ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Averitt Anchors Pricing Strategy, Enables Service Excellence with PROS

Combined impact of dynamic pricing and automation yield increased win rate in highly competitive market, powering sales team agility and efficiency designed to drive revenue uplift

PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing and selling solutions, today announced Averitt, a prominent player in the freight transportation sector, has extended and expanded its subscription of PROS Smart Price Optimization and Management. Averitt has leveraged PROS solutions since 2014 to refine its pricing strategies and consistently deliver market-relevant and brand-aligned pricing that results in revenue uplift.

PROS Smart Price Optimization and Management enables Averitt to move away from anecdotal pricing to AI-powered which adjusts prices dynamically in real-time, using business-managed levers to maintain control. PROS solutions empower Averitt's sales teams to respond to customer needs with winning prices quickly and efficiently, while enhancing its esteemed service reputation.

"Service excellence is the heart and soul of our brand, and our decade-long partnership with PROS reflects the immense value we place in their solutions and the collaborative relationship we've built to further deliver on our brand promise,” said Mark Davis, Vice President, Pricing, Averitt. "The switch to AI-powered pricing has transformed our operations and strengthened our customer relationships. Our pricing strategy, powered by PROS, is a clear differentiator, helping us avoid the commodity trap and position value at a market-relevant price point for our customers."

PROS Smart Price Optimization and Management, an integral part of the PROS Platform, empowers businesses to craft and implement effective price management and optimization strategies at scale. With cutting-edge analytics and reporting tools, Averitt's pricing leaders can align more closely with key stakeholders, make informed decisions and deliver optimized, dynamic prices to its sales team with speed and efficiency.

"For Averitt to remain a leader in transportation and logistics, it cannot rely solely on humans and spreadsheets to address the complex pricing challenges it faces daily,” said Mike Jahoda, Chief Customer Officer, PROS. “By leveraging advanced AI-powered pricing, Averitt can optimize pricing to improve its bottom-line performance and, perhaps most importantly, enhance the overall customer experience by delivering quick and accurate pricing, reducing friction in the sales cycle, and making Averitt the preferred choice for customers."

For more information on PROS Smart Price Optimization and Management, visit pros.com/products/price-optimization-software.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions. Our vision is to optimize every shopping and selling experience. With nearly 40 years of industry expertise and a proven track record of success, PROS helps B2B and B2C companies across the globe, in a variety of industries, including airlines, manufacturing, distribution, and services, drive profitable growth. The PROS Platform leverages AI to provide real-time predictive insights that enable businesses to drive revenue and margin improvements. To learn more about PROS and our innovative SaaS solutions, please visit our website at www.pros.com.

About Averitt

Serving shippers for over 50 years, Averitt is a leading provider of freight transportation and supply chain management solutions with an international reach of over 100 countries. Averitt's “Power of One” service structure provides shippers access to LTL, Truckload, Dedicated, Distribution & Fulfillment, and Integrated services that cover every link in the supply chain. Averitt’s team has been awarded the highest honors in the industry in the past year, including three Quest for Quality Awards, numerous customer awards, and a top ranking in MASTIO & Company’s shipper survey. Averitt's 8,500+ associates are dedicated to delivering the most reliable services within the industry and promoting a company culture centered around people, communities, sustainability, and giving back. For more information, call 1-800-AVERITT (283-7488) or visit Averitt.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  238.38
+4.73 (2.02%)
AAPL  260.48
-0.01 (-0.00%)
AMD  245.04
+8.40 (3.55%)
BAC  52.54
-0.17 (-0.32%)
GOOG  315.72
-0.65 (-0.21%)
META  629.86
+1.47 (0.23%)
MSFT  370.87
-2.20 (-0.59%)
NVDA  188.63
+4.72 (2.57%)
ORCL  138.09
+0.23 (0.17%)
TSLA  348.95
+3.33 (0.96%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.