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Managing Products & Catalogs
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Your best sales person knows all your products, bundles, and prices for those products. But it is difficult even for your best sales person to keep up, as the bundles and offers change on a weekly or monthly, sometimes even daily basis. How can you experiment with the bundles and pricing quickly to figure out what marketing campaign is working with your customers?
Your invoicing and billing teams need to be apprised of these experimental prices. In addition, you need to find out if your inventory can support the increased demand for your product. How do you ensure that the marketing, billing, and other teams have a unified view of data at all times across your business?
The
product and catalog management capabilities provides a complete 360-degree view of all products with a single point of entry for all your product management activities, and makes it easy for you to create innovative new offers by reusing existing product components.
Amdocs Ordering offers a product creation environment that provides commercial offers to design marketing bundles, price plans, and agreements to create a product catalog. This centralized product catalog allows you to consolidate all your product information in a master data repository, and also allows you to ensure that compatibility and eligibility rules apply for offers, products, and components, to give accurate information to your customers.
Providing graphical tools and drag-and-drop interfaces, the business users can easily change product and pricing information, as well as bundles and offers. The changes do not need to be hard coded using SQL or any other language through IT, allowing business users to rapidly change the offers in response to changing market conditions. Furthermore, each product can be associated with any business process using drag and drop interface.
These product and catalog capabilities allow you to:
- Quickly design and create products, prices, bundles and offers
- Dramatically shorten time to market your new offers and products, as drag and drop interface allows business users to create and modify product information without hard coding any information through IT
- Manage your offers by providing a unified view of the data at all times to all your users. Any price of offer changes created by the marketing team will be immediately visible to the billing and invoicing, and other teams
- Unlock the profit potential of your product assets by assigning the best business process for each product individually. Re-use and existing ordering process or create a new one on a per product basis
- Leverage any existing product models, or create new ones through the use of flexible data model
- Ensure that only the designated teams can change the appropriate portions of your catalog through role based security. Based on their role, the other users will simply be able to view those changes
Contact Amdocs today to learn more.
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