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A Revenue Cloud User story states '' Sales Users shouldhave the ability to create newquotes with established rate cards and account specific discounts because currentcustomers are entitled to the pricing that was originally negotiated''.In addition to loadingdata to Accounts,contracts,Quotes what other object will need toabsorb legacy data?
Which Revenue Cloud Feature can` be customized to provide an aggregated view of thecurrent goods and services on a contract?
Some of the users at universal containers have faced long processing times during quote document generation. What can be done to reduce the processing times for document generation?
Universal Containers is beginning the process of SKU rationalization as part of their Revenue Cloud project. They have been advised that rationalizing their product catalog will reduce complexity and increase flexibility. Which three areas can they look to consolidate products?
A Revenue Cloud customer has posted an invoice and now wants to add on more items from another order associated to that account. Without using invoice batches, how can this be accomplished?
An invoice run with a target date of 6/1/20 has completed with no errors.an orderproductwith a next billing date of 6/1/20 did not generate an invoice line.which of the following ields might hold a value that would account for this?
What are three reasons why you would need an AppExchange Solution tosupportgenerating a Document in support of a Revenue Cloud Project?
Universal Containers has three product families - Hardware, Software and Services. Their Sales Reps want to be able to view the net totals of various product families at the quote level. In order to support this, the CPQ admin has created three price rules that use summary variables to add the net total for quote lines that belong to a particular product family and intend to populate the sums to custom fields on the quote record. From a performance standpoint, which of the following is true?
A Company that sells hardware and software has a project Requirement to migrate legacyInstall base into salesforce CPQ along with the contract. Which objects will need to be populated for this effort?
A Revenue Cloud user story states: 'Sales users should have the ability to create new quotes with established rate cards and account specific discounts because current customers are entitled to the pricing that was originally negotiated'. In addition to loading data to Accounts, Contracts, Quotes what other objects will need to absorb legacy data?

Question 4 - Certified Revenue Cloud Consultant Accredited Professional discussion

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Universal Containers is beginning the process of SKU rationalization as part of their Revenue Cloud project. They have been advised that rationalizing their product catalog will reduce complexity and increase flexibility. Which three areas can they look to consolidate products?

A.
Same products with different serial numbers
Answers
A.
Same products with different serial numbers
B.
Same product names with different attribute values
Answers
B.
Same product names with different attribute values
C.
Same product names with different bulk discount levels
Answers
C.
Same product names with different bulk discount levels
D.
Same product names commonly found in the same bundle
Answers
D.
Same product names commonly found in the same bundle
E.
Same product names with different Term length
Answers
E.
Same product names with different Term length
Suggested answer: B, D, E

Explanation:

SKU rationalization is a process that involves reviewing and trimming down the product variety to focus on the most profitable SKUs1.This process is crucial in managing SKU proliferation, which refers to the creation of multiple product records for various product combinations offered, even though they are the same product, merely sold under different scenarios2.

In the context of Salesforce Revenue Cloud, SKU rationalization can be achieved through the consolidation of products in the following areas:

B .Same product names with different attribute values: Products that are essentially the same but have different attribute values can be consolidated.This reduces the complexity of the product catalog and makes it easier to manage2.

D .Same product names commonly found in the same bundle: Products that are often sold together in the same bundle can be consolidated.This not only simplifies the product catalog but also makes it easier for customers to make purchases2.

E .Same product names with different Term length: Products that are the same but have different term lengths can be consolidated.This can simplify the product catalog and make it easier for customers to understand the products they are purchasing2.

https://www.simplus.com/sku-rationalization-strategy/

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asked 23/09/2024
Daniel Kuzmanovski
34 questions
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