Quarterly Release Update for Usage Engine Cloud Edition - July 2023
During the last quarter, a lot of new exciting features and functionality have been released in Usage Engine Cloud Edition:
Improved UI and Added Parameter for SAP Subscription Billing
The user interface in the SAP Subscription Billing Forwarder function has gone through a major makeover to provide a modern look with enhanced usability.
The Improvement
The SAP’s Usage Record API has been updated with a new parameter called Items which can contain an array of rating parameters enabling more flexible rating and advanced business models in Subscription Billing.
The update allows for any number of rating parameters to be sent out to the Subscription Billing function in a single record. The SAP Subscription Billing can with its new feature "Individual Usage Rating" rate and close bills for invoicing immediately instead of waiting for the billing cycle to complete.
The Importance
The SAP Subscription Billing forwarder can now help determine how pricing procedures can be mapped to quote items or header fields. Pricing conditions can be mapped to the fields in a customizable order. The SAP Subscription Billing function is aligned with the way usage records are processed. This is SAP’s mechanism for creating and updating usage records to store consumption data from external systems. The validity of each record is valid for the delegated aggregation period.
Using The Updated Function
The update allows any number of rating parameters to be sent to the Subscription Billing forwarder in a single record. With the new Individual Usage Rating feature, SAP Subscription Billing can rate and close bills for invoicing immediately instead of waiting for the billing cycle to complete.
The SAP Subscription Billing Function allows all essential parameters to be placed in the Required Fields section.
For more information, see SAP Subscription Billing.