Plans are designed for your self-serve go-to-market motion. Create standard pricing plans that you can use across any number of customers.
Plans come with a series of features designed to power your self-serve motion:
- Standard pricing, reusable across customers
- Roll out pricing changes to all customers subscribed to a plan
- Plan changes are stored as versions
- Switch self-serve customers subscribed to a plan to a custom pricing schedule
Once you’ve configured a plan, you can use it when you create a billing schedule for a customer.
Sequence offers various pricing models that can be used for standard subscription or complex usage-based pricing. Once you have configured a plan, you can set up a billing schedule for your customer to start charging them.
In Sequence, plans contain products. Products in Sequence show up as line items on a customer’s invoice. Add existing products from the product catalog or configure new products from scratch. Pricing models and fees are configured per product. All products within a plan must use the same currency.
You can set a minimum commitment for a plan in Sequence by adding a ‘Plan minimum’. This guarantees that for each billing period, Sequence will generate invoices with a pre-tax total of at least the minimum amount defined.
If a customer’s total bill falls below the minimum amount set for their plan, Sequence will add a ‘True-up’ charge to bring it up to the minimum.
For example, if the total is
$845 for a plan with a minimum fee of
$1,000, a line item with a rate of
$155 will be added to the invoice, with a description of “True-up charge”.
Sequence creates plan versions with each change, allowing you to view past pricing and recalculate invoices deterministically if needed.