What is Entitlement Management? Ensuring Compliance and Driving Revenue

Entitlement management plays a crucial role in the Software as a Service (SaaS) world, enabling businesses to manage usage-based pricing and ensure compliance effectively. It refers to the control and enforcement of access rights to digital resources or services based on customers' subscription plans. The challenges of entitlement management include complexity, scalability, flexibility, automation, and integration. A comprehensive entitlement management system like Togai's 'Entitlements' can help businesses set usage limits, map features to plans, and align entitlements with their pricing strategies in a single platform. Proper entitlement management drives revenue by offering customized offerings, enabling upselling and cross-selling opportunities, reducing churn, providing greater visibility and control, and streamlining operations. It also ensures compliance by setting usage limits and tracking usage in real-time.