Add Pricing Elements to the Pricing Procedure
Pricing elements are the building blocks of a pricing procedure. Add an element to create a step in the pricing procedure. Use the Pricing Setting, List Price, and Price Adjustment Matrix elements to form logical steps in the pricing procedure for Digital Lending.
Required Editions
Available in: Lightning Experience Available in: Professional, Enterprise, and Unlimited Editions |
| User Permissions Needed | |
|---|---|
| To set up Digital Lending: | Digital Lending permission set |
| To configure Product Configurator for Digital Lending: | Omnistudio Admin AND Product Catalog Management Designer AND Rule Engine Designer permission set AND Salesforce Pricing Design Time |
| To use Product Configurator for Digital Lending: | Omnistudio User AND Product Catalog Management Viewer AND Rule Engine Runtime AND Salesforce Pricing Run Time |
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To map the variables in a pricing procedure to context tags, create a Pricing Setting element. Use the chart to create the
element.
Field Value Line Item ProductId Net Unit Price Select a Value Subtotal AFPPInterestRate -
To calculate the base price of a product based on the price type, create a List Price element. Use the chart to create the element.
Field Value Lookup Table Details ProductListRateDT Product ProductId Quantity Select a Value List Price Field Constant_UnitPrice_ProductListRateDT_LP List Price AFPPInterestRate Subtotal AFPPInterestRate -
To calculate the price of a product based on credit score, create a List Container. Then add List Operation, Formula Based Pricing, and Price Adjustment Matrix elements to the list
container.
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Use the chart to create the list operation element.
Field Value Filter Condition Requirements All Conditions Are Met (AND) Resource AttributeName Operator Equals Value CreditScoreConstant -
Use the chart to create the formula-based pricing element.
Field Value Calculation Formula VALUE (AttributeValue) Output Variable AttributeValueAsNumber -
Use the chart to create the price adjustment matrix element.
Field Value Lookup Table Details CreditScoreBasedAdjustment Product ProductId LowerBound AttributeValueAsNumber UpperBound AttributeValueAsNumber Adjustment Type Field Constant_AdjustmentType_CreditScoreBaseAdjustment_PAM Adjustment Value Field Constant_AdjustmentValue_CreditScoreBaseAdjustment_PAM Quantity Select a quantity. Net Unit Price AFPPInterestRate Subtotal InterestRate
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Use the chart to create the list operation element.
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To calculate the price of a product based on loan term, create a List Container. Then add List Operation, Formula Based Pricing, and Price Adjustment Matrix elements to the list
container.
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Use the chart to create the list operation element.
Field Value Filter Condition Requirements All Conditions Are Met (AND) Resource AttributeName Operator Equals Value LoanTermConstant -
Use the chart to create the formula-based pricing element.
Field Value Calculation Formula VALUE (AttributeValue) Output Variable AttributeValueAsNumber -
Use the chart to create the price adjustment matrix element.
Field Value Lookup Table Details TermBasedAdjustmentDT Product ProductId Term AttributeValueAsNumber Adjustment Type Field Constant_AdjustmentType_TermBasedAdjustmentDT_PAM Adjustment Value Field Constant_AdjustmentValue_TermBasedAdjustmentDT_PAM Quantity Select a quantity. Net Unit Price AFPPInterestRate Subtotal AFPPInterestRate
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Use the chart to create the list operation element.
- Save and activate the pricing procedure.
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