Price Uplift on Renewal allows Sales Reps to specify a pre-determined fixed or maximum percentage by which prices will increase at Renewal.

Setting the Price Uplift Upon Renewal

The Price Uplift on Renewal can be set by clicking "Configure" in the Quote Header, next to Renewal Uplift, or clicking "Configure" on and individual offering.

Quote Header

When a user clicks to "Configure" the Renewal Uplift on the Quote Header, a side drawer opens where the user can:

• Enter a single Uplift Percentage (Fixed or Maximum) which is then applied to all eligible products on the Quote OR
• Select "Apply individual uplifts per product" and enter uplifts for some or all products on the quote.

Individual Offering

When a user clicks to "Configure" on an individual Quote Offering, a side drawer opens where the user can manually input a renewal uplift percent or max percent that Offering, or specific Subscription or Usage products within the Subscription Offering.

Quote Header Display

If any products on a quote, have a renewal price up left percent entered,

• If all products share the same uplift %, the header shows that value.
• If values vary across products, the header shows "Varies."
• If some products have an uplift set and others don't, it shows "X% (partial)" to indicate incomplete coverage.

Example: Some quote items have a 5% renewal uplift configured, all other eligible quote items do not have any uplift configured.

Inclusion on Quote document

Price Uplift on Renewal values are included in the Quote document signed by customers to ensure customers are not surprised at renewal. This is especially critical in the case of auto-renewals as the Contract renews without explicit acceptance of another Quote.

Application to Renewal Quotes

On Renewal Quotes, prices of products are updated by taking the prior price per unit and adding the price uplift percentage. The same behavior is followed whether fixed or maximum percentage is specified as the price uplift on renewal method for that product.

Additionally, the price uplift on renewal percentages are carried forward to the Renewal Quote.

For example, if a New Quote had 1 product on it for $100 with a price uplift on renewal of 5% fixed, the Renewal Quote would update the price per unit to $105 and retain the fixed 5% price uplift on renewal value.