Update 22C

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Overview

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Subscription Management

Update Pricing Terms for Multiple Subscriptions

Update pricing terms for multiple subscriptions at once. You can do this by updating the pricing method and the percentage by which the pricing should change.

Enable Proration of One-Time Charges

Prorate one-time charges and return credit for one-time charges when a subscription is closed. You can select the Enable Proration check box for a one-time charge on the Edit Product page. This lets you prorate and return credit for that one-time charge.

Override Renewal Duration at Subscription and Subscription Product Levels

Specify an override for the renewal duration at the subscription level, as well as at the subscription-product level, and have the renewal consider that override. Automatic and manual renewals uniformly apply a rule-based renewal duration for all the eligible subscription or subscription products. This feature lets you override the renewal duration at the subscription and at the subscription product level.

View And Override Close Credit Amount

View and override the credit provided when a subscription is closed. You can use the Calculated Credit Amount field to view the credit that will be issued as a part of close and override the credit using the Override Credit Amount field.

Analyze Subscription Trends for a Cohort of Customers

Analyze subscription trends for a cohort of customers. You can use the Cohort Overview Dashboard to analyze trends for a cohort of customers who had active subscriptions in the past month and track the trend of Monthly Recurring Revenue (MRR), Total Contract Value, MRR churn and renewal rates for this cohort. You can also analyze the list of customers in a given cohort that churned.

Improve ASC606 Compliance During Subscription Life Cycle

Choose how your revenue contracts are accounted for during the life cycle of a subscription. You can determine how subscription amendments, renewals, and pricing terms are accounted for in Oracle Revenue Management. You can use the Revenue Management Rule for Amendment and Revenue Management Rule for Renewal attributes in subscription profiles to choose how to manage revenue when a subscription is amended or renewed. For each rule, you can either create new performance obligations or create a new revenue contract in compliance with ASC606 regulations.

Analyze Coverage Entitlements and Adjustments

Analyze coverage subscriptions by entitlements and adjustments. You can use the Subscription Management - Coverage Entitlements and Adjustments Real Time subject area to create OTBI reports that can be used for analyzing coverage entitlements and adjustments.

Undo Close

Undo the closing of a previously closed subscription. You can use the Undo Close action from the Edit Product page of subscription-type products. This lets you return the subscription to the status it was in prior to the closing of the subscription, and undo any billing changes that occurred due to the closing.