There are two available term options for New Commerce Experience: Monthly Subscriptions With the NCE you will have the ability to purchase your Microsoft 365 licenses on a monthly basis without an annual commitment. Microsoft is now offering this to provide flexibility to customers that need to make monthly changes to their Microsoft 365 or Office 365 licenses plans and seat count. Licenses may be added or decreased at the end of each month’s term. This subscription does come at a 20% price premium increase. Annual Subscriptions With an annual subscription, you are committing to a 12-month term in which you can increase your licenses at any time but can only decrease licenses at the end of the term. This option comes with a 20% discount for the entire 12-month term with monthly and annual billing options. Multi-year Subscriptions Multi-year subscriptions will be available at a future date.