Oracle Revenue Management OverviewUNIXBusinessApplication

What is Oracle Revenue Management?
Oracle Revenue Management Cloud is a centralized, automated revenue management product that enables you to address ASC 606 and IFRS 15 accounting standard for Revenue from Contracts with Customers. The product provides a configurable framework to automate the identification an creation of customer contracts and performance obligations, their valuations and resulting accounting entries, and the ability to recognize the revenue over time or at a point in time.
Oracle Revenue Management Customers
State Revenue Office Victoria, Hover Automotive India Pvt. Ltd., Kalpataru Ltd, Accelya Kale Solutions Limited, Sascar, Banca Transilvania, UL, Tu_mobil, Escorts Limited, Tamer Group, Grupo Arcor, Vodafone Group Plc
Oracle Revenue Management Video

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it_user521682
Principal Consultant & President at EBILLSOFT LLC
Vendor
The flexibility allows you to configure different pricing models and define different discounting structures.

What other advice do I have?

It's a very capable billing and rating platform that you can use for subscription billing and transaction billing. If someone asked me for my opinion on this product, I would say, yes, you still can put your business on this platform. It's a very powerful, capable, proven platform. However, if you are looking to minimize your upfront investment, then look into a cloud solution. We are one of the Oracle partners who provide a cloud solution for this product. Basically, there is no capex; you don't have to invest anything; you don't have buy a license; you don't have to buy hardware; you don't…