ATLANTA, Feb. 22, 2005 (PRIMEZONE) -- Revenue Technologies, the leading provider of Revenue and Price Management solutions, today announced that Advanced Micro Devices (NYSE:AMD), a leading provider of innovative microprocessors, Flash memory devices, and low-power processor solutions for the computer, communications and consumer electronics industries, is using MarketPrice(tm) 4 to streamline and manage its pricing programs in the Computation Products Group (CPG). AMD uses MarketPrice 4 to automate the process of price analysis, planning, enforcement and support. By leveraging MarketPrice 4, AMD has consolidated its pricing processes into a streamlined solution that can drive increased margins through improved forecast accuracy and process efficiency, enhanced customer responsiveness, and improved customer compliance levels.
"When managing a global portfolio of customers, it is critical to have a system that facilitates consistent deal structure across all segments and channels. Given the number of deals we handle, we needed a set of tools that allowed us to quickly and accurately evaluate an opportunity and offer a fair and consistent solution to our customers," said Mike Boussy, CPG pricing manager, AMD. "After an extensive review of existing pricing solutions from both large and small vendors, we selected Revenue Technologies due to their process consulting expertise and the strength of their out-of-the-box product suite. MarketPrice has enabled us to improve the visibility of our pricing decisions' financial implications without sacrificing customer service levels and business relationships. We have been very pleased with our results thus far, and we are maximizing our partnership with Revenue Technologies to drive further pricing improvements around the world."
"AMD joins a list of technology companies who recognize that well-managed pricing programs contribute significantly to the bottom line," said David Trice, founder and president, Revenue Technologies. "We are thrilled to count AMD as one of our valued customers, and we will continue to work with them to ensure that our MarketPrice 4 solution delivers strategic business value and compelling results."
The MarketPrice 4 Solution
MarketPrice 4 is an integrated suite of applications designed to manage pricing on a global basis. Each MarketPrice 4 application embeds pricing process best practices and is engineered for out-of-the-box accelerated deployment and return on investment.
-- MarketPrice Analytics(tm) provides a highly scalable
solution that drives dramatically improved pricing
performance across the organization. Utilizing data from
both real-time and historical sources, MarketPrice
Analytics empowers business users with up-to-the-moment,
actionable insights into customer and product profitability
that lead to more profitable pricing practices.
-- MarketPrice Composer(tm) provides a centralized environment
for detailed price planning and analysis. Through an
intuitive user interface designed for pricing
administrators, MarketPrice Composer offers a unique
framework for configuring and updating finely segmented
pricing rules. As a result, firms can better support
detailed customer segmentation in order to optimize
profit margins.
-- MarketPrice Agreements(tm) is a best-in-class price
enforcement application designed to improve corporate
profitability through superior agreement execution and
control. MarketPrice Agreements allows companies to
automate the entire process of negotiating and managing
pricing, thereby ensuring that firms have the systems and
guidelines necessary to make profitable, competitor-aware,
confident pricing decisions.
About Revenue Technologies
Revenue Technologies, the leading provider of Revenue and Price Management solutions, helps businesses rapidly accelerate profitability through more effective pricing. By utilizing leading edge pricing capabilities inside the MarketPrice(tm) suite, companies such as UPS, AMD, Motorola, and ArvinMeritor have maximized revenue and margins by effectively analyzing, planning, controlling and measuring pricing performance... continuously. Headquartered in Atlanta, Georgia, Revenue Technologies is a privately held company.
For more information, contact the company toll free at 770.551.0700 or visit www.revenuetech.com