PMS Ratchets

Available from 4.4.1

Ratcheting allows for an increase in penalties if subsequent failures occur. The Ratchet can be associated with either a Task or failed Task periods and can be run across one or more PMS Batches (consecutively or non consecutively).

There are 3 different occurrences when Ratchets would usually be applied.

• Repeated Failure - if a number of failures occur in one Location an increase of the original penalty could be added.
• Extensive Failure - if a Task has failed to be completed on time.
• Threshold Failure - a threshold number of Tasks are allowed against an entity e.g. 3 tasks in one area. If the number of Tasks exceeds this threshold then additional charges will apply.

The list of Ratchets are maintained here.

Settings > Payment Mechanism > PMS Ratchets

The link will open the PMS Ratchets grid. It is a grid view which can be searched, sorted and customised as normal.

To add a new PMS Ratchet click New , to edit an existing PMS Ratchet click Edit . A pop up window will appear which will allow the creation or amendment of a PMS Ratchet.

Click to view - PMS Ratchets Fields and Descriptions

Field Name	Description
Ratchet Name	The name of the Ratchet.
Ratchet Type	The type of Ratchet (check the radio button to apply to either Task or Task Period).
Task Date Field	From the drop down select the sorting order for the Tasks that the Ratchet is applied to
Query	From the drop down select the PMS Task Query used to gather the Tasks to Ratchet - for more information see PMS Task Queries.
No. Batches	The number of previous Batches to which the Ratchet will apply.
Consecutive	Check the box if the Ratchet should only be applied if failure occurs consecutively.
Apply weight to whole group	Check the box to apply the weighting to the whole group.

Complete the fields and click Save . Once the PMS Ratchets header has been completed and saved a sub navigation will appear to allow additional entities to be created / assigned.

These include:

• Groups
• Thresholds

Groups

Thresholds

Note: PayMech Module results are calculated using Workflow. Unless the calculation workflows are amended, changing settings in Concept Evolution may have no effect on PayMech outputs and results .