Price List Simulation

Oracle Revenue Management and Billing provides you a price list simulator wherein you can simulate the pricing and analyze the revenue impact. A new screen named Price List Simulation is introduced in this release. It enables you to search for a price list whose price item pricing you want to simulate. You can search for:

• Price lists assigned to customers or accounts where a particular characteristic is defined

• Price lists where a particular price item is assigned

• Price list which is associated with a particular product

• Price lists with a particular description

Once you search for a price list, you can simulate the pricing in a particular currency. On clicking the icon in the Price List Simulation - Proposal column, the Price List Simulation - Proposal screen appears where you can individually update the price and/or volume of a price item or mass update the price and/or volume of the price items in the price list. On simulating the price list, the Price List Simulation Results screen appears where you view the details of the simulation. The details include:

• List of accounts which would be affected with the change in price

• Original and proposed revenue and the revenue impact due to change in the price

On clicking the Simulate button, the system creates the simulation in the Pending status. On clicking the Request Approval button corresponding to a simulation, the system changes the status of the simulation to Approved. The system enables you to extract the effective pricing and simulation results in the Excel format.