VERSICH
Subscription Price Automation Increases Revenue by 15% YoY

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.