How do I set up workflows for pricing on Everspring?
Customize your pricing strategy on Everspring by setting up workflow preferences. This guide explains how to configure the default price multiple and rounding type to automate Recommended Retail Price (RRP) calculations.
Why Workflows Matter
Configuring workflows helps suppliers streamline their pricing process, maintain consistency, and adapt pricing to different business strategies—saving time while improving pricing accuracy across the board.
Step-by-Step Guide: Setting Up Workflow Settings
- Accessing Workflow Settings
Accessing Workflow Settings
Begin by logging in to your Everspring supplier account. Navigate to the account settings section, where you'll find the "Workflow Settings" option.
Setting the Default Price Multiple
Under "Workflow Settings," you can set the default price multiple. This factor is used to calculate the RRP for each product. You have the flexibility to adjust this multiple according to your pricing strategy. The default price multiple can range from 1.1 to 4.
- Selecting the Default Rounding Type
Selecting the Default Rounding Type
Alongside the price multiple, you can also select the default rounding type for the RRP. This step is crucial in ensuring the precision and consistency of your pricing. Everspring provides various rounding options, allowing you to choose the one that best aligns with your pricing preferences.