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Handling recurring payments/Subscription renewals is important to ensure a steady stream of income and supply of a particular service. Manually extending Subscription Contracts, creating Media Campaigns and generating Invoices can incur substantial overhead which is especially problematic for a lower value, but regular, revenue streams.
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The Subscription Contract will be automatically renewed when the scheduled batch runs and the cancellation period has passed. For example, the Subscription Contract below will automatically renew when the batch runs after 16 August 2020. When the renewal takes place, the it is valid until the date of the Subscription Contract, and any Assignments which are valid for the renewal , will extend to 30 September 2020.
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Once your contracts are configured to accomodate accommodate recurring payments/Subscription renewals, you simply need to
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