Case Study: Global Electric Business achieves 14-point growth with Pricefx

How a Global ElectricBusiness Added 14 Pointsto Growth

Global Electric Business, a $2.5B global provider of electrical connection and protection solutions, faced fragmented, manual pricing—relying on Excel, emails, and siloed segment processes with poor audit trails. They needed a centralized pricing and quoting platform to manage quotes, automate approvals/DOA, handle claims and rebates, and deliver consistent, measurable pricing outcomes, so they selected Pricefx SaaS pricing software.

Pricefx integrated with the company’s SAP, M3, MuleSoft, Tacton and Snowflake landscape and rolled out Pricefx Price Setting, Rebates and Channel Management (with highly configured Quoting and Agreements/Promotions). Pricefx automated list‑price updates, quote approvals and DOA workflows, rebates and claim matching, cutting list‑price and quoting time by about 50% (quote approvals from days to hours), reducing claims processing 50–75%, and raising win rate ~5%. The results were concrete: Pricefx contributed 14 points to growth in 2022 (about $333M) and delivered $97M in pricing gains in H1 2023.