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As companies across industries grapple with disruptive new business models, digital transformations are the order of the day. Subscription-based commerce, agile billing based on consumption and outcomes, and innovating pricing strategies are critical to succeeding in hyper-competitive environments.
Recent research from Oracle uncovers how companies can employ emerging best practices to develop recurring revenue streams and encourage customer retention. The era of subscription commerce has arrived. Companies are increasingly focused on generating recurring revenues by offering subscription-based services and business models. As the marketplace is seeing an exponential increase in the complexity of product mixes, enterprises are finding that existing transaction-based systems are unable to support the move from physical to digital goods and services. Powerful billing and revenue management capabilities are both critical and strategic for enterprises to be successful in this new age of subscription commerce. What attendees will learn:
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