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Business Model Transformation Embrace Value-Based Models For An Advanced Digital Economy
June 3, 2021
by in Latest, SAP Fiori

Business Model Transformation: Embrace Value-Based Models For An Advanced Digital Economy

Digital disruptions are forcing enterprises to consider new ways of remaining relevant to customers; it has become difficult for businesses to grow amid the increasing customer expectations and respond faster to market demands. While many organizations have started their transition into the digital service ecosystem, they remain inefficient to handle the shifts in terms of […]

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Innovate With New Business Models How To Successfully Adjust Your Business Strategy
June 3, 2021
by in Latest, SAP Fiori

Innovate With New Business Models: How To Successfully Adjust Your Business Strategy

In the need to establish their own business models, global enterprises have found a subscription business model to define how they can create, deliver, and capture value. The subscription economy has reduced revenue leakage and provided data integrity and consistent revenue recognition. According to Gartner, a global research and advisory firm, 75% of the organizations […]

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Five benefits of integrating Convergent Charging with your subscription billing system
May 17, 2021
by in Latest, SAP BRIM

Five benefits of integrating Convergent Charging with your subscription billing system

Today’s customers don’t just purchase products, but they subscribe for experiences. Enterprises in rapidly moving markets for services must create additional revenue sources and speed up revenue by introducing efficiently priced models more quickly than competition through maximum compatibility. Organizations can gain customer’s credibility by providing real-time offers, loyalty promotions, and customized offers. For Example: […]

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Why Businesses Need SAP Fiori-Based Plant Maintenance Mobile App to Increase Efficiency
April 8, 2021
by in Latest, SAP BRIM

Why Businesses Need SAP Fiori-Based Plant Maintenance Mobile App to Increase Efficiency?

Start reducing unplanned downtime, maximize operational efficiency, lower costs, and enhance maintenance work efficiency, along with many other benefits. SAP Fiori is more than just a user interface. It is a compilation of cross-device applications and software that enables you to easily share activities on your laptop, notebook, or mobile phone. The user interface provides […]

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SAP BRIM new features 2020 a next-generation roadmap for a flexible business model
April 8, 2021
by in Latest, SAP BRIM

SAP BRIM new features 2020: a next-generation roadmap for a flexible business model

SAP S/4HANA 1909 FPS01 brings a number of new features to SAP BRIM such as updates to Subscription Order Management and Financial Customer Care has been released on S/4HANA for the first time. New SAP BRIM features in SAP S/4HANA Financial customer care Settlement of intercompany invoicing in CI Subscription order management  Financial customer care in SAP S/4HANA for customer […]

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SAP BRIM For Utilities A Fast-Track Transformation Through Recurring Revenue
March 17, 2021
by in Latest, SAP BRIM

SAP BRIM For Utilities: A Fast-Track Transformation Through Recurring Revenue

The utility business sector is undergoing a radical transformation. As their services diversify every day, the business model for power and utilities is changing. A utility service provider—whether it is electricity, water, sewerage, natural gas—should respond to the rapid changes in consumer preferences while maximizing operational effectiveness.   As in any other business in this digital economy, consumer expectations in the utility sector are increasingly complex, competitive […]

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How SAP BRIM ensures frictionless billing & payment for insurance companies
March 16, 2021
by in Latest, SAP BRIM

How SAP BRIM ensures frictionless billing & payment for insurance companies?

Insurance industries handle billions of Dollars of transactions every day. The operational challenges associated with building new capabilities make it difficult for insurers to ideate, plan, deliver, and manage seamless billing solutions. They have outgrown their traditional business models in terms of increased workload, but they still struggle with industry fragmentation, complex payment terms, and […]

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