Revionics, Inc - RAPS (Revionics Advanced Pricing System)

Product Description:

RAPS price optimization software provides retailers a complete pricing solution, delivering optimized everyday pricing, TPRs, promotions, markdown and modeling. This solution calibrates pricing on every item, every week, ensuring retailers are not leaving money on the table. The SaaS model is pay-as-you-go, offering an affordable alternative to expensive licensed software.
Revionics applies a suite of analysis modules that support a range of pricing strategies combining rules with science. This offers a significant advantage to our customers, as retailers can easily understand the rationale behind a pricing recommendation. For example, it is evident to retailers how competitor prices and margin targets are driving a price change.

Reporting Capabilities:

RAPS Insight shows you at a glance if you are achieving your business goals. It’s a personal dashboard for launching a wide variety of standard reports that give all the actionable advice you need to make fully informed pricing decisions quickly. Drill-down capability allows easy yet comprehensive analysis of report detail so you gain a thorough understanding and a historical perspective of the information behind performance results.
Using RAPS Insight, you can create and save custom reports that show the exact information you need. Retailers can easily export visually powerful reports for use in presentations or email and share reports within their organization. In real time, you can change the style of a report and sort and filter the information it contains. Tasks like category management have never been easier or more productive.
Over thirty standard reports are available for immediate viewing ,or you can use each report as a basis for creating a custom view of specific information. Examples of reports include key performance indicators and sales, item movement, and contribution analysis. The RAPS Analysis Engine updates reports weekly so your view of retail business performance is always current, empowering you to make the best pricing decisions.
The Revionics Analysis Engine continuously delivers improved revenue, profitability, and sales volume, and you will be able to visualize these benefits with Insight reports.

Workflow Capabilities:

Revionics supports configurable workflows, including multiple levels of serial and parallel approval with email alerts. Email alerts can be consolidated into one email to avoid cluttering up users’ in boxes. Revionics supports alerts conditioned on data. For example, if the forecast falls outside a range around a financial target. Once configured, Revionics automatically generates a workflow diagram.

Describe which specific country regulations are incorporated into solution:

Country specific regulations are not required with our solution. RAPS is deployed at client sites throughout North America.

Programming Language:

.net Framework 3.5 with C#, applying Object Oriented and “N-Tier” methods SQL Server 2008 database Internet Explorer 6.5 or higher (7 or higher recommended)

Management System(DBMS):

SQL Server 2008 database

Connectivity Configuration:

Revionics RAPS minimum requirements are: • Windows 2000 running IE 6 SP1 (current on all service packs and security patches) • Windows XP running IE 6 SP2 (current on all service packs and security patches) • Internet speed 256kbps • Screen resolution 1024 x 768 Revionics RAPS recommended requirements are: • Windows XP running IE 7 (current on all service packs and security patches) • Internet speed 512kbps or faster • Screen resolution 1024 x 768 or better

Online Software Demo URL:

http://www.seerevionics.com

Further information about demo:

Contact Revionics for a personalized solution demonstration.

Hosting Options:

RAPS is an SaaS offering

Deployment Options:

RAPS is a SaaS offering

Number of current users:

Revionics currently optimizes over 13,000 stores on a weekly basis.

Other Benifits

• Sales improvement of 1-3% for everyday price optimization, 1-12% for promotion optimization, nad up to 5% for markdown optimization.
  Unit movement improvement of up to 1% for everyday optimization, 1-9% for promotion optimization, and up to 10% for markdown optimization.
  Gross margin improvement of 2-5% for everyday price optimization, 5-20% for promotion optimization, and up to 10% for markdown optimization.
  In general, for every $1 invested, customers of Revionics can expect $10-$20 of return on investment.
  
  Other benefits:
  -- Scalable, analytics run in second sor minutes, not hours or days, improving productivity for pricing strategists and analysts.
  -- Implementation, customers can be live in as little as 90-120 days, so time to value is quick.
  -- Affordable, pay-as-you-go model is easy to afford and justify. Pay for the application as you experience the benefits.
  -- Ease of use, change management and adoption is easy with Revionics untuitive design.
  -- Analytics, developed by optimization industry pioneeds leveraging next generation technology
  -- Modern, entire software portfolio developed over the past 3 years. Solution is fully integrated by design.
  -- Economical, no hidden costs, easy to budget for.