What is 'usage-based billing' in SAP CEC-SAL-SB - Subscription Management and Billing?

usage-based billing - Overview

• Component: CEC-SAL-SB

• Component Name: Subscription Management and Billing

• Description: The process of billing customers for metered usage of a digital product.

usage-based billing - Details

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  Key Concepts: 
  Usage-based billing is a billing model used in SAP CEC-SAL-SB Subscription Management and Billing. It is a type of billing that charges customers based on the amount of usage of a product or service. This type of billing allows customers to pay for only what they use, rather than paying a fixed fee for a set amount of usage. 
  
  How to use it: 
  In SAP CEC-SAL-SB Subscription Management and Billing, usage-based billing can be used to charge customers for the amount of usage they have of a product or service. This can be done by setting up a usage-based billing plan, which will define the rate at which customers will be charged for their usage. The plan can also include additional features such as discounts or incentives for customers who use more than a certain amount of the product or service. 
  
  Tips & Tricks: 
  When setting up a usage-based billing plan, it is important to consider the customer’s needs and preferences. For example, if the customer is likely to use more of the product or service over time, it may be beneficial to offer them a discount or incentive for higher levels of usage. Additionally, it is important to ensure that the rate charged for usage is fair and reasonable. 
  
  Related Information: 
  For more information on usage-based billing in SAP CEC-SAL-SB Subscription Management