Subscription management in OneBusiness refers to managing customer subscriptions on a periodical basis.
It may include software trials, gymnasium subscription, software as a service subscription.
OneBusiness Subscription Management:
One business, the best cloud ERP Australia Subscription billing is a useful transaction to bill your customer once or on a cyclical basis.
OneBusiness is a standard subscription model, and we can customise for customers having their tenancy on the cloud.
The subscription transaction will automatically post the values to your G/L accounts according to the G/L transaction configuration set, as part of your basic configuration setting in OneBusiness ERP.
The subscription business model is useful to retail businesses too.
Users can track the customer’s list, last billed amount, validity start date and validity end date on the transaction dashboard.
The ready to reckon information makes this transaction so appealing to your customers. Set it up once correctly and, the system will do the rest. Users will have to monitor it regularly though.
What is a subscription business model?
One business, the best cloud ERP Australia uses subscription-based access to the software on AWS cloud. It is a monthly or yearly fee to access a product or service. If you are an organisation and using OneBusiness to handle your business, you can use this feature to collect subscription from your customers.
Subscription revenue model
One business, the best cloud ERP India revenue model helps you capitalise on the building relationship with your customer relationships.
We strongly believe in the experience that periodical revenue models lead to higher revenues and stronger customer relationships.
This combining growth is a boom to the business in terms of customer growth. Through subscription model, customers become an integral part of your business.
You can capitalise the new revenue potential with flexible plans and pricing that will suit your customers.
You can provide part of the software for a lesser subscription amount.
Customers hop into new service as they start using your software.
The subscription model attracts customers as you do not expect them to invest huge sum of money upfront.
You can introduce a discount on a subscription to improve the goodwill between your organisation and customers.