VERSICH
Subscription Price Automation Increases Revenue by 15% YoY

- 15%YoY Revenue Growth
 - 100%Eligible Subscriptions Updated
 - 0Missed Price Increases
 - 100%Native NetSuite Implementation
 
Background - The Client Challenge
A subscription-based business needed a way to automatically apply annual price increases to all active subscriptions in NetSuite to account for inflation and rising costs.
Their requirements included:
- Applying price increases on each subscription’s anniversary date
 - Allowing exceptions on a case-by-case basis
 - Providing advance customer notifications before increases took effect
 
The client had explored third-party tools but found them expensive, non-native to NetSuite, and lacking the flexibility to match their exact process.
Our Solution
We developed a fully native NetSuite automation using coordinated scripts that eliminated manual updates while preserving flexibility.
- Next Price Increase Date Script
- Identifies subscriptions due for an increase based on pre-defined logic.
 - Updates a custom “Next Price Increase Date” field that acts as the trigger for notifications and pricing changes.
 - Allows manual adjustments for special exceptions.
 
 - Customer Notification Script
- Runs one month before the increase date.
 - Sends a consolidated email to each customer listing all impacted subscriptions.
 - Gives customers time to review and respond before changes take effect.
 
 - Price Increase Script
- Executes on the effective date.
 - Updates pricing for eligible subscriptions using either a percentage-based or fixed-amount increase.
 - Supports both flat-rate and usage-based billing lines.
 
 
Business Impact
- Revenue Growth: Achieved a 15% year-over-year increase in subscription revenue.
 - Revenue Protection: No missed price increases across 100% of eligible subscriptions.
 - Operational Efficiency: Eliminated manual updates and interdepartmental handoffs.
 - Customer Communication: Advance notice provided for all increases, reducing disputes.
 - System Simplicity: 100% native to NetSuite—no external platforms or integrations required.