Author and negotiate rate plan with entitlements

Redwood Platform

Author rate plan with entitlements using new pricing administration user interfaces. Negotiate subscriptions based on rate plan in quotes and sales orders.

Enhanced Rate Plan

New and enhanced user interface 

  • Try the new user interface to manage rate plans  

  • Manage charges and entitlements seamlessly 

  • Navigate to the Subscriptions – Rate Plans view within price lists to create rate plans  

Charges 

  • Use the Charges tab to manage one-time, recurring, and usage charges 

  • Manage different types of charges in personalized sections 

  • Use the basic option to enter the values directly 

  • Use the advanced option to calculate the values based on a formula or price list 

  • Create a rate card (base price matrix) for usage charges 

  • Add tiers and attribute adjustments to the rate plan charges 

  • Capture additional data in descriptive flexfields 

Entitlements 

  • Use the Entitlements tab to manage allowances, estimates, and commitments 

  • Manage the different entitlement types within a rate plan 

Other capabilities 

  • Status  

  • Manage your rate plan charges and entitlements in draft status 

  • Activate your rate plans to use them for pricing subscriptions 

  • Deprecate rate plans that are no longer in use 

  • Follow the rate plan lifecycle: Draft -> Active-> Deprecated 

  • Priority 

  • Manage your rate plan priority as per requirements 

  • You can change the default priority assigned by the system 

  • Rate plan with highest priority (least number) is used for default pricing 

  • Approvals 

  • Activate your rate plans and then submit the price list for approval 

  • Active and approved rate plans can be used for pricing 

Price List: Subscriptions – Rate Plans view

Price List: Subscriptions – rate plans view

Add Charge – Basic Mode

Add charge – basic mode

Add Charge – Advanced Mode

Add charge – advanced mode

Rate Plan - Charges

Rate plan - charges

Rate Plan – Entitlements

Rate plan – entitlements

Rate Plan – Set Priority

Rate plan – set priority

Rate Plan Negotiator 

New and enhanced user interface 

  • Use the enhanced user interface for negotiating rate plans 

  • Take advantage of the common experience across CPQ, Order Management, Subscriptions 

  • View of rate plan charges and entitlements in a unified format 

  • View the details of charges, tiered and attribute adjustments 

  • Invoke the negotiator in a drawer rather than on a page 

  • Personalize your rate plan negotiator using Business Rules and Live Design 

Charges 

  • Negotiate the relevant and applicable details of rate plan charges 

  • View and negotiate one-time, recurring, and usage charges of the rate plan 

  • View and negotiate rate card, tiered adjustments, and attribute adjustments 

  • Click the charge links on the negotiator to navigate to the charge details 

Entitlements

  • View the relevant and applicable details  

  • Negotiate the entitlement details 

  • Click the charge links on the negotiator to navigate to the entitlement details 

Rate Plan Negotiator

Rate plan negotiator

Negotiate Charges

Negotiate charges

Negotiate Rate Card

Negotiate rate card

Negotiate Entitlements

Negotiate entitlements

Rate Plans for Subscriptions in Hybrids and Bundles 

  • View subscriptions and coverages under hybrids and bundles in component view 

  • View details of model-specific charges and standard charges 

  • Support native and rate plan charges for subscriptions 

  • Support rate plans for model items that are also subscriptions  

  • Negotiate rate plans for subscription components

  • You can manage rate plans for subscriptions that are components in a model 

  • You can view rate plans that are standard as well as model specific in the context of a hybrid model and bundles 

  • You can view rate plans for subscriptions that are also model items 

Hybrid Model

Hybrid model

Model Subscription Pricing View

Model Subscription Pricing View

Benefit from these capabilities:

  • Import or update a large number of rate plans for price lists: Improve the consistency and scalability of rate plan setups
  • Enhanced Rate Plan: Streamline subscription pricing administration by managing one-time, recurring, and usage charges together with entitlements in a unified rate plan experience.
  • Price Bundles with Coverages and Subscriptions: Enable selling of bundle-specific coverage and subscription prices
     

Steps to enable and configure

You must run the Revoke Share Data Access process for the data access to be revoked. You can schedule it to run on a regular basis, or run it ad-hoc.

  1. If you use custom job roles, first assign the new privilege Run Revoke Share Data Access Process (PER_RUN_REVOKE_SHARE_DATA_ACCESS_PROCESS_PRIV) to your appropriate job role
  2. Navigate to Scheduled Processes
  3. Click the Schedule New Process button
  4. Search for and select the process Revoke Share Data Access
  5. Choose a Run Type
    • If you choose Expiration date, the process revokes all records with the expiration date before the system date.
    • If you choose Days after creation date, the expiration date is ignored. The process calculates an expiration based on number of days after creation date.
  6. If Run Type is Days after creation date, specify the Number of Days
  7. Optionally select a Recipient
    • The recipient parameter will revoke only records which were shared with the specified recipien
  8. Submit the process

Feature opt-in

  • Enable the Author and Negotiate Rate Plan with Entitlements opt-in to start using the enhanced rate plan and negotiation feature.
  • This opt-in is under the Sales offering for Subscriptions.

Upgrade considerations

  • Your existing rate plans will appear as Active. You can’t modify them. You must manually enter the rate plan priority 

Tips and considerations

Enhanced Rate Plan

Points to consider 

  • You can enter charges in basic mode 

  • You can calculate charges based on formula, price list or another rate plan in advanced mode 

  • You can create rate card (base price matrix charges) in advanced mode 

  • You can create entitlements only after you create charges in a rate plan 

  • You can’t delete charges that have entitlements 

  • You can’t edit active rate plans 

  • You can use the Historical Prices filter chip to view deprecated rate plans 

Points to note 

  • When you deprecate a rate plan, the system assigns it an end date 

  • With approvals enabled, you need to activate all the rate plans and then submit the price list for approval 

  • When you create rate plans, the system sets the default priority in multiples of 10 

  • If you don’t maintain priority at the rate plan level, then the system uses the existing logic of the creation date for default pricing 

Key resources

Access requirements

Privileges

Privilege status Privilege name and code
New

Manage Consumption Entitlements

(OSS_MANAGE_CONSUMPTION_ENTITLEMENTS_PRIV)
New

Manage Consumption Entitlements Negotiation

(OSS_MANAGE_CONSUMPTION_ENTITLEMENTS_NEGOTIATION_PRIV)
New

View Consumption Entitlements Negotiation

(OSS_VIEW_CONSUMPTION_ENTITLEMENTS_NEGOTIATION_PRIV)
New

View Consumption Entitlements Administration

(OSS_VIEW_CONSUMPTION_ENTITLEMENTS_ADMIN_PRIV)
New

Manage Consumption Entitlements Administration

(OSS_MANAGE_CONSUMPTION_ENTITLEMENTS_ADMIN_PRIV)
New

Manage Consumption Entitlements Process Administration

(OSS_MANAGE_ADMIN_PROCESS_CONSUMPTION_ENTITLEMENTS_PRIV)