PROS Smart Price Optimization and Management (POM) Overview

PROS offers AI-powered price optimization and management solutions. Businesses can enhance their pricing strategies using advanced AI pricing science provided by PROS.

This is a summary of the comprehensive capabilities and benefits of PROS Smart Price Optimization and Management (POM) based on over 36 insights from peer reviews, customer testimonials, and expert opinions. We included citations from these sources so you can read the full content at the original source if you wish.

PROS Smart Price Optimization and Management (POM), belong to a category of solutions that help CPQ. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

Do you need to check if PROS Smart Price Optimization and Management (POM) is right for your needs? Our Cuspera AI engine can evaluate how PROS Smart Price Optimization and Management (POM) fits your specific business needs, industry, and context. Get your personalized assessment report today.

PROS Smart Price Optimization and Management (POM) supports business activities such as:

  • Proposal & Quote Management
  • Revenue Cycle Management
  • Forecasting
  • Lifetime Value Management
  • Merger And Acquisition

PROS Smart Price Optimization and Management (POM) can help you with many business goals, such as Increase Sales & Revenue.

PROS Smart Price Optimization and Management (POM) was founded in 2011.

Reviews

"...PROS Guidance is a patented segmentation approach, that includes micro-segmentation, price management, pricing optimization, forecasting, and capacity optimization...." Peer review

PROS Smart Price Optimization and Management (POM) Reviews

11 buyers and buying teams have used Cuspera to assess how well PROS Smart Price Optimization and Management (POM) solved their CPQ needs. Cuspera uses 36 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific CPQ needs.

Business Priorities

Increase Sales & Revenue is the most popular business priority peers achieved using PROS Smart Price Optimization and Management (POM).

Use Cases

Peers recommend Proposal & Quote Management , Revenue Cycle Management , Forecasting , as the business use cases that they have been most satisfied while using PROS Smart Price Optimization and Management (POM).

Customer Stories

Air Europa - Airlines

PROS Group Sales Optimizer (GSO) helped Air Europa improve its group sales strategy. The airline faced challenges with managing multiple agency policies and manual processes. GSO allowed Air Europa t...o customize group sales policies and offer accurate pricing. The solution made it easier to handle different travel agencies and points of sale. Air Europa now redirects group sales more effectively and gives better conditions to travel alliances.

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Air China - Airlines

PROS helped Air China optimize pricing, inventory, and connectivity for over 1,000 daily flights and 10,000 markets. Air China started using PROS RM in 1999 and later adopted O&D Revenue Management, ...RMA, and RTDP Advantage. The airline saw a threefold increase in connecting passengers. PROS solutions drove more than $3 billion in extra revenue. Air China improved decision-making, streamlined workflows, and boosted operational efficiency across Asia-Pacific.

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Air Canada - Airlines

Air Canada used the PROS fare marketing platform and Uplift to offer monthly payment plans for flights. This let customers pay as little as $20 per month instead of the full fare upfront. The new pay...ment option appeared across all Air Canada origin and destination pages. After launch, Air Canada saw more conversions, higher average transaction value, and more new customers. 94% of surveyed customers said the monthly payment option made them likely to buy again, and 43% upgraded their travel because of it.

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Aeromexico - Airlines

Aeromexico used PROS GSO and RMA solutions to improve revenue management. They moved from basic availability management to advanced O&D revenue management. The tools helped them make better forecasts... and manage revenue more effectively. After using PROS, Aeromexico recovered from bankruptcy and saw strong business results. The company now relies on AI-driven solutions to plan for the future.

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Aegean - Airlines

PROS Fare Marketing products helped Aegean, Greece's largest airline, boost direct channel performance. They used airWire, airSEM, and airTRFX to show real-time fares in Google Dynamic Remarketing ca...mpaigns. The solution enabled dynamic price insertion in ads and landing pages. Aegean saw conversion rates grow by 3x in the first 60 days. The campaign also lowered cost per conversion and increased ROI.

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Based on peer insights

Cuspera recommends PROS Smart Price Optimization and Management (POM) for

Use Cases Proposal & Quote Management , Revenue Cycle Management , Forecasting
Business Priority Increase Sales & Revenue

IT and Other Capabilities

for PROS Smart Price Optimization and Management (POM)

  • Low
  • Medium
  • High
CAPABILITIES (DATA) RATINGS AND REVIEWS
Data Import

2.93/5 ★

Read Reviews (1)
CAPABILITIES (DATA) RATINGS AND REVIEWS
Data Import

2.93/5 ★

Read Reviews (1)
CAPABILITIES (SUPPORT) RATINGS AND REVIEWS
24/7 Support

3.50/5 ★

Read Reviews (2)
CAPABILITIES (SUPPORT) RATINGS AND REVIEWS
24/7 Support

3.50/5 ★

Read Reviews (2)
CAPABILITIES (OTHER) RATINGS AND REVIEWS
AI Powered

3.46/5 ★

Read Reviews (3)
Analytics

3.76/5 ★

Read Reviews (6)
Custom Reports

3.16/5 ★

Read Reviews (2)
CAPABILITIES (OTHER) RATINGS AND REVIEWS
AI Powered

3.46/5 ★

Read Reviews (3)
Analytics

3.76/5 ★

Read Reviews (6)
Custom Reports

3.16/5 ★

Read Reviews (2)

Software Failure Risk Guidance

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for PROS Smart Price Optimization and Management (POM)

Top Failure Risks for PROS Smart Price Optimization and Management (POM)

Vendor Profile Details

Company Name

PROS Holdings, Inc.

Company Website

https://pros.com/

Year Founded

2011

HQ Location

3100 Main Street, Suite #900 Houston, TX 77002, USA

Employees

1-10

Social

Financials

SERIES A