{"id":74576,"date":"2024-07-18T07:42:44","date_gmt":"2024-07-18T13:42:44","guid":{"rendered":"https:\/\/www.vendavo.com\/?p=74576"},"modified":"2024-08-01T08:27:49","modified_gmt":"2024-08-01T14:27:49","slug":"vendavo-launches-action-adviser","status":"publish","type":"post","link":"https:\/\/www.vendavo.com\/news-releases\/vendavo-launches-action-adviser\/","title":{"rendered":"Vendavo Launches Action Adviser for AI-Powered Growth Strategy Recommendations\u00a0\u00a0"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><em>New SaaS solution delivers automated analysis, recommendations for manufacturers and distributors to increase revenue, margin, and profitability&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<p><em>Denver, July 18, 2024<\/em>\u2014To identify and execute commercial opportunities that boost growth and reduce unwanted price variation, <a href=\"https:\/\/www.vendavo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vendavo,<\/a> the global leader in B2B pricing, selling, and rebate solutions, today announced the launch of Vendavo Action Adviser, an AI-powered analytics solution for manufacturers and distributors.&nbsp;<\/p>\n\n\n\n<p><a href=\"http:\/\/action%20adviser\/\" target=\"_blank\" rel=\"noreferrer noopener\">Action Adviser<\/a> uses organizations\u2019 transactional data to automate and scale best-practice analytical pathways, called playbooks, to recommend pricing and selling strategies that reduce revenue and margin leakage, resulting in increased growth and profitability. The cloud-native AI solution, with zero up-front implementation costs, identifies revenue and margin leakage sources, as well as prescriptive improvement insights that can be verified and validated by users, tracked, and measured.&nbsp;<\/p>\n\n\n\n<p>\u201cLeading management consulting firms have long shown that every company has multiple sources of revenue and margin leakage that erode growth and decrease profitability,\u201d said Alex Hoff, Chief Product Officer at Vendavo. \u201cThe traditional approach has been to provide BI tools to business analysts and have them regularly search for these leaks. While many of our Fortune 500 clients have measured tens of millions of dollars annually in re-captured leakage, they\u2019ve also told us that they no longer want more BI tools \u2013 they want actionable insights, delivered to their business users, in their everyday workflow solutions.\u201d&nbsp;<\/p>\n\n\n\n<p>AI-powered analytics and recommendations smooth out program and process inefficiencies and strengthen sales performance. By removing the heavy lift of data analysis, updated strategies can be scaled across sales, marketing, and finance teams\u00a0to quickly take corrective actions.\u00a0<\/p>\n\n\n\n<p>\u201cLow or negative margin products and customers, stale and ineffective prices, and excessive price variation all contribute to revenue and margin erosion,\u201d said Hoff. \u201cAction Adviser addresses these common circumstances with fast improvement ideas that are rooted in organizational data.\u201d&nbsp;<\/p>\n\n\n\n<p>Action Adviser integrates with other Vendavo profit transformation products including <a href=\"https:\/\/www.vendavo.com\/our-products\/intelligent-cpq-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">Intelligent CPQ<\/a> for configure, price, quote, <a href=\"https:\/\/www.vendavo.com\/our-products\/price-management-software\/\" target=\"_blank\" rel=\"noreferrer noopener\">Vendavo Pricepoint<\/a> for price optimization, and <a href=\"https:\/\/www.vendavo.com\/our-products\/rebate-and-channel-manager\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rebate &amp; Channel Manager<\/a> for rebate management. It also integrates with disparate commercial systems like ERP, CRM, and other pricing and CPQ solutions to combine data, leverage AI-driven analytics, power predictions, and provide recommendations for revenue, margin, and profitability challenges.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>Learn more about Action Adviser <a href=\"https:\/\/www.vendavo.com\/our-products\/action-adviser\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.&nbsp;&nbsp;<\/p>\n\n\n\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-1024x640.png\" alt=\"Vendavo Action Adviser - AI-powered growth recommendations\" class=\"wp-image-74595\" srcset=\"https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-1024x640.png 1024w, https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-300x188.png 300w, https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-768x480.png 768w, https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-1536x960.png 1536w, https:\/\/www.vendavo.com\/wp-content\/uploads\/2024\/07\/Vendavo-Action-Adviser-Run-Analysis-with-Declined-Opportunities-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p><\/p>\n\n\n\n<p>##&nbsp;<\/p>\n\n\n\n<p><strong>About Vendavo<\/strong>&nbsp;<\/p>\n\n\n\n<p>Vendavo\u202fempowers global manufacturers and distributors to accelerate growth and profitability with leading pricing, selling, and rebate management solutions. Companies like Emerson, Medtronic, and GAF rely on\u202fVendavo\u202fto manage, optimize, and\u202fdigitize their end-to-end commercial processes. Vendavo&#8217;s\u202fsolutions, team of pricing and\u202fselling experts, and proven process accelerates value and outcomes that are not only\u202fpredictable, but unrivaled. With\u202fVendavo, the world&#8217;s most ambitious B2B organizations can develop\u202fdynamic customer insights and execute optimal pricing strategies that maximize margin, boost sales\u202feffectiveness, and improve the customer experience.\u200b&nbsp;<\/p>\n\n\n\n<p>\u200b&nbsp;<\/p>\n\n\n\n<p>Vendavo\u202fis headquartered in Denver, with offices in Czech Republic, India, and Sweden.\u202fFor more\u202finformation,\u202fplease visit\u202f<a href=\"http:\/\/www.vendavo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.vendavo.com<\/a>.&nbsp;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New SaaS solution delivers automated analysis, recommendations for manufacturers and distributors to increase revenue, margin, and profitability\u00a0\u00a0<\/p>\n","protected":false},"author":24,"featured_media":74748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1237],"tags":[1568],"class_list":["post-74576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-releases","tag-action-adviser"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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