The subscription economy is expected to grow 18% by 2025, reaching a $1.5 trillion market, prompting businesses to adopt subscription-based models for stable revenue and better customer retention. CLARITY, through its Subscription Enabler Framework powered by SAP Cloud ERP, assists companies in transitioning from legacy processes to agile revenue models. This economic shift is particularly notable in B2B sectors such as professional services, high-tech, and manufacturing as these firms increasingly invest in subscription models to enhance cash flow and revenue recognition.
The subscription economy is transforming how businesses operate, offering predictable revenue and stronger customer relationships.
Subscription-based models simplify financial forecasting, allowing companies to concentrate on their core operations and deliver great customer experiences.
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