Applexus Technologies Boosts Its Offerings with Lavendel Consulting Acquisition

Applexus Technologies Strengthens Its Market Position

Applexus Technologies Inc., a leading company in SAP consulting, analytics, and Business AI solutions, recently announced its acquisition of Lavendel Consulting, the world's largest independent consulting partner of Pricefx. This strategic move combines Lavendel's expertise in pricing with Applexus's capabilities in SAP and AI, enabling seamless integration of pricing intelligence into SAP landscapes.

Navigating Market Challenges

As businesses face increasing pressures from market volatility, shrinking margins, and shifting customer expectations, effective pricing has become one of the most potent levers for enhancing corporate performance. In light of these challenges, Applexus's acquisition of Lavendel allows it to offer comprehensive pricing transformation programs. These programs merge strategy, implementation, automation, and continuous optimization into a single intelligent business platform, effectively addressing the intricacies of pricing.

Sam Mathew, CEO of Applexus Technologies, emphasized the transformational impact of this partnership, stating, "We are positioned at the forefront of AI-driven price transformation. By leveraging innovations from Applexus Labs and our extensive presence in North America and Europe, along with Lavendel's pricing expertise, we will deliver solutions that resolve our clients' most complex pricing issues."

Nittu Thomas, COO of Applexus Technologies, highlighted the significance of this partnership, especially given that around 80% of Pricefx customers utilize SAP systems. He noted that this collaboration creates the ideal partner for businesses seeking integrated pricing and ERP optimization. As both companies look to invest in Lavendel's growth, they aim to bring together the best resources from each firm for greater success.

Unmatched Expertise in Pricing

Lavendel Consulting contributes exceptional pricing expertise to the partnership, with its leadership team boasting over 300 years of combined experience. As the only Pricefx partner with a team of 100% certified engineers, Lavendel has successfully managed projects for Fortune 1000 companies across diverse sectors such as automotive, retail, manufacturing, food and beverage, chemicals, and distribution.

Babu Prasath, CEO and founder of Lavendel Consulting, expressed the goal of becoming the foremost partner for pricing transformation in the market. He highlighted how Applexus's global reach, SAP proficiency, and strong market presence provide a robust platform for offering end-to-end pricing solutions, from strategy and implementation to change management and ongoing support.

Future of Integrated Pricing Solutions

Together, Applexus and Lavendel will deliver AI-powered pricing solutions based on Pricefx, seamlessly integrated into SAP systems and supported by a global network of suppliers. This strategic alliance not only enhances the service offerings of both companies but positions them as leaders in the realm of pricing transformation, equipped to tackle the evolving challenges of the marketplace.

For more information about Applexus Technologies, visit www.applexus.com. To learn about Lavendel Consulting, please visit www.lavendelconsulting.com.