Overview of Oracle Subscription Management

Oracle Subscription Management provides a complete solution to sell subscriptions, services, and usage-based products that include tangible items, such as periodic copier ink delivery, or intangible items, such as complex usage-based software subscriptions.

Charge your customers based on how much they consume, with usage collected from any source via a web service. Increase customer lifetime value by improving renewal rates and reducing revenue leakage with the renewal capabilities in Oracle Subscription Management.

Subscription Management helps you:

• Create subscriptions using the UI, REST services, or import processes.

• Create subscriptions with subscription products and coverage products.

• Create line and subline hierarchies using coverage products with covered levels.

• Manually adjust product charges.

• Integrate with Accounts Receivables for billing.

• Integrate with third-party web services for acquiring usage quantity.

• Integrate with pricing application to setup discounts, promotions, and offers.

• View billing schedules.

• Preview subscriptions.

• Renew, amend, suspend, resume, and terminate subscriptions.

• Manually renew subscriptions using REST service.