The Oracle Fusion Cloud 24D release brings several new features to the Subscription Management module, designed to enhance efficiency and streamline subscription processes. Here are some key highlights:
- Order Management Initiated Subscription Amendments and Renewals: Update source subscriptions to align with amendments and renewals initiated in Order Management.
- Hold Order Management Initiated Subscription Products: You can hold one or more order management-initiated subscription products so that invoicing for them occurs only after physical goods are shipped or installed. This ensures that invoicing doesn’t occur before the actual physical goods are installed.
- Enhanced Integration with Order Management: Improved integration with Order Management to streamline subscription processes and ensure system consistency.
Here are more details on the new features in Oracle Fusion Cloud Subscription Management 24D:
Order Management Initiated Subscription Amendments and Renewals
- Seamless Updates: When amendments or renewals are initiated in Order Management, the source subscriptions are updated to ensure that the latest changes are reflected accurately. This enhances consistency and reduces the need for manual updates.
- Streamlined Process: This feature streamlines the process of managing subscriptions, making it easier to handle changes and renewals directly from Order Management.
Hold Order Management Initiated Subscription Products
- Controlled Invoicing: You can place one or more subscription products initiated through Order Management on hold, ensuring that invoicing only occurs after physical goods are shipped or installed. This prevents premature invoicing and ensures that billing aligns with the delivery of goods.
- Flexibility: This feature allows you to manage the billing cycle more easily, better control invoice timing, and ensure customer satisfaction.
Enhanced Integration with Order Management
- Improved Data Flow: The enhanced integration between Subscription Management and Order Management ensures a smoother data flow and better alignment of subscription data across systems.
- Efficiency Gains: By improving the integration, organizations can achieve greater efficiency in managing subscriptions and order-related processes, reducing the risk of errors and improving overall operational effectiveness.
These enhancements aim to provide a more efficient and streamlined experience for managing subscriptions, with a focus on ensuring consistency and accuracy across systems.
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