Subscription Order Management
Subscription order management is the SAP BRIM component that manages the commercial side of subscription business – the product catalog and subscription contracts with their full lifecycle. It is part of SAP S/4HANA.
SAP
Explanation
Typical functions include:
• product modeling for subscriptions, bundles, and usage-based offerings,
• subscription orders and contracts with terms, prices, and billing parameters,
• lifecycle changes, such as upgrades, downgrades, add-ons, renewals, suspensions, and cancellations,
• passing contract information to charging, invoicing, and revenue accounting.
Why It Matters
In subscription businesses, contract changes are frequent. Subscription order management is the leading source for what the customer has agreed and when it changed. These changes must reach SAP Convergent Charging for correct pricing and SAP Revenue Accounting and Reporting (RAR) for correct treatment of contract modifications.
Related Terms
SAP BRIM · SAP Convergent Charging · Contract Modification · Recurring Billing · Provider Contract (BRIM) · SAP CPQ
Related Solution:
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