|
How does PROS ensure
that we deliver the highest value solution to our customers?
PROS understands that the key to delivering high value pricing
and revenue optimization solutions is to ensure that our investments
in product enhancement focus on addressing the highest value
business cases. PROS product management process includes gathering
market requirements and prioritizing them based on the value
they will deliver to our customers. Our market analysis allows
us to understand new trends and business needs. Using
that analysis, together with our customers’ input,
we prioritize our product roadmap. To ensure proper
prioritization of market requirements, we conduct User Advisory
Councils and Webinars to keep our customers informed of product
direction and to obtain their feedback. This process, along
with our commitment to Research and Development helps us drive
new innovation in pricing and revenue optimization and allows
us to deliver high value solutions to our customers.
How do PROS pricing and revenue optimization software products meet
the needs of ever-changing markets?
Throughout’ 21 years of successful operation,
PROS understands that the pricing environment of our customers
is always changing. We have extensive experience across
a range of industries and use our diverse product expertise
to interpret requirements in analytics, execution, and optimization
in an accelerated way, significantly reducing time to value.
We are monitor all segments of the market, including prospects,
new customers, existing customers, competition, and industry
leaders. In order to keep up with these market segments,
the PROS Product Management team updates and maintains
a Pricing Product Roadmap. This initiative involves Product
Development, Professional Services and Science and Research.
The proof of our product management process is:
- Customer retention and maintenance
- Repeat business
- Eight years of consecutive profitability
PROS products are extending pricing excellence more widely
across our customers’ organizations than ever before.
How does PROS support and enhance existing customer
relationships while developing new business?
PROS is committed to the success of our customers and helping
them achieve the highest possible value from our products.
PROS understands that our customers are our best references. We
invest significantly in Research and Development and enhancing
our products both to support our existing customer relationships
and to improve our offerings for new customers. We also understand
that value achieved depends not only on the product but on
how the product is used. For this reason, we promote
pricing excellence best practices and education through our
annual conference and summit, in addition to periodic Webinars
and articles. We also invest significantly in continuously
training our staff. By investing in initiatives that increase
the value delivered by our solutions, we increase the value
of our offerings to both our current and future customers.
What is PROS’ risk mitigation strategy for implementing large-scaled
projects?
PROS has extensive experience implementing large-scale projects
with many Fortune 1000 sized companies. Whether the
project is large or small, PROS Professional Services follows
pricing best practices to mitigate risk and ensure project
success. Through the application of pricing excellence
expertise and project profiling, PROS determines
implementation scope and allocates the right resources and
skill sets necessary to accomplish high value for our customers
in the shortest time possible.
How does PROS attract and retain highly talented employees?
PROS
is a world leader
in pricing and
revenue optimization
solutions. As
a fast-paced,
profitable company,
we hire the best of the best! As of
March 31, 2007, PROS’ staff of over 300 includes the following:
- Over 20 employees with Ph.D.s
- Over 100 employees with advanced degrees
- Employees speaking more than 20 languages
PROS attracts and retains employees with strong analytical
skills to help shape the future of pricing and revenue optimization
for new and existing industry verticals. We accomplish this
by offering challenging work among the best and brightest
pricing professionals in the field, providing opportunities
for career advancement and offering a great overall compensation
and benefits package. This package includes the following:
- Competitive compensation
- Incentive programs based on performance
- Tuition reimbursement program
- 23 days of paid time off plus sick days
- Excellent medical, dental and vision options
- On-site gym
- Free parking
- 401(k) plan with company matching funds
- Opportunities for personal and professional growth
PROS provides a family-friendly environment.. We hold numerous
family-oriented events throughout the year. Past events have
included a family day at the Houston Aquarium, Halloween
party with costumed characters, a holiday party with great
food and dancing, the Annual Baby Shower and monthly birthday
receptions. As a company, we honor the hard work of
all employees through an annual Employee Appreciation week
PROS offers an atmosphere that is conducive to information
sharing. All employees up to and including the CEO, work
collaboratively in an open environment where you will witness
first-hand a setting where ideas are shared and appreciated.
PROS builds pricing expertise by providing employees with
extensive training programs in pricing excellence that include
Concept, Leadership, and Product training modules. Employees
go through intense and structured training for the first
four weeks of employment with ongoing training and continuous
professional development thereafter.
|