Term and Evergreen Subscription Options
As described in this article, the main difference between a Term and Evergreen Subscription is that a Term Subscription has an expiration date and an Evergreen Subscription does not (and therefore can be canceled at any time). Actually, when it comes to creating or updating Subscriptions, both have plenty of options in common.
Options for Creating Subscriptions
Billing Date
| Option |
Evergreen Subscription |
Term Subscription |
| Bill Immediately |
Yes |
Yes |
| Calendar Billing |
Yes |
Yes |
| Awaiting Signup Billing |
Yes |
Yes |
| Net Terms |
Yes |
Yes |
Subscription Product and Component
| Option |
Evergreen Subscription |
Term Subscription |
| Setup Fee |
Yes |
Yes |
| Multifrequency Items |
Yes |
Yes |
| Term/Expiration Date |
Not Applicable |
Yes |
| Net Payment Terms |
Yes |
Yes |
| Custom Fields |
Yes |
Yes |
| Coupons |
Yes |
Yes |
| Free Trial/Free Time |
Yes |
Not Applicable |
| Tax Included in Price |
Yes |
* |
| Quantity-Based Components |
Yes |
Yes |
| Toggle On/Off Components (Flat Fee) |
Yes |
Yes |
| Metered Components (Usage) |
Yes |
Yes |
| One-time Components |
Yes |
Yes |
| Prepaid Components |
Yes |
* |
| Events-Based Components |
Yes |
* |
| Parent-Child Hierarchy |
Yes |
* |
* Future Feature
Payment Method
| Option |
Evergreen Subscription |
Term Subscription |
| Remittance |
Yes |
Yes |
| Credit Card |
Yes |
Yes |
| ACH |
Yes |
Yes |
| Works with Maxio Payments |
Yes |
Yes |
| Works with Third-party Gateway Integrations |
Yes |
Yes |
Multi-Currency
| Option |
Evergreen Subscription |
Term Subscription |
| Currency Definitive Price |
Yes |
Yes |
| Currency Real-time Conversion |
Yes |
Not Applicable |
Through Other Applications
| Option |
Evergreen Subscription |
Term Subscription |
| Maxio Signup Pages |
Yes |
Yes |
| Customer Developed Signup Pages |
Yes |
Yes |
| Salesforce |
Yes |
Yes |
| HubSpot |
Yes |
Yes |
* Future Feature
Options for Updating Subscriptions
Subscription Update
| Option |
Evergreen Subscription |
Term Subscription |
| Cancel a Subscription Immediately |
Yes |
Yes |
| Cancel a Subscription at End of Period |
Yes |
* |
| Issue/Deduct Service Credits on a Subscription |
Yes |
Yes |
| Automated Subscription Dunning |
Yes |
Yes |
| Exempt from Dunning |
Yes |
Yes |
| Apply a Prepayment to a Subscription |
Yes |
Yes |
| Put a Subscription On Hold and Resume |
Yes |
Not Applicable |
| Change the Next Billing Date |
Yes |
Not Applicable |
| Reactivate a Canceled Subscription - Resume Current Period |
Yes |
Yes |
| Reactivate a Canceled Subscription - Start New Billing Period |
Yes |
Not Applicable |
| Change the Subscription Expiration Date |
Not Applicable |
* |
| Add a Term Date to an Existing Subscription |
Not Applicable |
* |
* Future Feature
Invoice Update
| Option |
Evergreen Subscription |
Term Subscription |
| View Current and Past Due Invoices in Advanced Billing |
Yes |
Yes |
| Record a Payment against an Invoice in Advanced Billing |
Yes |
Yes |
| View Current and Past Due Invoices in Billing Portal |
Yes |
Yes |
| Record a Payment against an Invoice in Billing Portal |
Yes |
Yes |
| View Future Invoices in Maxio Platform |
Not Applicable |
Yes |
| Create and View Pro Forma Invoices |
Yes |
* |
* Future Feature
Product and Component Update
| Option |
Evergreen Subscription |
Term Subscription |
| Change the Product on a Subscription |
Yes |
Yes |
| Change the Product and Not Preserve Period (Billing Day) |
Yes |
Not Applicable |
| Change the Product to One with a Different Billing Frequency |
Yes |
* |
| Upgrade/Downgrade the Product on a Subscription |
Yes |
Yes |
| Upgrade/Downgrade the Product on a Subscription to a Different Billing Frequency |
Yes |
* |
| Upgrade/Downgrade the Product and not Preserve Period (Billing Day) |
Yes |
Not Applicable |
| Add a Component to a Subscription |
Yes |
Yes |
| Remove a Component from a Subscription |
Yes |
Yes |
| Change a Component Price Point |
Yes |
Yes |
| Change the Quality of a Component on a Subscription |
Yes |
Yes |
* Future Feature
Through CRM Integration
| Option |
Evergreen Subscription |
Term Subscription |
| Salesforce |
Yes |
Yes |
| HubSpot |
Yes |
Yes |
* Future Feature