Mid-Term Amendments & Co-Terming — Handles contract changes that land mid-term — adding products, extending scope, adjusting quantities — and aligns new items to the master agreement's end date. CPQ produces the amendment, the proration engine prices the stub period, and rev-rec picks up the modified schedule.
Mid-Term Amendments & Co-Terming lives in the Lifecycle Changes phase of Run Revenue Operations — the stage where you collect the cash, close the books, keep customers healthy. In the corpus tool index this phase maps to the Billingcategory.
The critical requirements that test this capability in UsagePricing's CPQ & quote-to-cash rubric — scored tool profiles link from the list below.
Can it model the paper enterprises actually sign — and change it mid-term?
The bar: Parent-child agreements, co-terming, and mid-term amendments as first-class operations with correct downstream proration.