Quicklizard Pricing Suite

Our pricing platform enables retailers

and brands to achieve pricing excellence, at scale

Pricing optimization - 878px

How It Works

2
numbers1

Data from multiple data sources including the product catalogue (ERP or any other backend operational system) is fed into the platform using our unique set of API’s.

numbers2

Data is then processed through the pricing engine using the customer’s unique pricing strategies, set in the platform.

numbers3

Once a pricing recommendation is updated back to the backend system to be delivered across all sales channels.

numbers4

The Platform allows flexible setting of pricing strategies based on the customer’s own business goals.

numbers5

The Platform offers full operational, management & audit capabilities through the process.

Core Capabilites

1

Integrations

The platform can integrate with any back end system through the QL REST API or using SFTP Files. The customer product structure as designed in the ERP System will be carried over to the pricing engine and will be enhanced and fed back to the ERP as needed.

2

Rule Based Pricing Optimization

Users can define and implement hundreds of predefined rules and constraints to limit pricing flexibility based on their overall strategy and approach.

3

Open Platform pricing Optimization

Users can use Python code to define rules & strategies based on custom functions and self-deploy AI to price optimization. The open platform allows users to build (in Python) any pricing logic, pricing rules or custom AI pricing proprietary to the customer.

4

AI/ML Pricing Optimization

The platform enables retailers to optimize their pricing based on proprietary AI algorithms built into the platform. Using machine learning and reinforcement learning models the platform produces optimized pricing recommendations. 

5

Multi Channels/Omni Channels

Multi channel/Omni channel (across online/offline and geographies) can be managed from the same log in. Pricing recommendations on one channel can affect pricing across channels . The omnichannel platform allows retailers to offer their customers the most accurate and optimized pricing experience, regardless of the sales channel.

6

Hybrid Model

Designed to help retailers build, automate and optimize next generation multichannel pricing strategies Bring your own data science into the equation. Use Quicklizard’s comprehensive set of APIs to enable your internal data science team to develop, train and test multiple pricing models, with full integration to all platform capabilities.

7

Management Capabilities

Built into the platform are user management, monitoring and auditing capabilities as well as roll back options and versioning on the open platform. The platform offers users an intuitive and clear UI, approval processes as well as views that help perform daily tasks as well as gain insights.

Skip to content