What is auto-renewal in SAP CEC-SAL-SB - Subscription Management and Billing?

SAP Term: auto-renewal

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The process of extending a subscription automatically. For example, if the customer does not cancel by a certain date, the subscription is automatically extended by a year.

Smart SAP Assistant

• Key Concepts: 
  Auto-renewal is a feature of SAP CEC-SAL-SB Subscription Management and Billing that allows customers to automatically renew their subscription at the end of the subscription period. This feature eliminates the need for customers to manually renew their subscription each time it expires. 
  
  How to use it: 
  To enable auto-renewal, customers must first log into their SAP account and navigate to the Subscription Management and Billing page. From there, they can select the “Auto-Renewal” option and enter their payment information. Once this is done, their subscription will be automatically renewed at the end of the subscription period. 
  
  Tips & Tricks: 
  It is important to note that auto-renewal does not guarantee that customers will receive the same pricing or terms as they had previously. Customers should always review their subscription details before enabling auto-renewal to ensure that they are getting the best deal possible. 
  
  Related Information: 
  For more information on auto-renewal, please refer to SAP’s official documentation on Subscription Management and Billing. Additionally, customers can contact SAP Support for assistance with any questions or issues related to auto-renewal.