Specialized Transaction Types

Streamline sales operations by transferring asset quantities between accounts or swapping products while maintaining accurate audit trails and relationship labels. Use lot-based renewals to honor original purchase prices across multiple transactions and apply price uplifts to individual lots. You can also renew expired assets and subscriptions by choosing new start and end dates, providing flexibility for late renewals and trial extensions.

• Transfer Assets Between Accounts
  To maintain compliance and streamline operations, your users can move asset quantities, product licenses, or subscriptions between different accounts or contracts.
• Swap, Upgrade, or Downgrade Assets
  To maintain accurate records and streamline your sales process, use specific asset actions to capture the relationships between swapped-out and swapped-in assets.
• Use Lot-Based Renewals to Preserve Original Prices
  To honor existing prices at renewal time, use lot-based or As-Is renewals to renew asset lot quantities at their original purchase prices. For example, if a sales rep sells an asset across multiple transactions, a lot-based renewal includes both the initial sale and subsequent amendments. The system applies a price uplift individually to each lot based on the renewal uplift.
• Renew Expired Assets
  To maintain customer relationships and close deals faster, renew assets and subscriptions after their original end date. Enabling late renewals and trial extensions provides flexibility when customers want to repurchase products.