Financial model

This helps you track each application's business model so that you can differentiate between the different types and prioritize your tasks accordingly.

Subscription

Applications that automatically collect payment from you to continue having access to the platform.

Lifetime

Applications where you pay once and have access to the platform or licence forever.

Marketplace

Platforms that don't necessarily have any recurring payments, but you have employees who have access, so they can purchase assets (e.g. marketing materials, freelancer time etc.)

Pay as you go

Applications and platforms that are based on “credits” or how much you consume of an application, e.g. email sending platforms

Billing cycle

This helps you define how regularly an application will bill your company for access to their platform.

Annual

Your application bills you once per year

Monthly

Your application bills you once per month

One-time

Your application will only ever bill you once

Other

When an application bills you on a different frequency that doesn't fit into the above, e.g. you make multiple payments per month

Spend last billing cycle

This is how much LicenceOne has detected that you spent on your application on the previous billing cycle.

Real-world examples and explanations

Billing cycle	Spend last billing cycle	Explanation
Monthly	$20	LicenceOne detected that you spent $20 last month (billing cycle)
Annual	$500	LicenceOne detected that you spent $500 last year (billing cycle)
One-time	$50	LicenceOne detected that you paid $50 for access to this application and that you should never expect to be billed again

Updated on: 22/03/2023