A Peek into Oracle’s Subscription Management
Gartner has estimated that more than 80% of software providers would have migrated to a subscription-based business model by end of the year 2020. Another research predicts the global subscription economy for the SaaS companies to be a $100 billion market opportunity by 2020. There are several challenges that subscription businesses face when setting up their services and maintaining a robust relationship with their customers. The only way that businesses can address and overcome these challenges is by using an effective recurring billing and payment system that is flexible enough to meet customer’s requirements. Learn more about Oracle Cloud Services Oracle Monetization Cloud software is a new offering from the oracle in the subscription business market. This new cloud software provides a market for digital and subscription-enabled services and products by leveraging the life cycle of customer rating and discounting, on-boarding, billing, offer creation, customized invoicin...