Pricing Is Based on Pricing Procedures

Pricing logic is defined using pricing procedures. These procedures are based on the Product Selection and Pricing (PSP) engine. The advantage of using the PSP engine is that pricing is fully configurable. For more information about the PSP engine, see Siebel Order Management Infrastructure Guide. For information about the procedures used for pricing, see Siebel Pricer Technical Reference.

Because you can use pricing procedures to define pricing logic, pricing models and pricing factors are no longer used in Siebel Pricer version 7.8 or later.