Tip Tuesday - How Does CPQ Pricing Engine Calculate Price?

Pricing Engine is CPQ’s strategic solution for managing all pricing requirements in the Price Execution space of CPQ. Understanding how CPQ's Pricing Engine computes prices is important.

When a sales user is editing a quote or configuration at ‘run-time’, Pricing Engine reprices the products involved whenever any of the following triggering actions occur:

*As of Oracle CPQ Release 24B

• In Configuration

Add to Transaction (in transition to Commerce)

Update Actions

Price Book updates

• In Commerce/ Quoting

Configure Inbound/Commerce Invocation - Quick Add, Add From Part Search and Add From Catalog

Add to Transaction Actions: Add from Part Search, from Favorite