ORACLE DATA SHEET

ORACLE ADVANCED PRICING

KEY FEATURES

Oracle® Advanced Pricing is the application that consistently

INCREASE VALUE THROUGH
IMPROVED PRICING executes complex pricing for maximum profit. Advanced Pricing is a
COMMUNCIATION AND key component of the Oracle CRM and SCM solutions, the integrated
SIMPLIFIED SETUP
suite that drives profitable customer and supplier interactions.
• Easily create and distribute
Price Books to customers and
partners
Implement Flexible Pricing to Maximize Profit
• Leverage TCA Party
Hierarchy to enable targeted In complex business situations, pricing often represents a compromise between
pricing strategies flexibility and ease of execution. Simplistic pricing leaves money on the table
• Reduce the number of price
because it fails to capture all of the variables that affect your business. Yet more
and adjustments using
Hierarchical Product flexible pricing structures that have the potential for higher profits can be difficult
Categories and expensive to execute. Oracle Advanced Pricing solves this quandary by
• Enable shared services for
automating execution and enforcement of even the most complex pricing strategies.
Pricing Security
• Support pricing setups for With Oracle Advanced Pricing you can:
Telecommunications Industry
• Execute flexible pricing

• Enforce pricing compliance

• Reduce pricing maintenance costs

Execute Flexible Pricing

Oracle Advanced Pricing lets your business easily implement even the most
complex and volatile pricing strategies.

Configurable Rules and Components Implement Any Pricing Strategy

Oracle Advanced Pricing enables companies to quickly define and implement
sophisticated pricing strategies to meet changing business requirements. With
Advanced Pricing’s flexible setup framework, you can model even the most
complex pricing scenarios. The application provides a simple process for creating
pricing strategies and defining and categorizing pricing rules. It allows you to easily
add controls such as timeframes, quantities, or security. Advanced Pricing also
offers pre-built, tailorable pricing setups to meet business-specific pricing
requirements.

Multiple Currency Support Enables Global Pricing

Whether your pricing strategy is global or local, Advanced Pricing has the flexibility
to implement your revenue strategy. The system supports global as well as country-
specific pricing. Price list currency conversion translates prices from a base
currency using flexible criteria that can be set differently for each target currency.
Unlike many systems, Oracle provides multiple conversion methods—from a simple
fixed rate to complex formulas. Advanced Pricing also supports global discounts
that can be made available regardless of the currency being used.

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Automate Price Publishing Process with Price Books

Providing consistent pricing to various sales channels is a problem that many
companies face. Communicating pricing to customers, partners and your sales force
is easier with Oracle Advanced Pricing’s Price Book functionality. Supporting
multiple methods of request via self-service user interface, Get Catalog XML
message or API, you can generate price books for rapid deployment. Built in
integration with Oracle XML Publisher enables you to create custom report layouts
and include your company logo. Additionally, you have the choice of selecting
publishing options that meet the needs of your business relationships. Whether you
want to electronically send your price books via an XML sync catalog message, or
send a printed price book report in an e-mail attachment, Advanced Pricing Price
Books makes communicating your pricing easy.

Figure 1: Price Book On-Line Report

Enforce Pricing Compliance

Oracle Advanced Pricing polices pricing execution to ensure that you are always
giving the right price to each customer.

Promotional Controls Enforce Spending Limits

Don’t let promotions put you in the red. With Oracle Advanced Pricing’s
promotional limit functionality, you can cut off promotional spending exactly when
it reaches predetermined limits. Limits can be based on a cumulative discount
amount, gross revenue of products, total quantity ordered, total units accrued, or
usage of a promotion. You can monitor promotional limits, view transaction details,
and track available balances. Once a limit is reached, Advanced Pricing stops the
promotion from being applied to additional transactions.

Price Security Prevents Unauthorized Changes

Enforcing pricing compliance includes protecting your price list from unauthorized
changes. Oracle Advanced Pricing offers extensive security rules that let you define
who can view and modify prices. Administrators can set rules by role, operating
unit, or user. Security rules also enforce correct pricing when customers place

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orders. For example, rules can ensure that only price lists and promotions available
to the ordering organization will be applied. With Advanced Pricing, you have the
security of knowing that your pricing information is properly protected and correctly
executed.

Shared Pricing Setups Ensure Consistency Across Channels

Disparate pricing systems cost your business by allowing customers to “shop
around” in different sales channels that have different prices. With Oracle
Advanced Pricing, all your price information for all sales channels is maintained in
one place. Advanced Pricing is fully integrated with all of Oracle’s ordering
applications: Oracle iStore, Quoting, Configurator and Oracle Order Management.
Whether your customer orders through your web store or by telephone with a
customer service representative, pricing and promotions are executed consistently
across all channels.

Reduce Pricing Maintenance Costs

Oracle Advanced Pricing allows you to define and maintain pricing and promotions
without IT assistance, greatly lowering the cost of creating and modifying pricing.

Seeded Data Provides Immediate Rule Creation

Oracle Advanced Pricing enables you to implement your strategy, modify it quickly,
and immediately deploy it to all sales channels. Advanced Pricing offers an
extensive library of commonly used pricing data that makes it easy to configure
eligibility rules. You can quickly create multi-condition rules and associate them
with price lists, discounts and promotions. Advanced Pricing also leverages
customer party hierarchies from Oracle TCA and Hierarchical Categories from
Oracle PLM enabling changes in customer and product catalogues to immediately
reflect in pricing transactions with no additional maintenance required in your
pricing setups. With Advanced Pricing, your pricing can react quickly to
competition, promotions, and changing business conditions.

Easy Interface Allows Business-User Configuration

When the Marketing department is starting a new promotion tomorrow, there is no
time to ask IT to make pricing system changes. Oracle Advanced Pricing puts
creating price configuration in hands of business users. Oracle Advanced Pricing’s
graphical user interface enables business people to enter prices, create formulas, and
configure discounts and promotions. Workflow-based entry screens walk beginners
through every step of creating prices and common promotion types. Feature-rich
forms provide denser access to the system’s capabilities for power users. Oracle
Advanced Pricing makes configuring prices and promotions quick and coding-free.

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KEY BENEFITS

WITH ORACLE ADVANCED

PRICING YOU CAN
• Execute flexible pricing
• Enforce pricing
compliance
• Reduce pricing
maintenance costs Figure 2: Workflow guides user in creating promotion

Extensible Architecture Eliminates Customization Costs

RELATED PRODUCTS
Oracle Advanced Pricing can be easily extended to fit your business. You can
Oracle Advanced Pricing is
create new pricing attributes based on data sourced from Oracle or third-party
integrated with these Oracle
applications to implement systems without any custom coding. When customization is required, Advanced
flexible pricing to maximize Pricing provides open, business object-oriented API's so you can add your own
profits:
• Oracle Order
custom coded functions without compromising upgradeability to future releases.
Management With Oracle Advanced Pricing, you can configure the software to match your
• Oracle Quoting company-specific business processes, not the other way around.
• Oracle iStore
• Oracle Trade
Oracle E-Business Suite—The Complete Solution
Management
• Oracle Service Contracts
Oracle E-Business Suite enables companies to efficiently manage customer
• Oracle Sales Contracts processes, manufacture products, ship orders, collect payments, and more—all from
• Oracle Inventory applications that are built on unified information architecture. This information
• Oracle Purchasing architecture provides a single definition of your customers, suppliers, employees,
• Oracle CMRO
and products—all important aspects of your business. Whether you implement one
module or the entire Suite, Oracle E-Business Suite enables you to share unified
RELATED SERVICES information across the enterprise so you can make smarter decisions with better
The following services are information.
available from Oracle Support
Services:
• Oracle E-Business Suite
Accelerators
• Oracle Application
Solution Centers
• Oracle University
• Oracle Consulting

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