Pricing Strategy Price Adjustments

Welcome to our price strategies video series. We are taking you on a virtual journey. You will learn ways to save money, time, and headaches when it comes to managing your pricing strategies.

Our first video was all about rebates, our second video was about dynamic pricing, the third was data-driven pricing, and next up is price adjustments.

What do you think of when you hear price adjustments? How about commissions, royalties, restocking fees, promotions, and discounts.  Yes, I could go on and on.

So, you want to adjust the price? Let’s break some of them down for you.

Treat your sales team and vendors like royalty

Because if you do, they will keep coming back. The sales team deserves a commission for all their hard work, and without that vendor, your customers wouldn’t get that specific item.

But now it’s payout time, and it can be a challenge to manage and keep track of who you owe and what amount.

Having a defined strategy will help you with performance, recruitment, engagement, and retention.

We all love a good discount or promotion

Discounts can take the form of a fixed value, percentage, or discounts on products, collections, or variants in their stores. Importantly, discounts give you control over pricing and promotion. They can be used in a variety of ways:

  • Feeling of exclusivity
  • Launching a new product
  • Buy 1 Get 1
  • Limited time offers
  • Sales promotions
  • End of year discount
  • Seasonal pricing
  • Quantity discounts

Whatever discount you are giving it should have a strategy, it should be easy to implement and track, and it should help drive sales.

What Should Be My Pricing Strategy?

‍Ben Franklin once said, “Failing to plan is planning to fail.”

Many manufacturers, distributors, wholesalers, and eCommerce businesses look at their competitors to find similar products to their own. They then pick a price that makes sense, perhaps blindly making guesses based on where their product is at right now.

Yes, you should analyze your competition to know how to position your pricing strategy. But picking your price based on your competitors is not always the right price.

When you don’t have a system in place, it’s too easy to change direction with no true rhyme or reason. Ask yourself these 5 questions:

  1. What will generate more sales? Ending the price of your product in a “0,” “97,” “98,” or “99”?
  2. What is the best goal for your product? Revenue, market share, total profit, profit margin, customer lifetime value, average revenue per unit, or something else? And should that goal change during its life cycle?
  3. How will you react to the competition’s behavior? How might your competitors react to your product, and why? If you match a competitor’s price, how will it impact revenue and profit? What types of promotions will you never resort to doing?
  4. Should you price low for market share, or high for premium branding?
  5. What should be the central strategy for your product? And will the central strategy change if you offer different pricing tiers?

It’s time to Automate

Everyone is using price calculations in some way, shape, or form. You should have a solution that handles all of them.

Rockton Pricing Management can handle most any calculation you need and you can hit a specific GL Account for each one.

Need multiple discounts or fees for one line item, no problem. Charge that restocking fee and give the vendor rebate all at the same time.

With Rockton Pricing Management (RPM) you simply establish any pricing scenario one time and RPM does all the calculations and hard work behind the scenes. Automatically!

Conclusion

Price calculations are a must for any business. Figuring out a pricing strategy does take time. Do the research, test some scenarios, and make sure it is going to be just as cost-effective for you as it will be for the vendor or customer.

There is no one size fits all scenario. Floor distributors use rebates for their vendors, waste management companies offer discounts, electronics have restocking fees, and don’t forget about product licensing fees and royalties.

Once you’ve chosen your pricing strategy, the next step is to pick a pricing model based on your product or service.

Neither your pricing strategy nor pricing model is set in stone, and as your product shifts, your pricing model can change, and likewise if your market positioning changes, so can your pricing strategy.

GP Optimizer Live Virtual Event

Solve Todays’ Challenges with GP Add-Ons

You know the GP Optimizer online magazine as the place to go for the most current articles about GP Add-On products. On Tuesday, July 28th and Thursday, July 30th, the Optimizer will gather an expert crew of ISVs for two full days of online, real-time, interactive education. We’ll journey through a variety of available solutions that can help you solve today’s challenges and earn CPE credits too!

We’ve all been impacted by the COVID crisis, and common themes are emerging for businesses. Many of you are in unfamiliar territory and the waters may be a little rough. Our presenters have paired up to address emerging challenges and explore best practices so you can chart a way forward – we want you to succeed and thrive!

What are we hearing from the field?

  • You need cloud-based solutions and automation more than ever – and the means to secure your data.
  • New regulations and compliance mandates must be navigated.
  • You want streamlined operational efficiencies on all fronts – from internal workflows to cash flow, AP to payroll, supply chain to inventory management.

The GP Optimizer Live event has a little something for everyone –

Day 1 we will cover:

  1. How do you stay compliant with COVID-19 FFCRA and CARES Act Legislation?
  2. Get some practical tips from Integrity Data and Greenshades Software.
  3. Need more strategic inventory management? Panatrack and NETSTOCK get real about how to drive more profit from your warehouse, even while experiencing supply chain disruptions.
  4. What does it take to get your GP in the cloud? Join ICAN Software for a look at Mass Apply Documents automation; and PowerGP Online clears confusions from the cloud.
  5. Are you a distributor struggling with pricing issues? Rockton Software will dive into rebates, royalties, data-driven pricing, and units of measure conversion.

Day 2 we will cover:

  1. How can you streamline your accounting and sales tax strategies? Nolan Business Solutions and Avalara will show you how to master your digital transformation.
  2. Are changes in the supply chain costing you big? Blue Moon Industries and Horizons International discuss creating efficiencies in a changing world.
  3. Want a paperless AP process to enhance your remote work capabilities? Metafile and Mekorma team up to show you an end-to-end automation solution, from invoice capture to approving and sending payments.
  4. What’s easy about budgeting and project time tracking? Dynamics Budgets and Journyx can show you.

And that’s not all…

Two additional guest presentations will inspire and help you look towards the future:

Bob McAdam (VP / GM Dynamics Communities) will speak on Day 1 – get the scoop on Summit, upcoming Local User Groups and other ways to connect with the GP community.

On Day 2, Abra Gilman (Dynamics GP Practice Lead / Collins Computing) and Mariano Gomez (Microsoft MVP / Dir. of Technology at Mekorma) will discuss “Why GP is a Power Player.” You’ll get a sneak peek of coming GP enhancements, plus an exciting exploration of how the Power Platform suite can add automation and intelligence to native GP functionality.

Additionally, we’ll end both days with a virtual Expo where you can speak with the presenters, get your questions answered – and maybe win a prize or two.

Find the full schedule, session descriptions, and registration for Tuesday, July 28th here.

Find the full schedule, session descriptions, and registration for Thursday, July 30th here.

If you can’t attend in-person, the recordings will be made available. But we do hope to see you then – we’re all in this together!

Date Driven Pricing Strategy

Welcome to our price strategies video series. In this series, we are going to take you on a virtual journey and show you the ways to save money, time, and headaches when it comes to managing your pricing strategies.

Our first video was all about rebates, next we talked about dynamic pricing, and now we are going to dive into date-driven pricing.

How often do you change your prices? It is annually, bi-annually, or monthly? Do you have date-driven promos? This pricing strategy is most likely a part of your business because it is inevitable that pricing needs to be updated at some point.

 

Importance of Date-Driven Pricing

You have new pricing and it is time to update your ERP, so what do you do?????

  • Maybe it is a time consuming, manual process of uploading spreadsheets and countless hours of updating the old pricing to the new pricing.
  • Maybe you have hundreds of customers and hundreds of items and when there is new pricing or you want to do a 30-day promotion there is just no easy way to tell the system of those changes.
  • Maybe your IT staff has to be up late the night of the 31st updating the system with the latest pricing changes so the next day it is ready to go.

It is important to have date-driven pricing to keep with up with the changes in your industry, with certain products or customers, and in making a profit.

No pricing changes could lead to no momentum, no growth, and no profit.

Why it is hard in an ERP

Most ERP systems are not always designed to handle your pricing changes based on date.

In typical ERPs, you can at least create price levels and assign them to customers, so they get the needed pricing. When you enter transactions, the price level will usually default and pull the price for them. They can always change it, but it is just a simple way to pull in the price.

Date-driven pricing might be an option in other ERPs but there are limitations such as:

Maybe you want to offer a specific customer a special price on a group of items for a set amount of time per contract.

OR

When it comes to special sales – such as a holiday promotion that may only last a day or two, a monthly flash sale or even just putting in your next year’s prices in advance.

Many pricing strategies can be a manual, time-consuming process.

Date-Driven Pricing Simplified

What if you never had to worry about pricing by date again? You can even set it up days in advance or months or even years in advance. Rockton Pricing Management (RPM) does all the work in the background (just tell it the date range) and it will pull in the correct price based on that date. This also takes the guesswork out of data entry knowing that you are not providing sale prices once a promotion or sale has expired. RPM will automatically turn off the price once it hits the expiration date.

RPM is the engine and does all the calculations and hard work behind the scenes. Automatically!

Whether you have Dynamics GP, Business Central, or Acumatica; RPM has you covered.

Conclusion

Date driven pricing is a non-negotiable for any business. It just ends up being a question of whether you want to do it manually or have it automated.

Good price management and strategies can promote your distribution business to the next level. If you are ready to price in a strategic way it is important to have a system in place to handle all types of pricing scenarios.

Lastly, you probably keep a close eye on the competition and adjust your prices accordingly. But whatever changes you want to make, RPM is there for you.

Pricing Strategies Dynamic Pricing

Welcome to our price strategies video series. We are taking you on a virtual journey. You will learn ways to save money, time, and headaches when it comes to managing your pricing strategies.

Our first video was all about rebates, now we are going to walk through our second topic, Dynamic Pricing.

Dynamic pricing models vary in complexity, from simple, rules-based pricing updated periodically to sophisticated, real-time models. It can be based on certain customers, certain quantities, or whether the shirt is green or blue. The possibilities are endless.

Yes, we are opening that can of worms. So, why have Dynamic Pricing? What is its purpose? Should you incorporate it into your pricing strategy? Let’s dive into those questions and more.

Importance of Dynamic Pricing

Dynamic pricing is a strategy that involves setting flexible prices for goods or services based on real-time demand. With COVID-19 and the influx of supply and demand, this strategy is now more important than ever.

Dynamic pricing leads to growth in sales and can also generate profitable revenue. It is a real-time pricing technique that helps in setting a flexible cost of the product or service you offer. The importance of dynamic pricing is that it allows for a real-time change in what you offer or sell based on certain criteria.

Advantages and Disadvantages

Dynamic pricing can be time-consuming, but it also can be beneficial and successful if implemented correctly.

Advantages include:

  • Increased sales
  • Keeps you competitive
  • Learn more about your customers
  • Better inventory management
  • Allows pricing to reflect demand

Disadvantages include:

  • Customers are not a fan of it
  • Loss of sales if not implemented properly
  • Not applicable everywhere – works better in certain fields and industries than the others

Why Dynamic Pricing

Because static pricing isn’t a strategy. Using the mix of Cost Plus % based on customer loyalty can return a much higher margin than simply a static Cost Plus price on an item.

Consider charging those excellent customers a little less of a markup percentage on their top items, and then raise the markup on lesser purchased items. This option isn’t possible with a static Cost Plus pricing methodology, but you can easily see how those dollars quickly add up to profits. Using a dynamic pricing strategy can give you greater control over the overall margin you receive across your entire product line and customer base.

It is also important because it determines how much profit you will make. Your challenge is setting the right price for your products and ensuring that your pricing strategy doesn’t turn customers away.

Dynamic Pricing Simplified

What if you never had to worry about which Price Level you should use on a transaction? With Rockton Pricing Management (RPM) you simply establish any pricing scenario one time and RPM does all the calculations and hard work behind the scenes. Automatically!

Conclusion

Dynamic pricing is an essential strategy and can be successful. The main takeaway is dynamic pricing works well only if implemented properly.

If you are feeling left behind don’t worry. The good news is that few companies have truly gotten it right so far. Research shows that only 18% of B2B company’s price dynamically.

Now is the time to take charge and put a strategy in place, if it makes sense for your industry. Pricing is a discipline that continues to improve over time; therefore, getting there first can deliver significant and sustained benefits over the competition. Given the tangible nature of the payoff, wasted time is wasted profit. The payback can be immediate and ongoing, assuming you have a plan, strategy, and can execute it quickly and effectively.

Dynamics GP Virtual Learning

9 Hours, 9 ISVs, for all GP Users

I get it, there are a lot of virtual user groups, events, and webinars lately. With everyone going virtual, everything going virtual, this is pretty much the new norm now.

Our historic mindset around these events is that we drive or board a plane, bring our business cards, and prepare ourselves for a week of keynote speakers, breakout sessions, and networking events that enable us to get the scoop on everything Dynamics GP. This includes the infamous expo hall and all of the ISV solutions out there to help make your work simpler and easier.

While it does remain uncertain on where things are heading over the next few months, we wanted to take you on a virtual journey with 9 different ISVS. You get 9 hours of free content.

Introducing the first-ever Dynamics GP ISV Virtual Round up. This is a round-up of seasoned ISVs with years of experience in the channel. Check out the breadth of these topics below.

Day 1 Topics

  1. GP Power Tools by David Musgrave
  2. Coping with COVID- 19 Legislation in GP and Payroll by Integrity Data
  3. Secure Payment Processing and AR Automation by Nodus

Day 2 Topics

  1. How eOne fits into your Dynamics GP integration strategy by eOne
  2. Security, Auditing, Compliance and More! by Rockton Software
  3. Make it easy: centralize and automate your payment process in Dynamics GP by Mekorma
  4. Metrics Matter: Transforming Your AP Department by Measuring These Key KPIs by Metafile
  5. Extending the Power of GP by Encore Business Solutions
  6. Hackers, Phishers, and Remote Workers – Oh my! It’s not just about going to the Cloud anymore by PowerGP Online

We know in-person events are so important and we can’t wait to be a part of that again. We hope to deliver amazing content that will help inspire and educate. We hope to provide value and show you innovative ways to make your GP user experience be more streamlined. You are the reason we’ve created these products. You are the backbone of this community. We could not do any of this without you.

So, we just want to say Thank You! All on-demand recordings and materials are available here so you can watch them at any time.

Rockton Travel Announcement

COVID-19 Update

To our software community,

We live in a much different world today than we did two months ago, with our professional and personal lives being disrupted in numerous ways, both large and small. At times it feels that some parts of our lives are perpetually on hold and, with this type of uncertainty, it can be difficult to plan what to do next.

At Rockton Software, we are taking decisive action on what we can control while continuing to celebrate our larger Dynamics channel family. Today, we are announcing that Rockton has canceled all business travel to events with over 30 participants for the remainder of 2020. We will take smaller events with less than 30 participants into consideration on a case-by-case basis.

The health and safety of our team are non-negotiable. We strongly believe that attending a public event before a permanent vaccine is found would put our team, partners, and customers at unnecessary risk. As a business owner, I cannot in good conscience ask anyone on my team to travel, knowing that everyone has different levels of risk and are taking unique precautions. Making the sacrifice to travel for work adds unneeded stress, especially when you have family members that may be immunocompromised, which includes members of my own family as well as others on our team. Instead of leaving everyone in a space of ambiguity, we’ve decided to put some clear parameters around business travel.

In an effort to continue supporting our technology community, we have tasked our talented and creative team to find new and effective ways to connect, engage, and celebrate innovation. We have already paved the way with the GP Optimizer magazine coming to life and other virtual events, in addition to collaborative webinars with others in our channel. Are they different? Yes. Are they working? Yes. We believe that these actions taken together will support the long-term health of our business while protecting our team and external partners.

We look forward to a day where we can see your smiling faces to discuss business solutions and advanced networking opportunities. In the meantime, I hope that you will join me in taking a stand against business travel for a defined period of time while we work to regain control of our future and focus again on making our business world work simpler & easier®.

Sincerely,

Mark Rockwell

President

Inactivity Timeout Tool Saves Time and Money with a Remote Workforce

Inactivity Timeout Tool Saves Time and Money with a Remote Workforce

Is your team struggling to remember to log out of GP when they are logged in from home? Are you greeted to a Maximum Number of Users has been Reached message when you try to log into your Dynamics GP system?  Do you often have to run a routine to kick people out so users who need to be in the system can get in?

Most users and GP Admins respond with a resounding “YES”!

We have good news; you can put your users in Time Out. Well, maybe not good news for them. The Inactivity Timeout tool works exactly likes it sounds. You can automatically log users out of the system if they are inactive for a pre-defined amount of time and remove those inactive users with ease.

Here are a few ways this tool can help you and your team:

Enable Users to log into Microsoft Dynamics GP

  • Using the Inactivity Timeout tool can help when there is a need to lower your Dynamics GP FULL User Type count or the count has already been lowered.
  • The enabling and easy setup of the tool will aid in logging Users out of the system who are no longer active in Dynamics GP and allow for other Users to log into Dynamics GP.

Graceful logouts

You no longer need to reach out to your IT department to delete a User who has left for the day by removing their record in the ACTIVITY table.

Inactivity Timeout logs a User out of the system the same way it would if you were to choose Microsoft Dynamics GP | Exit or the Microsoft Dynamics GP Close button. It’s a complete log out of GP and the ACTIVITY table.

No need to worry about Active sessions being logged out.

The Inactivity Timeout tool is smart! If you are actively working in the system, even if a process takes a long time, you will NOT be logged out if you are posting a batch or waiting for a report to generate. It also knows if you are midway through entering a transaction and need to complete it. Dynamics GP will provide a message asking the user if they want to save their changes but will NOT log them out. We don’t assume what you want to do with your work in those cases, so there is no risk of stuck data.

Flexibility with User Groups

User Groups can be created and then added to the Inactivity Timeout tool to specify the following:

  1. If the User Group should be included or excluded from the tool. For example, an ADMIN group could be created for Users like ‘sa’ and then marked as excluded from the Inactivity Timeout tool. Then the rules never apply to that user and they are never automatically logged out.
  2. The number of minutes inactive before gracefully logging the users specified in the User Group will be logged out of the system.
  3. This is helpful with light users who may only access the system for a brief period of time each day – you can set this timer for 5 minutes, so those licenses are rarely tied up.
  4. Schedule when the Inactivity Timeout is active or inactive for the User Group.
  5. Specify the default minutes inactive before timing out for all Users not specified in a User Group. This is a great catch-all if you don’t want to put all your users into specific groups right away!

Check out this quick video to see this tool in action.

Inactivity Timeout Tool Saves Time and Money with a Remote Workforce

This just one of the 27 tools in our Dynamics GP Toolbox. It is one of our most popular Dynamics GP add-ons, is packed with a ton of functionality designed to save you time, money, and frustration all while improving your Dynamics GP user experience.

Next Steps:

You can always email us as well with any questions or concerns at sales@rocktonsoftware.com.

Pricing Strategies - Rebates

Welcome to our price strategies video series. In this series, we are going to take you on a virtual journey and show you the ways to save money, time, and headaches when it comes to managing your pricing strategies.

So, let’s get started!

Wouldn’t you love to keep your customers happy?  I hope you are answering with a resounding YES!

Rebates are a great incentive program, but they come with a ton of processes and headaches to manage and keep track of. One thing holds true, you need to make sure you are not overpaying or underpaying.

You need a strategy, not just offer them because “that is what everyone else is doing”.

Top points to consider:

  1. Rebates are part of the industry. You need to know how your competitors use them. You need to have concrete reasons as to why or why not you should offer them.
  2. Programs and rebates need to be well thought out. You need to have a plan, a strategy, and a process to track, report on, and incentivize not only your customers but your sales staff too.
  3. Rebates should not be based entirely on growth. Eventually, every distributor has a flat year. If the rebates are heavily skewed in the growth direction it could take revenue away from your channel when they need it most for driving sales forward.
  4. The best rebate programs are built around distributor behavior. If you want to displace niche competitors on the distributor’s shelf, link the rebate to being the only product line on their website. Want better visibility in their showroom, base the rebate on being the only product line displayed. We could list a dozen more points like this but, you get the picture.

Rebates Simplified

With Rockton Pricing Management (RPM) we take the guess work out of the who, what, and when your customers get paid.

  • Rebates are easy adjustments to setup in Rockton Pricing Management
  • Rebates can be done as percentages or amounts
  • Rebates can be setup to accrue in any GL account you designate
  • Rebates can be driven by item, customer, date and location specific using a variety of filters

You can break out unlimited adjustments to a single line item on an order, so it doesn’t just have to be a rebate calculation. In the example below, the item is being sold with a rebate, a customer incentive and a sales commission with each adjustment going to a separate GL account.

Rebate Calculation

Conclusion

Rebates are just one of the many pricing strategies that can be cumbersome and time-consuming but also beneficial and successful if the right tools are in place to manage them.

Whether you have Dynamics GP, Business Central, or Acumatica; RPM has you covered. There is a way to manage rebate programs effectively so you can ditch those spreadsheets and manual processes.

Because who doesn’t want to spend less time worrying about losing money on rebates and more time actually getting things done?

Project Cost New Features

Project Cost is the most fully and tightly integrated project module for Microsoft Dynamics GP, with GP requisition integration, and cash receipts processing. And we are only making it better.

What’s NEW in Project Cost??????

We have a few features you should know about to help streamline processes, gain greater visibility into projects, and track requisition workflows.

Track those Cash Receipts

  • You can tag cash receipts to any project or task
  • Track them in your inquiry window
  • See cash receipts that have been received for a project
  • Track multiple funding sources and tag to a single project

How to track:

  1. Turn on enable cash receipts processing in the set-up window.
  2. Put in a sales transaction, tag it to a customer and project and task, when a customer sends in payment they will indicate the invoice they are paying, so you can create a receipt and apply.  Since the sales transaction was already tagged to a project and task you can pull down the information to see where the cost and revenue were associated.
  3. You can then look at the project and task on the cash receipt.

Project Cost Cash Receipts

If you haven’t been doing this already, it is a good idea to inquire on your projects from the inquiry window to see the performance of your projects. You will have access to hyperlinks to drill down on more information such as details about the transaction link like PO commitments.

Greater visibility with Requisitions

  • Project Cost works with GP requisitions
  • Tag a project and a task for an expense

Turn on the GP workflow piece to take advantage of its full functionality.

YOU will gain greater visibility into the entire process and see when:

  • Requisitions convert to a PO
  • It is approved
  • Vendor receives PO
  • Goods are received

Purchase Requisition Entry Window

PO Requisition Entry Screen

Reporting at your fingertips

Project Cost has a new tool to make reporting work simpler and easier® in Dynamics GP and with your projects.

Two tips:

  • You can print reports from a single window
  • You need to be logged in as anyone but SA

With this reporting tool you can pull in:

  • From and to date
  • A particular project
  • Allocations
  • A particular budget

Profit and Loss

All reports can be exported to excel and emailed to anyone who needs it. It also comes with a collection of out of the box reports such as Chart of Accounts.

If you are a government contractor, print out a 1034 report quickly and easily and in the correct format.

Even non-GP users can access reports, you can set up reports to be seen by everyone or certain users in the security options.

Check out this video to see it all in action!

Why Omni Price and SmartFill Make the Perfect Pair

There are just some things in life that are better together like chocolate and peanut butter, crackers and cheese, cinnamon and sugar. Ok, all this talk about food is making me hungry so let’s talk about solutions.

The ultimate Rockton Software power couple (drumroll please) is Omni Price and SmartFill. Individually, both products make work simpler and easier® in Dynamics GP, but together, they make a dynamic duo.

Here are 4 ways Omni Price and SmartFill proves to be the perfect pair.

1) SmartFill in the Price Check window – Inquiry | Omni Price | Price Check:

We could all use a trusty sidekick at times. Just like Batman needed Robin to give him a hand in sticky situations, the same is true for Omni Price and SmartFill. 

Let’s say a customer calls in and needs a quote on one or more of your Items. You open the Price Check window and remember part of their Customer Name. You type in the part you remember in the Customer ID field and tab off. The Make a Selection window opens, and there you see and select which Customer is on the phone without having to ask them to repeat their name.

Crisis averted.

Let’s Dive Deeper

When doing price checks, SmartFill allows you to quickly do a search for the Customer. If it is the Customer Name, City, Phone Number, User Defined field, etc. that you know, you can enter that value into the Customer Number field in the Price Check window, tab off, and the Make a Selection window will open with the Customers that contain that value. Note: You can add SmartFill to the fields that contain a lookup.

Here is how it looks from the Price Check window when you enter FIT for the Customer ID and tab off the field to open the Make a Selection :

2) SmartFill in the Sales Transaction Entry window – Transactions | Sales | Sales Transaction Entry: 

You are entering the Sales Transaction and are about to add an Item Number. With SmartFill, now you can type in part of the Item Number, Item Description, etc., tab off the Item Number field, and the Make a Selection window opens with not only the Item Number but also the Quantity Available at each Site ID.

Here is an article to show you how to set up this view since it does not come natively in SmartFill.

Look at how much easier it is to find the Item Number with SmartFill in the Make a Selection window compared with Dynamics GP in the Items :

3) SmartFill in the Pricing Transaction Inquiry window – Inquiry | Omni Price | Pricing:

Some of the most famous couples have blossomed from non-traditional situations. Take Romeo and Juliet for example, against their families’ wishes they found love. Or perhaps, you are given options, just like everyone’s favorite reality show: The Bachelor. How does this apply to Omni Price and SmartFill you ask? Let me show you:

You need to view some of the Pricing Transactions. You open the Pricing Transaction Inquiry window and see that you have several options to choose from in the Selection Range. You know the Contract ID and/or Contract Description contains Mark so you enter that in the Contract ID From field and tab off the field. In the end, the Make a Selection window opens where you are then able to select which Contract ID you want to see the Pricing Transactions for, and offer up your final.

4) SmartFill in the Price List Maintenance window – Reports | Omni Price | Price Lists:

One of your customers calls and they would like to see a report with their special pricing. You can utilize the Price List Maintenance window in Omni Price to print out a report for your specific customer and item. There are several options available to select. In this example, you wanted to show the customer their Original Pricing, Special Pricing, and Contract ID for the Retail Price Level and for the Base Unit of Measure. Here are screenshots of the options selected and the report output:

If you have a lookup field where SmartFill is not currently enabled on it, SmartFill has an awesome Wizard that will help you. Click here to view a KB with an example of how to use it, including a how-to video.

We invite you to give this pair a try with our 30-Day Free Trial.

Editor’s Note: This post was originally published in July of 2016, but has since been updated to add more value and accuracy.

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