Phases

Overview

Use contract phases to manage agreements where payment terms change throughout the life of the contract. A phase represents a version of the contract terms for a defined period.

Revising a contract creates a phase. The new phase records the updated pricing, products, discounts, commitments, or billing terms from the selected effective date.

Creating a Phase

To add a phase to a contract:

1. Navigate to Customers.
2. Select the customer and open the contract.
3. Select + Add Phase.
4. Define the start date for the new phase.
5. Add a label to identify the phase.
6. Select Go to plan builder > to configure the phase's pricing and products.

Use Cases

Contract phases are useful for tiered pricing rollouts, pilot-to-production transitions, seasonal pricing, graduated commitments, renewals, and product expansion.

Example: A customer starts with a pilot package for the first three months. After the pilot, a new phase begins with production pricing, higher commitments, and additional products.

Managing Phases

Each phase operates as a distinct pricing period within the same contract. When a phase's start date is reached, Vayu applies the phase terms and generates invoices according to that phase's configuration.

There is no separate Phases tab on the contract overview page. To review phase versions, open the contract's Product Provision area and use the version selector.

Video Tutorial

For a complete walkthrough of creating contract phases, see this tutorial below:

Inflationary Uplift

Inflationary Uplift allows Vayu to automatically increase subscription pricing over time based on predefined uplift rules. Instead of manually updating pricing for renewals or annual increases, Vayu automatically creates updated pricing phases when an uplift takes effect.

This helps maintain pricing continuity across long-term contracts while reducing manual operational work for finance and revenue teams.

Enable Auto Price Uplift

To enable Inflationary Uplift:

1. Create or open a contract.
2. Add a subscription product.
3. In the right-hand sidebar, open Pricing Settings.
4. Under Auto Price Uplift, toggle the setting on.