In interworks.cloud platform, the Product Catalog has been designed specifically for subscription-based businesses (prepaid or consumption model) but we fully support license based or one-off products too.
Some basic billing settings for subscription based products lay on the 'Products' module. Those can be found at the 'Pricing' section:
This page explains how the product manager can create the catalogue categories.
This page explains how a price group is created in order to assign products to it and then relate a price group to a price list. By this way you can easily manage price lists and discounts.
By default, the recurring products are billed on customer's billing day. For changing this, you should set for a product a specific billing day that overrides any billing options the customer might have.
An important feature of the product management facilities of interworks.cloud platform is the enablement of trial subscriptions for your end-customers. A trial subscription is a subscription that carries no charge for the customer, and provides full access to a product or service for a limited amount of time.
This page explains how to define mutually exclusive products. If two products are mutually exclusive, it means that they cannot co-exist under the same customer. for enforcing this rule, our system will not allow a customer to purchase a product if he has already an active subscription for one of the products that are incompatible with this product.
The bulk import and update of your product catalogue can be achieved using our Products Importer
tool that is available in product module. Using our importer, you can upload an excel file with your products and the products will be imported / updated by mapping excel columns with product properties.
Bundles are a new type of product that we have planned to introduce in our platform the following months. With Bundles, Distributors and Service Providers will gain the ability to include multiple products in one single Product SKU and a single billing event in better prices than purchasing all products separately.