Vendavo User in the Auto industry
We utilize Vendavo for service part pricing, as well as for marketing/sales analytics.
Vendavo
Vendavo
Vendavo
Overview
What is Vendavo?
Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution.
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What is Vendavo?
Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution.
Entry-level set up fee?
- No setup fee
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- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
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Welcome to Vendavo
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What is Vendavo?
Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution.
Vendavo Video
Welcome to Vendavo
Vendavo Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Frequently Asked Questions
Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution.
Reviewers rate Support Rating highest, with a score of 6.7.
The most common users of Vendavo are from Enterprises (1,001+ employees).
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January 30, 2020
Vendavo User in the Auto industry
We utilize Vendavo for service part pricing, as well as for marketing/sales analytics.
- Allows for integration of actual transactional sales into system analytics.
- Provides a quick turnaround for pricing decisions.
- Improve import function in the Profit Analyzer for bulk parts. Handles large part imports slowly.
36.36363636363636%
3.6
- Manage our competitiveness and identify pricing opportunities.
January 19, 2020
It was good, but is now falling behind competitors
We used Vendavo PA for our sales and marketing department. It is used to analyze the effectiveness of sales, our freight expenses, margins, etc.
- Graphical interfaces.
- It provides the ability to drag and drop analyzing items (dimensions, measures).
- Getting an integration with ERP is not easy.
- It's not very flexible in adding dimensions.
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- Better effectiveness of rebates.
- Better effectiveness of freight.
- Salesforce Einstein Analytics (formerly Wave Analytics)
Salesforce Analytics is better for our current needs. We discontinued using Vendavo.
Support was not very responsive, and required added costs.
December 14, 2016
Vendavo Review
I have around 12 years of experience in implementing Vendavo for various customers in US, Europe, Asia, and Japan. If implemented correctly Vendavo is a great product to improve the [profit] margin. The Analytics module of Vendavo is a great module where it helps customers to realize leakages in the [profit] margin. It helps to identify the areas where they need to pay attention to make corrective measures. The analytics also powers the other modules of Vendavo to make the right decision on pricing.
We can provide the user with the right information on the pricing opportunities to improve setting the price or the price negotiation. Vendavo handles complex pricing scenarios with ease. Vendavo is very flexible and can be implemented to various businesses and various functionalities without more compromise to the customer's business model. In a global scenario, the pricing in different regions for products can be challenging. Vendavo will be handy if it is implemented correctly. The new optimization module takes Vendavo to the next level where once you identify the areas of improvements and act on it, you can still optimize it.
We can provide the user with the right information on the pricing opportunities to improve setting the price or the price negotiation. Vendavo handles complex pricing scenarios with ease. Vendavo is very flexible and can be implemented to various businesses and various functionalities without more compromise to the customer's business model. In a global scenario, the pricing in different regions for products can be challenging. Vendavo will be handy if it is implemented correctly. The new optimization module takes Vendavo to the next level where once you identify the areas of improvements and act on it, you can still optimize it.
- Vendavo has a great Analytics module. Integrity of the data is a challenging thing but if it is set correct it can identify the leakages in the margin and also clearly identify the pricing opportunities.
- The Deal Manager module is great at negotiation. It can handle complex deal pricing. Another big strength is that it can be customized to different business and segments. Without compromising too much on your business process Vendavo deal manager can be implemented to different business units of a large organization.
- Vendavo's new optimization module is an interesting new introduction. It combines the power of analytics price setting and helps in deal management to a great extent.
- Vendavo has a very good workflow configuration process. It can control price variation and margin reduction with appropriate workflow process.
- Performance can be an area of improvement when it comes to large implementations. The Deal Manager module tends to get slow when the line item size is large and if we have nested line items it gets slower. In most cases, the issues with the performance are mainly related to poor implementation practices and poor infrastructure but still there is scope for improvement in performance.
- The reporting framework of Vendavo needs to be improved. I have seen customers requesting various reports that they need to generate from Vendavo. The users of Vendavo make some critical pricing decisions. These decisions need to be explained and backed by some reports that can be generated out of it.
- I have heard from customers that the UI needs to be improved. It could also be a training issue but if we can simplify the UI to some extent it will benefit customers.
April 01, 2016
Vendavoooh Yeah!!!!
We used Vendavo to evaluate the margin of deals based on a wide variety of criteria. Working in a sales organization, it was imperative to understand the market, both in general and within the specific vertical that you are selling to. Vendavo allowed us to quickly and easily compare how a deal stacked up against other similar deals based on vertical, geographic location, etc.
- The charts and graphs that you can pull from Vendavo are easy to read, and easy to work with.
- Reporting - You can save individual reports and run them consistently. They are also easy to tweak for a more specific application.
- Export capabilities were great, it was easy to grab data from Vendavo.
- Not a fault of Vendavo, but management needs to clearly align how they want to have things set up, or there will be headaches during set up.
- Data inconsistencies from the end user company were common, again not the fault of the Vendavo software but also didn't solve the issue.
- No Oracle version.
- Helped drive better business decisions.
- Increase in overall margin.
- Better understanding of specific markets.
- None
I have not used any other products similar to Vendavo.
March 25, 2016
Average discount determined in an exceptionally
Vendavo is used as a pricing tool to determine average price paid by customers, and to determine average price at which we sell our products to all customers.
- Determines average discount over time
- Determine price paid by a customer
- Determining names of customers... i.e. Does Conoco own Conoco Phillips....
- positive. determining which customer pay more , and which pay less