Acxiom
Touchless Subscription Management for B2B Businesses
Pages
7
Time to read
7 mins
Publication
Language
English
Pages
7
Time to read
7 mins
Publication
Language
English
This document is a guide that outlines the complexities and challenges associated with managing B2B subscription services. It explains how the subscription lifecycle can be simplified and automated to enhance customer satisfaction and reduce operational costs. The guide details the typical processes involved in subscription management, including amending contracts, co-terminating opportunities, and consolidating billing. It highlights the inefficiencies that arise when businesses handle these processes manually, leading to increased costs and the need for additional staff. The document also presents a case study involving a telecommunications company, Vonage, which successfully implemented a touchless subscription solution using Salesforce's Commerce and Revenue Cloud. This solution allowed for self-service account management and streamlined contract updates, ultimately improving operational efficiency and customer experience. The guide emphasizes the importance of adopting automated systems to scale subscription management effectively.