Accelerate’s ratebook building function allows your business to quickly and efficiently provide bulk pricing for internal or third party use.
In order to build a ratebook, there are three core objects that need to be configured:
Calculation Default/s - these define the finance parameters used (but not the initial payment multiples, terms, annual mileages, pause types or frequencies)
Vehicle Group/s - these define a selection of the vehicle database, filtered by various parameters
Ratebook Template/s - these pull together one calculation default, one vehicle group and a set of profiles (initial payments, terms, annual mileages, pause types and frequencies) as well as controlling when the ratebooks will be built, and to whom they will be sent. You can create an unlimited number of ratebook templates.
Accelerate ratebooks are calculated using monthly, rather than daily compounded interest.
Ratebooks will take terms into account when establishing the cost of vehicles.
Creating a Ratebook Template
To create a ratebook template, click on the Ratebooks item on the left hand menu, then click Add Ratebook Template. The following fields can then be completed:
Name | Description | Required |
Description | The name you want to give to the Ratebook Template. | Y |
Relationship | If the ratebooks from this ratebook template are to be associated with a specific relationship, define it here. | N |
Car/LCV Group | A single vehicle group that will be the source for the ratebooks generated by this template. | Y |
Calculation Default | The calculation default that will be used for the ratebooks generated by this template. | Y |
Auto Build Day | The day of the month from 1 to 28 when the ratebooks will be automatically built and sent to recipients by Accelerate. | N |
Recipients | The email addresses of those you want to send the ratebooks to upon generation, separated by commas. | Y |
Once the above fields are completed, and you have saved your ratebook template, there are two more tasks to complete:
Selecting Profiles
Click Edit Profiles to set the combinations of initial payments, terms, annual mileages, pause types and frequencies for the ratebooks generated by this template. The more profiles you have in your ratebook template, the longer it will take to generate, and the larger the resulting file.
Testing
To ensure all is well, click the Test button in the top right of the screen, which will build a ratebook from your template and email it to all the recipients.
Once you are happy with your ratebook templates, ensure you have set the auto build day as required and then save. On the day selected, the ratebook will be generated as per your template and sent to the specified recipients.