In Rampur 13.0 we released Agreements Accelerator with the focus on formula-based pricing designed for process manufacturers. You can now create or renew agreements with formula pricing to reflect market developments.

Establish agreements with multi-annual terms with options to set frequency of price recalculation. Define calculation rules to adjust prices based on specific situations. Push resulting agreement price records for use within your IT landscape.

Enhancements for Rampur

These are new enhancements in the Rampur release:

• Create and manage a set of formulas to enable dynamic pricing of commodities and specialities.

• Available Visual design of Formula Types.

• Establish agreements with multi-annual terms with options to set frequency of price recalculation.

• Define calculation rules to adjust prices based on specific situations.

Advantages of Agreements Accelerator

The accelerator focuses on formula-based pricing, which is beneficial for process manufacturers as it allows for dynamic pricing of commodities and specialties. You can create and manage a set of formulas to enable dynamic pricing, making it easier to adjust prices based on specific situations.

The visual design of Formula Types, enhances user experience and makes it easier to understand and work with the formulas.

Establishing agreements with multi-annual terms, provides stability and predictability in pricing over a longer period. Setting the frequency of price recalculation, allows you to adjust prices as needed based on market changes or specific requirements.

Finally you can push resulting agreement price records for use within the IT landscape, such as CRM systems, ensuring seamless integration and data flow.

Agreements With Customer(s)

The accelerator allows users to define granular rules and assign formulas for price calculation, considering factors like market price developments and specific situations. By choosing products involved in the agreement and setting periodical calculation periods, you can ensure that pricing reflects current market conditions and adjust calculations as needed.

You can choose products involved in the Agreement and define granular rules to adjust resulting calculations for specific situations.

You can Assign Formula for price calculation consisting of Formula Type, Definition and Attributes.

Visual Design of Pricing Formula Types

Use Visual Configuration to design complex pricing Formula Types in an intuitive way and without coding.

Choose product attributes, other parameters and data lookups to suit your needs and create Formula in a drag & drop way as you can see in the screenshot above.

Set Definition and Attributes as part of Formula Details to refine the final price calculation based on your needs.

Utilize forecast data to simulate Formula impact across multiple scenarios on predefined KPI's such as Margin, Revenue and Volume. Activate your desired scenario directly from comparison dashboard to simply decide which Scenario to use for your Agreement, based on your needs.