What is subscription product in SAP CRM-S4-SOM - S4CRM: Subscription Order Management?

SAP Term: subscription product

• Component: CRM-S4-SOM

• Component Name: S4CRM: Subscription Order Management

• Description: A product that represents a subscription to digital services. The billing of these services takes into account usage-based charges, recurring and one-time charges for example, an activation charge.

Smart SAP Assistant

• Key Concepts: 
  Subscription product is a type of product offered by SAP that allows customers to purchase a product or service on a recurring basis. This type of product is typically used for services such as software-as-a-service (SaaS) or cloud-based services. In the case of SAP, subscription products are offered through the CRM-S4-SOM S4CRM Subscription Order Management module. 
  
  How to use it: 
  The CRM-S4-SOM S4CRM Subscription Order Management module allows customers to purchase subscription products from SAP. Customers can select the type of subscription product they want, such as a monthly or annual subscription, and then enter their payment information. Once the payment is processed, the customer will be able to access the subscription product. 
  
  Tips & Tricks: 
  When purchasing a subscription product from SAP, it is important to read the terms and conditions carefully. This will ensure that you understand what you are getting and how long your subscription will last. Additionally, it is important to keep track of when your subscription will expire so that you can renew it in time. 
  
  Related Information: 
  For more information about subscription products from SAP, please visit the official website at https://www.sap.com/products/subscription-products.html. Additionally, you can find more information about the CRM-S4-SOM S4CRM Subscription Order Management module at https://help.sap.com/viewer/product/CRM_S4_SOM/latest/en-US/.