Rental: Release of the new Subscription sub-module
K
Knut Sætre Waka
started a topic
about 1 month ago
Classification: USEFUL
Whether you're launching your first subscription or looking to optimize your existing model—our solution is designed to easily help you create and manage a smooth subscription experience with your customers.
The RamBase Subscription is a sub-module under Rental. It is tailored towards the B2B market for subscription of non-physical products such as services or licenses. The sub-module is a fully integrated subscription management and billing system that supports recurring revenue models.
Users may be familiar with the current subscription features within the system. However, this launch introduces an entirely new solution developed from the ground up, in close partnership with customers.
The new solution is based on the Rental overview (RCS) application as the starting point for all rental and subscription handling in RamBase. The application introduces efficient breadcrumb navigation with focus on overview and natural work flow. Allowing the user to view all Rental contracts (RCT), which envelopes subscription, while at the same time being able to drill down to the lowest levels of a Rental contract item (RCTITEM).
The work flow is further reinforced by the fact that the contract, independently of status, will keep its identifier.
Basis for revenue is defined in the Recurring rates (RRT) application which is used to define rates for Products (ART) with the additional option of creating highly tailored rate steps.
Key capabilities include:
Dynamic contract management: Real-time customization of plans, add-ons, and discounts, enabling quick adjustments to rates based on client negotiations, or promotions.
Centralized subscription handling: Unified user-centric subscription handling enables you to create, manage and scale offerings in one place.
Flexible billing options: Incentivize your customers to join with special offers, discounts, custom pricing, and custom billing cycles.
Revenue assurance:Ensure that your invoices are accurately billed based on the contractual agreements you have with your customers.
Want to explore Subscription Management further? Visit the Subscription Management feature page on RamBase.com and our documentation to learn more about key features and benefits.
For any inquiries or additional clarification needed, feel free to contact our support team.
Please note that this functionality is planned to replace our current subscription functionality.
Knut Sætre Waka
Classification: USEFUL
Whether you're launching your first subscription or looking to optimize your existing model—our solution is designed to easily help you create and manage a smooth subscription experience with your customers.
The RamBase Subscription is a sub-module under Rental. It is tailored towards the B2B market for subscription of non-physical products such as services or licenses. The sub-module is a fully integrated subscription management and billing system that supports recurring revenue models.
Users may be familiar with the current subscription features within the system. However, this launch introduces an entirely new solution developed from the ground up, in close partnership with customers.
The new solution is based on the Rental overview (RCS) application as the starting point for all rental and subscription handling in RamBase. The application introduces efficient breadcrumb navigation with focus on overview and natural work flow. Allowing the user to view all Rental contracts (RCT), which envelopes subscription, while at the same time being able to drill down to the lowest levels of a Rental contract item (RCTITEM).
The work flow is further reinforced by the fact that the contract, independently of status, will keep its identifier.
Basis for revenue is defined in the Recurring rates (RRT) application which is used to define rates for Products (ART) with the additional option of creating highly tailored rate steps.
Key capabilities include:
Dynamic contract management: Real-time customization of plans, add-ons, and discounts, enabling quick adjustments to rates based on client negotiations, or promotions.
Centralized subscription handling: Unified user-centric subscription handling enables you to create, manage and scale offerings in one place.
Flexible billing options: Incentivize your customers to join with special offers, discounts, custom pricing, and custom billing cycles.
Revenue assurance: Ensure that your invoices are accurately billed based on the contractual agreements you have with your customers.
Want to explore Subscription Management further? Visit the Subscription Management feature page on RamBase.com and our documentation to learn more about key features and benefits.
For any inquiries or additional clarification needed, feel free to contact our support team.
Please note that this functionality is planned to replace our current subscription functionality.
Release date: 17 February 2025