Service Portfolio Management service offering price
Service offerings inherit the pricing structure of the associated parent service. If the price model for each service offering in Service Portfolio Management is defined in the parent service as per unit, then each service offering must also have an associated price unit. The actual price for that unit is established in the service offering record.
You can review service offering information regularly as a part of Data Certification and workflow. For example, you can set up a certification to validate pricing for your service offerings.
Forecast service usage and cost for a fiscal period to plan your future business using the Showback functionality of Financial Management.
To set a service offering price, navigate to and select an offering for which a defined pricing structure exists. Enter the Price for the service price unit and update the record. You can also type an optional description in the Unit description field of the service offering record.
A Service Offering Cost unit is a unit of measurement of the service offering. For example, let's say your service is Microsoft Suite. The cost unit would be the number of users. It could also be the API calls. A cost model that's Per unit refers to the price per unit. In this case, it would be the price per Microsoft Suite user or API call. The Estimated Spend for the Per unit cost model is determined by the price per unit and units per period. A cost model that's Fixed refers to a predetermined and agreed-upon total cost. For example, you set a specific price for your Microsoft Suite service and stick to it. The cost unit is still the same (users or API calls), but the Estimated Spend is determined by the agreed-upon price.