Last updated on SEPTEMBER 09, 2017
Applies to:Oracle BigMachines Express CPQ Cloud Service for Salesforce.com - Version Spring 15 and later
Information in this document applies to any platform.
If Automatic Renewals are enabled, sales reps may need to update pricing on a previously generated renewal quote. For example, when a renewal quote is automatically created following a closed won deal, the renewal quote’s Line Items will use the same pricing as the original quote. Later, once a renewal is due, the sales rep may want to update the pricing to today’s prices or apply uplift to that original price to capture additional revenue. With this feature:
- Sales reps can apply a current promotional rate to the products on a renewal quote.
- Sales reps can update the renewal pricing to current pricing if your product pricing has changed during the original contract.
- Sales reps can choose to base the renewal pricing off the original price by applying an uplift percentage to the renewal items to increase the value of the deal.
The Update Pricing button provides the sales rep a quick way to update the quantity and the price of Line Items on a renewal quote and choose the desired pricing.
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