel partners to identify profitability opportunities. It provides full visibility into the cost to serve each channel partner and helps identify opportunities to increase the profitability of relationships with channel partners.

SKU Rationalization: The vendor claims that INSIGHT2PROFIT can analyze sales data to identify high-volume and most-profitable product offerings. It works with clients to narrow focus onto high-demand and profitable products, while shedding unprofitable and legacy products from the product portfolio.

Promotional Effectiveness: INSIGHT2PROFIT aims to rethink and structure promotions to drive profitable customer behaviors. The vendor states that it develops promotions that benefit customers' wallets and the bottom line, and evaluates the profitability of customer behavior patterns driven by promotions.

Product Positioning: According to the vendor, INSIGHT2PROFIT helps identify features and benefits that differentiate product offerings. It determines pricing strategies that reflect the value of products and aims to communicate value propositions effectively to consumers.

Structured Service Levels: INSIGHT2PROFIT offers the ability to define good/better/best options for service offerings. The vendor claims that it can price service offerings based on perceived value to customers and equip sales teams with best practices and talking points to drive profitability.

Micro-Segmentation Based Pricing: According to the vendor, INSIGHT2PROFIT leverages the opacity of service comparison shopping to optimize pricing. It aims to identify instances for more controlled pricing and opportunities for maximizing profitability, and implements pricing strategies based on micro-segmentation analysis.

Real-Time Quoting Solutions: INSIGHT2PROFIT provides the ability to develop customized quoting tools based on cost and margin considerations. According to the vendor, it yields thoughtful, profitable quotes in real time to increase win rate and continuously refines the quoting tool to adapt to market dynamics and value drivers.

Data Science and Technology Solutions: The vendor claims that INSIGHT2PROFIT utilizes AI/ML models and technology solutions for scalable end-to-end solutions. It aims to turn messy, unstructured data into actionable knowledge and partners with clients to develop dynamic models and technology solutions tailored to their business.

Implementation and Training: INSIGHT2PROFIT partners with clients to implement recommended changes and strategies. According to the vendor, they provide training and process adoption support to empower client teams to drive profit improvement and own the process.

Waterfall Profit Analytics & Dashboards: INSIGHT2PROFIT leverages analytics to identify profit opportunities across the income statement. The vendor claims that it helps implement action plans to improve cash flow and reduce margin erosion, while providing visibility into business performance and actions for profit improvement.