SAP SOM Training Course

About This Course

SAP SOM Training Course

Learn about Subscription order management from basic to advanced level. Get a clear understanding of order lifecycle, payment processing, customer data management, and invoice generation. Understand inventory management fulfillment centers and warehousing.

5 in 1 Course

• Training
• Projects
• Exam Assistance
• Certification
• Assignments

Live Projects

Experience hands-on training with industry projects during the SAP SOM Training.

Takeaways of Your Investment

• 40 hours of intensive training
• Industry-acclaimed SAP SOM Training Course Certification
• Free 1-year subscription to Kodak Consulting & LMS
• Monthly Masterclass & sessions
• The updated industry-oriented study material
• Recorded videos of the sessions
• 100% placement assistance, internship opportunities, and project support exclusively entitled to SAP SOM Professionals
• Add-on supplements provided to effectively deliver projects (Logo Software, E-Books, Question Software, Project Guides/Workbooks, Mobile App, etc.)
• Get the Course Completion Certification for the SAP SOM Training Course

Module 1: Introduction to Subscription Order Management

• Overview of Subscription Models
• Importance of Order Management
• Key Terminology in SOM

Module 2: Subscription Business Models

• Types of Subscription Models
• Pricing Strategies
• Customer Retention and Churn Management

Module 3: Order Lifecycle

• Order Creation and Capture
• Order Fulfillment
• Order Processing
• Order Modification and Cancellation

Module 4: Payment Processing

• Payment Gateway Integration
• Recurring Billing
• Payment Security and Compliance

Module 5: Inventory Management

• Inventory Tracking for Subscription Products
• Fulfillment Centers and Warehousing
• Safety Stock and Reorder Points

Module 6: Customer Management

• Customer Data Management
• Customer Communication and Support
• Managing Customer Preferences

Module 7: Billing and Invoicing

• Invoice Generation
• Billing Frequency and Timing
• Handling Failed Payments

Module 8: Revenue Recognition

• Revenue Recognition Principles
• Subscription Accounting
• Handling Deferred Revenue

Module 9: Metrics and Analytics

• Key Performance Indicators (KPIs)
• Customer Lifetime Value (CLV)
• Churn Rate Analysis
   

Module 10: Subscription Order Management Systems

• Introduction to SOM Software
• Evaluating and Selecting SOM Systems
• Implementation and Integration

Module 11: Regulatory Compliance

• GDPR and Data Privacy
• Sales Tax and VAT Considerations
• Subscription Regulations