Description

SAP Subscription Billing is a subscription-based business model management solution designed for recurring and usage-based billing. It enables users to streamline customer satisfaction and retention, monetize any combination of usage, one-time, and subscription-based consumption, optimize and harmonize sales and payment processes, evolve business models with a feedback loop based on customer engagement and market analysis, manage real-time subscription changes with immediate updates to billing, and automate the proration for cancellations including backdated requests. Features include usage-based charges, billing process management, subscription contract management, multi-tenant cloud deployment, and customizable definition of products and rate plans.