Why should I set up a subscription profile?

You need to create a subscription profile because a subscription profile contains the pricing, billing strategy, and a layout template, all necessary to create a subscription contract that helps you select predefined unique attributes and define billing schedules of a subscription.

Depending on your business requirement, you can create one or more subscription profiles and based on rules, this profile contains specific information for your business unit such as whether you want to have advanced billing for the unit. You can then apply these rules for recurring subscriptions, and decide what profile needs to be applied on renewal of a subscription based on your strategies.