Pricefx Classic UI is no longer supported. It has been replaced by Pricefx Unity UI.

 

Common Abbreviations

When working with the Pricefx software or project teams, you may come across the following abbreviations and acronyms. 

Abbreviation

Meaning

Category

ACV

Annual Contract Value

Project lifecycle

AE

Account Executive

Project lifecycle

AI

Artificial Intelligence

Pricing Industry

AMAS

Adaptive Multi-Agent System

Pricefx modules and features

BAFO

Best & final offer

Pricing Industry

BOM

Bill of Materials

Pricing Industry

BR

Business role

Pricefx modules and features

C

Customer / Customer master

Pricefx modules and features

CAIQ

Consensus Assessment Initiative Questionnaire

Pricefx modules and features

CE

Configuration Engineer

Project lifecycle

CF

Calculation flow

Pricefx modules and features

CFS

Calculated Field Set

Pricefx modules and features

CL

Calculation logic

Pricefx modules and features

CPQ

Configure-Price-Quote (price lists)

Pricing Industry

CR

Change Request

Project lifecycle

CSA

Cloud Security Alliance

Pricefx modules and features

CTT

Condition Type (formerly called Contract Term Type)

Pricefx modules and features

CX

Customer Extensions

Pricefx modules and features

DCR

Data Change Request

Pricefx modules and features

DF

Data Feed

Pricefx modules and features

DL

Data Load

Pricefx modules and features

DM

Datamart

Pricefx modules and features

DS

Data Source

Pricefx modules and features

EAN

European Article Number is a barcode standard, a 12- or 13-digit product identification code. Each EAN uniquely identifies the product, manufacturer and its attributes.

Pricing Industry

EBITDA margin

Earnings before interest, tax, depreciation and amortization

Pricing Industry

EH

Enhancement Request (previously Change Request)

Project lifecycle

ERP

Enterprise resource planning (in stock system)

Pricing Industry

ETL

Extract, transform, load – three database functions that are combined into one tool to pull data out of one database and place it into another database. Extract is the process of reading data from a database.

Pricing Industry

IE

Integration Engineer

Project lifecycle

ITIL

IT Infrastructure Library

Project lifecycle

LCE

Lead Configuration Engineer

Project lifecycle

LPG

Live Price Grid

Pricefx modules and features

MPG

Material Pricing Group (way of grouping materials to which you want to apply the same conditions)

Pricefx modules and features

MPL

Manual Price List

Pricefx modules and features

MRO

Maitenance, Repair, Operations

Project lifecycle

OEM

Original Equipment Manufacturers

Pricing Industry

P

Product / Product master

Pricefx modules and features

PA

Analytics (formerly called PriceAnalyzer)

Pricefx modules and features

PaaS

Platform-as-a-Service (infrastructure)

Pricing Industry

PAB

Platform Advisory Board

Pricefx modules and features

PAR

Price Approval Request

Pricing Industry

PB

Price Setting (formerly called PriceBuilder)

Pricefx modules and features

PL

Price List

Pricefx modules and features

PM

Agreements & Promotions (formerly called PromotionManager)

Pricefx modules and features

POC

Proof of Concept

Project lifecycle

PP

Company Parameter (formerly called Price Parameter)

Pricefx modules and features

PR

Price Record

Pricefx modules and features

PraaS

Pricing-as-a-Service

Project lifecycle

PREF

Preferences

Pricefx modules and features

PS

Quoting (formerly called QuoteConfigurator and Price Shop)

Pricefx modules and features

PUG

Product User Group

Pricefx modules and features

PX

Product Extensions

Pricefx modules and features

Q

Quote

Pricefx modules and features

QA

Quality Assurance

Project lifecycle

QC

Quoting (formerly called QuoteConfigurator)

Pricefx modules and features

QMS

Quality Management System

Pricing Industry

RBT

Rebate Type

Pricefx modules and features

RM

Rebates (formerly called RebateManager)

Pricefx modules and features

RRP

Recommended Retail Price

Pricing Industry

SA

Solution Architect

Project lifecycle

SaaS

Software-as-a-Service

Pricing Industry

SD

Solution Delivery

Project lifecycle

SIM

Pfx Particion for pricing simulations

Project lifecycle

SKU

Stock Keeping Unit is a product and service identification code for a store or product, often portrayed as a machine-readable bar code that helps track the item for inventory. A stock keeping unit (SKU) does not need to be assigned to physical products in inventory.

Pricing Industry

SOC1

System and Organization Control Report

Project lifecycle

SoW

Statement of Work

Project lifecycle

SPA

Sales & Purchase Agreement

Pricing Industry

Spot Quote, Spot Price

Includes rate for shipment that needs to be expedited immediately or urgently

Pricing Industry

TCO

Total Cost of Ownership (direct & indirect cost of a product segmentation)

Pricing Industry

TtV

Time to Value

Project lifecycle

UAT

User Acceptance Testing

Pricing Industry

UG

User group

Pricefx modules and features

WF

Workflow

Pricefx modules and features

WIP

Work in Progress

Pricing Industry

YTD

Year-to-date is a period, starting from the beginning of the current year (either the calendar year or fiscal year) and continuing up to the present day.

Pricing Industry

If you are a configuration engineer, you might be interested in the full list of Type Codes.

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