ENTITLEMENT MANAGEMENT SYSTEM
Streamline Your Processes and Gain Actionable Insights with FlexNet Operations
Complete visibility of customer entitlements across SaaS, on-premises, embedded, and hybrid deployments can empower data-driven decisions to grow recurring revenue.
FlexNet Operations – Entitlement Management System
Centralized Entitlement Management Across All Deployment and Monetization Models
FlexNet Operations enables you to monetize your software, manage compliance and support customer growth. It facilitates all monetization models—from traditional perpetual licenses to flexible subscription, consumption, and pay-per-use models – while also integrating and automating parts of the quote-to-cash process to expedite revenue recognition.
The robust entitlement management system allows you to streamline back-office infrastructure by centralizing fulfillment and data collection processes for your entire product line, providing a ‘single pane of glass’ for 360-degree visibility into customer entitlements across every deployment – SaaS, embedded, on-premises, and cloud.
FlexNet Operations empowers you to:
- Improve the customer experience with self-service activation and clear usage reporting
- Boost retention and grow recurring revenue with automated alerts to flag churn risk
- Gain usage insights to learn key value drivers and better inform roadmap planning
- Accelerate time-to-market with standardized processes across your product line
- Add features on demand and enable flexible pricing and packaging options
- Deliver updates electronically
FlexNet Operations - license, deliver, update and analyze your software products based on customer entitlements.
Most application producers don’t get how critical licensing and entitlement management is for revenue generation—we weren’t going to make that mistake. Revenera has been right there for us.
Software Monetization Best Practices
Revenera’s fully integrated license and entitlement management system supports the dynamic nature of software entitlements, allowing you to customize product configurations and feature bundles for specific use cases.
Self-service functionality also ensures end customers can directly administer use rights, controlling access as needs dictate and reducing support calls in the process.
Consolidating multiple entitlement management systems into a single platform enables you to gain actionable insights, providing usage transparency for consumption models and aiding renewal management across your product portfolio.
KEY BENEFITS OF FLEXNET OPERATIONS
- Rapidly embrace new business models with support for all monetization strategies
- Maximize revenue from existing customers by identifying upsell opportunities
- Streamline and automate back-office processes with standardized technology
- Remove silos by centralizing disparate entitlement management systems
- Measure usage as a basis for pricing
- Enable end customer self-service
- Optimize the trial-to-buy process
- Track and manage compliance
- Protect software IP
Analytics Dashboard
Renewals
- Gauge a customer's renewal position based on entitlement consumption
- Enable notifications to drive outreach activities
Fulfillment
- Gain insight into whether customers are fully utilizing the products they acquire
- Identify upsell opportunities or areas that require customer success engagement
High-Water Mark
- Track consumption of licensable features by applications over time
- Set automated notifications for custom thresholds, alerting producers to upsell opportunities while helping customers avoid surprise overage bills
For us, the immediate win is customer experience. Our customers have access to everything, whenever they need it, and pay only for what they use. It’s a long term strategy focused on our customer’s success and Revenera’s solutions give us the data we need to execute it.
Resources
Data Sheet
FlexNet Operations
Efficiently operate your SaaS, IoT and software business.
Industry Report
Forrester Total Economic Impact Study
Learn More About 426% ROI and Operational Efficiencies Enabled by Revenera
Case Study
Toon Boom Drives Double-Digit Growth with Streamlined Monetization Processes
The implementation of the new licensing and entitlement management solution resulted in several tangible benefits for Toon Boom.
Case Study
Growing Recurring Revenue Through Flexible Software Monetization Models
Eaton implemented Revenera’s Software Monetization solutions, including Entitlement Management and Software Licensing to centralize its platform management for licensing. It is achieving efficiencies and savings by streamlining software operations across multiple divisions and systems.
Video
Honeywell Transitions from Hardware Sales to Software Monetization
See how Honeywell achieved over 100% growth in annual software revenue while accelerating time-to-market and supporting hybrid models.
Case Study
Siemens Building Technologies Partners with Revenera Software to Monetize Software
Siemens implemented the Software Monetization solution from Revenera Software to protect and monetize software IP, standardize and automate processes and adopt new business models.
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Want to learn more?
See how Revenera's Software Monetization platform can help you take products to market fast, unlock the value of your IP and accelerate revenue growth.