What a pricing system is
A pricing system is everything between "what does it cost" and "what did we charge": the data, the rules, the engine that applies them, the people who approve exceptions, and the record. Most distributors have one, it is just spread over the ERP, a discount matrix, a spreadsheet and the reps. The question is whether it is written down and whether it learns.
The parts of Elastly's pricing system
Each part is a screen in the dashboard, and each one reads and writes the same decisions, so nothing is copied between tools. It starts with data and rules.
Data
Catalog, cost, stock, customers, quotes and orders, synced from the ERP and stores on every change.
Policy
Floors, ceilings, rounding, confidence and approval limits. The engine never prices outside them.
Strategies and the engine
Rules decide the shape of a price. The engine decides the number.
Strategies
Rules with a scope, a priority and a rollout, drafted by hand or by the assistant from a sentence.
Engine
The model that prices every line from history, stock and the market, and shows each factor.
Before and after a price ships
One part tests a change before it goes live. The other catches the exceptions after.
Simulator
Last year replayed under a new policy or strategy, with margin and win rate side by side.
Approvals
Exceptions routed to a manager with the reasons, from the queue or a notification.
Seeing what happened
The last two parts close the loop.
Analytics
Decisions, drift, margin leaks, insights and monthly reports.
Integrations
21 connectors, plus the API and webhooks, so the decided price lands where the order is written.
ERP pricing versus a pricing system
ERP price levels and customer discounts are a storage system: they hold the number someone decided. A pricing system decides the number. NetSuite Advanced Pricing, for example, applies quantity breaks and customer-level prices you enter; it cannot read last year's lost quotes or a rival's stock. Elastly sits on top of it and writes the decided price back into the fields NetSuite already has.
Live in days
Connect your ERP in an hour. Import history the same day. Run in shadow mode for a few weeks while the team compares the engine's prices to their own. Switch on writeback for one branch, then all. Mineral Circles Bearings connected in March 2026 and was live everywhere by June.