Rates 2.0 is a newly formed rate structure within SAP Fieldglass that reduces the overall complexity of rate management while maintaining the comprehensiveness and functional capabilities of the historical Rates 1.0 feature. At the conclusion of this lesson, you will be able to summarize Rates 2.0 functionality in SAP Fieldglass, recognize the benefits of implementing the Rates 2.0 enhancements and changes, and compare the differences seen between the Rates 1.0 and 2.0 structures.