Organizations know the importance of having a smooth-running ERP system as it determines the overall efficiency, profit, and quality of their business. Similarly, for the sales and accounts department, it is imperative to have a system that meets the end-to-end sales processes that will help drive the revenue of the organization. Quote-To-Cash is an automated […]
Subscription and usage-based business models are flourishing like never before and are considered the ultimate choice for monetizing services to enhance revenue for any service or product-based business. SAP BRIM offers the solutions for such business models with agility and scalability. A usage-based billing model involves charging customers based on the units of a product […]
Subscription billing model is reshaping several industries such as telecommunications, public transport, entertainment, and food services. SAP Subscription Billing is a cloud-based solution that makes it easier to monitor, evaluate, and analyze recurring and subscription-based billing data and customer relationship management. SAP Subscription Billing gives flexibility to companies of all sizes to offer subscription services […]
With over 90% of Fortune 500 companies using Microsoft Azure and SAP, the two technological giants seem to have a solid understanding of their 25-year relationship to ensure customer success. SAP offers key services for financial, human resources, and global commerce business operations. In today’s corporate world, the challenges of adaptability include more expenses, new […]
Organizations today are providing subscription services to provide their consumers with more exciting offerings. As this business service speeds up, organizations need to know not only what are entitled to their consumers, but how they use their entitlements. In an increasingly digital environment, our everyday lives change tremendously, both the products, services offered by enterprises […]
The current global business trends have radically expanded online involvement for purchases and transactions. And with its rising popularity, companies are seeking software solutions that can offer an overall aid for their business. The acceptance for ecommerce platforms has shot up drastically in the past few years and SAP brings in a multitude of benefits […]
With the COVID-19 pandemic, our lifestyles and choices are gradually moving toward digital platforms. Consumers seek the effective option of opting for flexible and efficiently packaged products. Customers want to have the ability to define how much they consume. This creates a transition to the subscription business model in all the major industries. This change […]
Businesses nowadays are expecting end-to-end solutions for all working capital utilization and not only discussing payments, receivables, and assets but also about the whole business operations. Order to Cash has overtaken accounts receivable for the cash process. Companies want solutions that elevate cost reductions to greater effects. Implementing automation may be a difficult process. Indeed, […]
Global businesses are investing millions of Dollars for transforming their business models, to operationalize the business process in real-time. Companies communicating with customers online in real-time, utilizing IT and AI learning to become even more intelligent. However, accounts receivables teams still handle bills, send mail, acquire paper cheques and other payments, and balance funds. This […]
With the commencement of subscription and usage-based business models, there has been a radical change in the way businesses perform. As you run a subscription business, it is imperative to invoice subscribers regularly, configure new pricing plans, and handle churn. In this new, complex business environment, along came the involvement of mass data and other […]
