Getting started with contracts


Contract prices give customers the best totalvalueinctax that is possible.  If there is more than one contract for the same customer and product that applies to one line.  The system will calculate the valueinctax that would result from applying each contract.  Then use whichever contract gives the customer the lowest totalvalueinctax for that line


Key Features

A contract specifies an agreed-upon price for the sale or provision of goods or services. If a contract exists between a supplier and a customer, the supplier is bound to offer the goods or services for the contract price, and the customer is bound to pay this price.

One contract can apply to many customers, products, or machines. This allows you to for example do things like :

  • have one contract to sets the sell price rules for all machines,
  • have gold, silver, and bronze contracts. Enabling you to use contracts as a selling aid. If customers meet particular sales levels. You can offer them the incentive of moving to another contract price level if they maintain or increase their sales level. Since there are only a few contracts, you can afford to document the benefits of the contract levels and give that information as a tool to your sales team.

Massively improve the maintainability of your contract price rules by grouping similar contracts together

Contracts allow for a very tight level of control. For example, contracts can apply for ranges of dates, groups of categories, only if a dollar value or quantity of products in selective categories is sold

With Readysell, the impacts of data such as contracts can always be measured. If you can measure the effects of contracts you can control contracts. You can trace the impacts of all contract price decisions directly back to the individual sales lines that were affected. Every sale and service line that is affected by a contract is linked to the contract version that was used at the time. If you change the contract a new version is created and linked to new sales. Together with Readysell's BI dashboards, analysis reports and key performance indicates. This allows you to monitor and dissect the results of contracts in any way you wish.

Please complete the contract prices training program before you start working with contract prices, see Contract Prices And Quantities Training Guide.

By default, Readysell calculates all contract prices and all bulk and other prices that apply to a sale line. It then gives the customer the result which minimizes the value of the line, the best option for the customer. There is a system reference that makes contracts override all other prices, if this is on then the contract will apply, even if it causes the sell price of the line to be higher than the price on the product file.

Starting with contracts 

The topics in this section provide you with information about how to use the Contracts functionality within Readysell. There is a lot to cover. So we have broken the information up into basic, intermediate and advanced topics.

Uploading contract prices to the web

  • On common issue with contract uploads is that some products on the contract have not uploaded. Contracts will not upload if the products for the contract have not uploaded. You should also be aware of: Uploading store products and prices to the web

Contracts quick reference

From the navigation panel, select Relationships. From the relationships navigation menu you can complete the following common actions :

Star RatingHow ToSkillVideo
*****Creating a new contract

Understand how to created contracts and use the various types of fixed prices, discounts and minimum quantities available from contract prices

*****Contract price types determine what your contract will do when it applies to a transaction

Each contract price line has a contract price type. The contract price type determines what happens when a contract applies to a transaction

*****Creating a contract for all customers and all products

Creating a contract for all customers and all products 

*****Creating a contract for a customer and a product category

Creating a contract for a customer and a product category

*****Creating a contract for a machine 

Creating a contract for a machine

*****Creating a contract for freight

Creating a contract for freight


 Importing products into a contract

Importing Products into a Contract

See Also: