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SUBSCRIPTION MANAGEMENT

System feature details

Whether you're launching your first subscription or looking to optimize your existing model — RamBase Subscription Management is designed to easily help you create and manage a smooth subscription experience with your customers.  From personalized offers to seamless billing and flexible contract management, we’ve designed tools that make managing subscriptions within RamBase Cloud ERP simple. 

What is subscription?

Subscription Management was developed to support companies that provide subscriptions as an additional component to their core business offerings, encompassing non-physical products, for example:

  • Services: Customers pay a recurring fee to gain access to a service, for example maintenance, support or warehousing. The fee can typically be fixed and charged on a regular basis, such as monthly or annually. 
  • Software: Customers subscribe to software licenses that enable them to access and control physical products like machinery, robots, and electrical devices. The fee can typically be charged per user or license on a regular basis, such as monthly or annually. 

Supporting your subscription model

 

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Create a seamless subscription experience that’s easy to manage and grow. The subscription solution merges contract management, real-time subscription visibility, key financial analytics, and billing into one unified platform for ease-of-use and flexibility.  

  • Customer engagement: Capture customer lifetime value- from acquisition to retention and renewal- to maximize loyalty and reduce churn.
  • Centralized subscription handling: Unified user-centric subscription handling enables you to create, manage and scale offerings in one place.
  • Create personalized offers: Incentivize your customers to join with special offers, discounts, custom pricing, and custom billing cycles.

Flexible contract management

Subscription contracts are dynamic and evolve with your customer needs, allowing real-time edits and updates, ensuring they are accurate and reflective of current agreements. 

 

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  • Dynamic contract management:
    Real-time customization of plans, add-ons, and discounts, enabling quick adjustments to rates based on client negotiations, or promotions.

  • Flexible pricing: Build your product plans and charges according to the value of your services. With our solution, you have the flexibility to build tailored pricing models and negotiate customer-specific rates.

  • Multipart subscription handling: Easily add new services or license agreements to existing contracts under a single subscription plan.
  • Supports localization & multi-currency: Want to expand internationally? RamBase Subscription supports multi-currency billing, giving you the ability to offer your subscriptions globally. 

The subscription calendar hub

Get a clear overview of all charges, invoice periods, and upcoming billing dates in one centralized location.  

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  • Instant access to your key financial metrics: Advanced calculations within Subscription Management provide you with an immediate, detailed snapshot of your recurring invoice parameters including daily rates, total monthly summary, invoice billing periods, upcoming billing dates

  • Flexible subscription management: Easily apply discounts or suspend subscriptions directly in the subscription calendar, any changes will be automatically accounted for and shown in your invoice billing period.

     

Covering your core processes

Subscription Management is only one part of a complete ERP system that covers all the key processes you need to handle your business. Complete with integrated modules for your essential business functions such as sales, rental, finance, and more. RamBase ensures visibility and control across your entire supply chain.

Don't settle for multiple systems not communicating with each other, with RamBase you get all the core processes you need in one system and the tools to integrate with other niche systems. 

Contact us

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