Pricing phases allow you to create contracts with pricing that changes at predefined intervals (e.g., annually). This ensures that each phase has a consistent duration, making it ideal for multi-year contracts with phased price adjustments.
Example Use Case 1: Consider a three-year contract where the price per license changes each year
  • Year 1: $20 per license per month
  • Year 2: $40 per license per month
  • Year 3: $60 per license per month
Example Use Case 2: Consider a three-year contract where the price per license AND the applied discount percentage changes each year
  • Year 1: $20 per license per month, discount of 20%
  • Year 2: $40 per license per month, discount of 15%
  • Year 3: $60 per license per month, discount of 10%
This contract can be set up with three phases, each lasting one year, with a specific price for each phase.

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Steps to Set Up Pricing Phases

  • Go to the Contracts > ”+ Create Contract” and set up a new contract.
  • Go the “Plan Details > “Pricing Details” section
  • Add the product for the first phase and configure it as required (quantity, discount, etc.)
  • Click on ”+ Add Phase” to add the second phase
  • Add the product for the second phase and configure it as required (quantity, discount, etc.)
  • Repeat this process as needed

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Once the subscription associated with the contract is active

  • For the first period, invoices are generated based on the price set in Phase 1
  • In the second period, billing shifts to the pricing set in Phase 2
  • and so on…