Price and Quote Automation for Refined Products
Automating price calculation and communication to customers provides refined products marketers with the ability to price customers more competitively and react faster to market changes.
INCREASE ACCURACY, MARGINS AND REVENUES
Gravitate’s Pricing Engine solution allows fuel wholesalers to automate daily price generation and communicate prices faster and more efficiently. By applying custom rules and data science to refined products pricing, sellers can drive more accuracy, increasing revenues and margins.
The Gravitate Pricing Engine has saved our marketing team hours every day. The ability to build up complex prices and integration with source systems is extremely powerful. We publish 20,000 Plus prices per day and the tool enables us to reprice quickly when the market moves and win more deals.
Pricing Manager
AUTOMATE PRICE GENERATION
Free up your marketer’s time and enable them to build more new business
APPLY CUSTOM RULES
Price to OPIS Low and move more inventory
COMMUNICATE DIRECTLY WITH CUSTOMERS
Notify customers via mobile app push-notifications, texts and emails when new prices are available. Customers have portal access 24/7.
QUICKLY CHANGE QUOTES MULTIPLE TIMES PER DAY
Quickly reprice your customers by editing just one field as the basis shifts throughout the day.
SOLUTION FEATURES
Automate your daily quoting process
Leverage ML Models To Optimize Pricing
Establish pricing rules, tweak as needed and let the machines do the rest.
Real-time comparison to competitor prices
Instant access to competitor pricing helps to drive a competitive edge
Publish prices via text, email and push notification
Streamlined Communication
Keep customers informed of intra-day price changes via notifications or the self-service portal.
Targeted messaging at scale
Reprice entire regions during special events (hurricanes, cold snaps) and drive more rack activity.
CUSTOM PRICING
Real-time pricing is calculated with futures or swap prices
Price differentials can be based on product, location and trading period.
Simple and flexible
Marketers can quickly update adders and diffs and republish prices to react to market changes
Increase revenue
Simple interface that enables smart, quick pricing helps you sell more refined products.
Increase profit margins
Machine-learning based models help your drive customer-centric insights that identify when to increase or decrease diffs.
Increase accuracy
Build a systematic and data-driven approach to pricing, learn from your mistakes and minimize errors.
FLEXIBLE AND CUSTOMIZABLE
Configurable architecture enables simple integration with your processes
Reduce low-value tasks
Automated alerts for deal approval and customer confirmation. Deal API sends the order to your trading system.
IT'S EASY TO GET STARTED
Reach out and request your free, personalized demo today.
Proven Results In
Weeks, Not Years
Discovery Session
30 minutes
Product Demo
1 hour
Benefits Case and Simulation
3-4 days
Implementation, Testing and Training
4-8 weeks
Positive Return on Investment
< 1-year
30 minutes
1 hour
3-4 days
4-8 weeks
< 1-year
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We aim to drive value for energy and commodity organizations by delivering AI enabled collaboration and decision support software.