Standard ABO: Commerce Action Co-Term
Oracle 26B introduces the new "Co-Term" Standard Process document action type. The Co-Term Action allows you to align the contract end dates of line items within a quote with the customer's existing active subscription.
Note: The Co-Term action type is only available when Standard ABO is enabled.
The Co-Term action provides the following benefits:
- Simplifies contract management by aligning multiple subscriptions to a single contract end date.
- Improves renewal predictability with a unified view of upcoming expirations.
- Enhances customer experience by providing grouping visualization based on various asset attributes.
Steps to enable and configure
Refer to the following procedures to create and enable a Co-Term type action.
- Enable Standard ABO. Refer to the Steps to Enable for Access to Standard Asset-Based Ordering.
- Add the Co-Term action to the transaction/quote layout using the Redwood Quote UI. Refer to Commerce > Transactions | Quotes > Redwood > Quote Designer > Redwood Quote Actions in the Oracle CPQ Administration Online Help.