When and where do companies implement Account Hierarchy?
From large conglomerates to SMBs, teams are dispersed across locations, job functions and have become a norm in today’s globalized economy. But there are overlaps in the tools the members from different teams or even locations use within a single organization.
For example - let's assume that you own a project management tool which is largely an open solution that can be used by many teams within a single org, like an engineering team and a design team from the same org may find it ideal but for largely different reasons. Though both these teams have their own subscription for the tool, the buck stops at the same finance team who’ll authorize the transaction for both these subscriptions.
As the business owner of the project management company, it’ll make more sense for you to raise a single invoice to the billing contact regardless of multiple subscriptions. This will reduce potential confusion in payments, invoicing, billing cycles.