TIMELINE
- Commercials are mapped on a timeline to ensure that plotting is done proactively with no need for a blackout phase
- No need for downtime that most traditional ERPs require to transition from one cut-off period-end into the next period
COMBINATION OF ALL COMMERCIAL COMPONENTS
- Pricing - list price and other price lists
- Packaging charges
- Shipping & handling charges
- Taxation
MARKETWISE TERRITORY-BASED PRICING
- Mapping price lists to markets by territorial geography on a timeline
- Market areas defined in the account setup helps allocate prices to accounts with no special contracts
PROMOTION PRICING
- Multiple price lists can be plotted on the same timeline and market areas
- As a rule, lower of all applicable prices at any point in time will be available for ordering by the buyer
- Hence, simple means to setup promotional pricing is to add another price list for the period of the promotion
SEPARATE ROLE FOR PRICING
- For control purposes and segregation of duties, pricing and transaction processing are defined as separate roles in the RBAC framework
