Epicor P21 is comprehensive enterprise resource planning (ERP) software designed to support companies of all sizes and industries. One of the key features of this software is the ability to use multi-tiered pricing models, which are increasingly used by companies to meet the different needs and budgets of their customers.

In a tiered pricing model, a company offers its products or services at different prices based on specific criteria such as quantity, location, or customer segment. This approach allows companies to reach a wider range of customers and increase their overall revenues. However, managing multiple pricing tiers can be complex and time-consuming, which is where Epicor P21 comes in to simplify the process.

One of the key ways Epicor P21 supports companies using tiered pricing models is through its robust pricing engine. This engine allows companies to set rules and criteria for different levels, making it easier to manage and update prices for different products, regions and customers. This feature allows companies to gain better control over their pricing strategy and ensure customers are billed accurately based on their eligibility for various tiers.

In addition, Epicor P21 also offers customizable solutions for creating sales offers and order management. This means that when a customer submits a quote for a specific product, the software can automatically apply tiered pricing rules and provide a final price based on its suitability. This eliminates the need for manual calculations, reducing the risk of errors and saving time for both the customer and the sales team.

Another advantage of using Epicor P21 tiered pricing software is its ability to handle complex sales scenarios such as bulk discounts and promotional pricing. For example, a customer may be eligible for a specific discount if they purchase a certain quantity of a product. This software allows companies to easily set and enforce such policies, enabling them to offer competitive prices and attract more customers.

On top of these features, Epicor P21 also provides real-time analytics and reporting, giving companies valuable insight into their sales and pricing strategy. This allows them to make data-driven decisions and continually improve their pricing strategy to stay competitive in the market.

In short, Epicor P21 is an essential tool for companies with differentiated pricing models. With a robust pricing engine, customizable solutions, and advanced analytics, this software makes it easier for businesses to manage pricing strategy and optimization, ultimately driving growth and success.