If price changes were not set to be automatically uploaded in the pricing policy, Servigistics posts the price changes resulting from the pricing policy as price records that appear on the Price Actions page.

The Price Actions page makes it easy for a user to execute his/her personal part of the price approval process. On this page, the user can view the price records that are waiting specifically for him/her to review and approve or reject them. The ability to have up to 20 approval levels provides flexibility to the process.

During the price approval process, the Price Actions page provides a detailed view of the price records waiting for approval, making it easy for the user to analyze and work with the records before they are approved.

Some base setup is required for price approval. Price approval roles, ruleset folders, pricing business rules, and price approval workflows - all need to be set up before price approval work can begin.

Step 1: Set up ruleset folders, then assign ruleset folders to users (optional)

Ruleset folders contain pricing business rules which can be used in the price approval process. Once established, the ruleset folders need to be assigned to users who will create business rules in that folder.

Note that this step is optional because a price approval workflow is not required to have pricing business rules assigned to it.

Step 2: Set up pricing business rules (optional)

A pricing business rule can be used to ensure that certain business objectives are satisfied during the price approval process. When rules are not satisfied, they can create warning or blockings for price action records.

Note that this step is optional because a price approval workflow is not required to have pricing business rules assigned to it.

Step 3: Set up price approval roles, then assign price approval roles to users

Price approval roles must be established and then a price approval role must be assigned to a user for the user to be able to perform price approval.

Step 4: Set up and order price approval workflows

Price approval workflows are used to drive price approval execution. Price approval workflows should be ordered (or sequenced) on the Price Approval Workflows page in case the same SKU is assigned to multiple workflows.

Step 5: Approve and upload prices to the price book using the price approval process at the aggregate level or price approval process at the SKU level

As price records are approved they are moved up one level in the price approval workflow. (Only those records which are locked and are not on hold and do not have any blockings associated with them will be approved and moved to the next level.) When records are approved up to the top level of the workflow, they are ready to be uploaded.