As new technologies and business practices evolve with customer demand, many companies are examining new ways to price and deliver their products and services, including experimenting with subscription- or consumption-based business models. CFOs aim to enable their companies to achieve competitive advantages through a variety of recurring-revenue models to attract and retain profitable customers. As these recurring-revenue business models mature, however, many CFOs find that existing financial systems and spreadsheet-based processes for pricing and billing can't keep up with the demands of their organizations.
During this Webcast, we will discuss:
- What challenges companies are encountering as their revenue models evolve,
- What technological advances finance leaders need to know about to support subscription- or consumption-based businesses in the broader context of finance transformation, and
- Best practices finance leaders can employ to refine revenue-recurring models that reflect demand from customers, as well as the economic and regulatory environment in which their companies serve customers.