Usage based subscription and revenue management
Usage based subscription and revenue management
Hello,
We have long running subscriptions (evergreen and billed every year).
These susbcriptions are billed using estimated quantity at the beginning of year. And at teh end of the year we will update the actual usage and issue a adjustment.
We are using oracle revenue managment module. However to our shock, we discovered that our estimated usage subscriptions are being interfaced to revenue management after the end of the year (when the true up is calculated and invoiced). This means that the revenue over the year is being recognized only at the end of the year (and only in the last month).