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Dealing with changes in pricing is a significant challenge in any business.
Pricing plans and paradigms proliferate, while individual customers require specific charges and adjustments to their accounts. The result? Vast lists of SKUs, ordering complexity, and confusion.
A subscription billing system provides agility by structuring pricing catalogs to minimize the proliferation of products, plans and variations, and automated tools for dealing with common customer service issues.
There are three key needs:
- Flexible product catalogs
- Multi-level pricing.
- Customer specific overrides