Revenue Lifecycle Management
Revenue Lifecycle Management
Usage Selling in Salesforce Revenue Cloud
Usage-based products allow businesses to charge customers based on how much they consume, offering flexibility and scalability. In
December 16, 2024
Revenue Lifecycle Management
Dynamic Discounting with the Price Adjustment Matrix
In Salesforce Revenue Cloud, the Price Adjustment Matrix provides robust options for setting volume-based discounts based on multiple
October 31, 2024
Revenue Lifecycle Management,Salesforce Advanced Approvals
Streamline Your Approval Process with Salesforce Revenue Cloud’s New Advanced Approvals
Introduction The Winter ’25 update for Salesforce Revenue Cloud introduces : Advanced Approvals using Flow Orchestration. This feature
October 25, 2024
Billing,Revenue Lifecycle Management
Salesforce Revenue Cloud Billing
In this post, we’ll explore Salesforce Revenue Cloud Billing, a robust invoicing and billing management solution. I’ll guide
October 15, 2024
Asset Lifecycle Management,Revenue Lifecycle Management
Introduction to Salesforce Contracts: Streamline Your Contract Lifecycle Management
Salesforce Contracts – Overview and Demo Managing contracts effectively is crucial for any business aiming to maintain strong
September 13, 2024
Revenue Lifecycle Management
Salesforce Revenue Lifecycle Management – Default Price Waterfall
August 8, 2024
Revenue Lifecycle Management
Derived Pricing in Salesforce Revenue Lifecycle Management
Salesforce Revenue Lifecycle Management – Derived Pricing In this post, we’ll explore the Derived Pricing feature within Salesforce
August 1, 2024
Product Configurator,Revenue Lifecycle Management
Salesforce Revenue Lifecycle Management Configuration Rules
Salesforce RLM – Configuration Rules In this post, we’ll explore the configuration rules available within Salesforce Revenue Lifecycle
August 1, 2024
Product Configurator,Revenue Lifecycle Management
How to Create and Manage Usage-Based Products in Salesforce Revenue Lifecycle Management
Salesforce Revenue Lifecycle Management (RLM) offers a robust platform for managing your product lifecycle. However, as of Summer '24, it does not support usage-based products out of the box. This limitation can be a hurdle for businesses looking to offer flexible, usage-based pricing models. Fortunately, with Salesforce’s Product Configurator, you can customize and extend RLM to include usage-based products. In this blog post, we explore how to set up a "Self-Driving Pay-per-Mile" product, demonstrating the flexibility of Salesforce’s tools. We walk through creating custom configurator flows, setting up consumption rates, and using Lightning Web Components for real-time configuration updates. By leveraging point-and-click tools alongside minimal custom code, we show you how to make usage-based billing a reality within Salesforce RLM. Key Steps Covered: Setting up a usage-based product in Salesforce. Customizing configuration flows to handle usage and rates. Implementing a Lightning Web Component for seamless data handling. Testing and ensuring the setup works with your existing billing systems. For a detailed step-by-step guide and to see these configurations in action, read our full blog post and watch our video tutorial.
June 24, 2024