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Price Tier Structure and Configuration
Overview
The pricing landscape encompasses diverse pricing structures across the industry. The GoSimple platform is designed to accommodate all standard pricing methodologies through a flexible, hierarchical pricing system.
Pricing Hierarchy
Our system supports multiple Price Tiers with configurable priority sequencing. When processing an order, the system evaluates Price Tiers according to client-specified priority (1st, 2nd, 3rd, etc.) and applies the first matching price found within the hierarchy.
Price Tier Functionality
Key Characteristics
Temporal Management: Price changes are tracked through versioned records, with each entry timestamped to indicate an effective date
Unit of Measure (UOM) Specification: Each price key includes both the price value and its corresponding UOM ________________________________________