Pricefx
25 Case Studies
A Pricefx Case Study
Ascend Performance Materials, the world’s largest fully integrated producer of Nylon 66, was hindered by a legacy pricing tool that required heavy manual work and IT coding for spot pricing, had rigid contract maintenance, and offered limited analytics. To address these challenges, Ascend selected Pricefx’s pricing platform—deploying PriceAnalyzer, QuoteConfigurator and PromotionManager—to automate spot and contract pricing, improve insights, and integrate with MS Dynamics and SAP.
Pricefx delivered a bespoke solution in seven months that automated workflows, enabled formula-based contract pricing tied to market indices (covering over 50% of pricing), and added inline analytics and multi-level approvals. The implementation gave Ascend 40 daily and 75 weekly active users full pricing visibility, faster quote approvals, fewer manual errors, clearer margin waterfall analysis, and a markedly shorter pricing turnaround and time-to-value.