A price list is the primary organisational unit for pricing in the PCM module. Rather than attaching prices directly to catalogue items, prices are grouped into named lists that can be typed, versioned, and assigned to specific customers. This indirection allows the same item to carry different prices in different contexts — retail vs. wholesale, domestic vs. international, promotional vs. standard.
Raytio's Pricing Model (PCM) module manages the complete pricing lifecycle within the platform. It defines how products and services are priced, how those prices are organised into lists, how pricing rules transform base prices, and how customer-specific pricing overrides are applied.
A quote is a pricing proposal made to a party. In QOM, quotes are structured as a three-level hierarchy: quote headers, quote versions, and quote lines. This design separates the commercial relationship (who the quote is for, shipping terms) from the pricing detail (which items, at what price) and allows multiple pricing revisions to coexist under a single quote.