Averitt Anchors Pricing Strategy, Enables Service Excellence with PROS
05 February 2025 - 1:15AM
Business Wire
Combined impact of dynamic pricing and
automation yield increased win rate in highly competitive market,
powering sales team agility and efficiency designed to drive
revenue uplift
PROS Holdings, Inc. (NYSE: PRO), a leading provider of
AI-powered SaaS pricing and selling solutions, today announced
Averitt, a prominent player in the freight transportation sector,
has extended and expanded its subscription of PROS Smart Price
Optimization and Management. Averitt has leveraged PROS solutions
since 2014 to refine its pricing strategies and consistently
deliver market-relevant and brand-aligned pricing that results in
revenue uplift.
PROS Smart Price Optimization and Management enables Averitt to
move away from anecdotal pricing to AI-powered which adjusts prices
dynamically in real-time, using business-managed levers to maintain
control. PROS solutions empower Averitt's sales teams to respond to
customer needs with winning prices quickly and efficiently, while
enhancing its esteemed service reputation.
"Service excellence is the heart and soul of our brand, and our
decade-long partnership with PROS reflects the immense value we
place in their solutions and the collaborative relationship we've
built to further deliver on our brand promise,” said Mark Davis,
Vice President, Pricing, Averitt. "The switch to AI-powered pricing
has transformed our operations and strengthened our customer
relationships. Our pricing strategy, powered by PROS, is a clear
differentiator, helping us avoid the commodity trap and position
value at a market-relevant price point for our customers."
PROS Smart Price Optimization and Management, an integral part
of the PROS Platform, empowers businesses to craft and implement
effective price management and optimization strategies at scale.
With cutting-edge analytics and reporting tools, Averitt's pricing
leaders can align more closely with key stakeholders, make informed
decisions and deliver optimized, dynamic prices to its sales team
with speed and efficiency.
"For Averitt to remain a leader in transportation and logistics,
it cannot rely solely on humans and spreadsheets to address the
complex pricing challenges it faces daily,” said Mike Jahoda, Chief
Customer Officer, PROS. “By leveraging advanced AI-powered pricing,
Averitt can optimize pricing to improve its bottom-line performance
and, perhaps most importantly, enhance the overall customer
experience by delivering quick and accurate pricing, reducing
friction in the sales cycle, and making Averitt the preferred
choice for customers."
For more information on PROS Smart Price Optimization and
Management, visit
pros.com/products/price-optimization-software.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of
AI-powered SaaS pricing, CPQ, revenue management, and digital offer
marketing solutions. Our vision is to optimize every shopping and
selling experience. With nearly 40 years of industry expertise and
a proven track record of success, PROS helps B2B and B2C companies
across the globe, in a variety of industries, including airlines,
manufacturing, distribution, and services, drive profitable growth.
The PROS Platform leverages AI to provide real-time predictive
insights that enable businesses to drive revenue and margin
improvements. To learn more about PROS and our innovative SaaS
solutions, please visit our website at www.pros.com.
About Averitt
Serving shippers for over 50 years, Averitt is a leading
provider of freight transportation and supply chain management
solutions with an international reach of over 100 countries.
Averitt's “Power of One” service structure provides shippers access
to LTL, Truckload, Dedicated, Distribution & Fulfillment, and
Integrated services that cover every link in the supply chain.
Averitt’s team has been awarded the highest honors in the industry
in the past year, including three Quest for Quality Awards,
numerous customer awards, and a top ranking in MASTIO &
Company’s shipper survey. Averitt's 8,500+ associates are dedicated
to delivering the most reliable services within the industry and
promoting a company culture centered around people, communities,
sustainability, and giving back. For more information, call
1-800-AVERITT (283-7488) or visit Averitt.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20250204353904/en/
PROS Media Contact Amy Williams +1 713-335-5916
awilliams@pros.com
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