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Setting Up a Matrix Series

Using a matrix series, administrators can tailor processes and discounts to specific customer and market segments. They allow for the creation and management of prices and discounts for products in conjunction with customer and market factors.

It is recommended that you use discount matrices for discounts where there are high volumes of prices and adjustments, the discount criteria used for the adjustment are known well ahead of time, and the discount criteria used for the adjustment do not change frequently.

In Siebel Hospitality, discount matrices can be associated with accounts and market segments. For more information about discount matrices, see Siebel Pricing Administration Guide.

This task is a step in Process of Setting Up Product and Property Pricing.

To set up a matrix series, you must do the following:

• Creating a Matrix Series for a Property
• Do one of the following as required:
  • Defining an Account Matrix Discount
  • Defining a Segment Matrix Discount
• Modifying Adjustment Amounts for a Matrix Series