Loading...
What is SAP BRIM?
In today’s dynamic business environment, digitalization enables the creation of personalized products and services that must be pushed to market quickly. It is important that the new products with personal pricing models can be created fast in order to quickly offer services and capture fast moving business opportunities for (possibly) a large number of clients.
SAP BRIM (Billing and Revenue Innovation Management) is a modular billing solution for high-volume consumption industries and is used to ease the complex billing and invoicing process. It enables flexible consumption models and is used in different industries like telecommunications, financial services, utilities, media, logistics and public transport.
With the SAP BRIM solution, customer requirements can be implemented better and faster, and high data volumes can be processed with high efficiency. SAP BRIM simplifies the entire process of selling products and services and revenue sharing in the most effective way. SAP BRIM allows companies to design and tailor their pricing models and to create targeted products and services based on customer needs. Also, SAP BRIM offers the possibility of real-time pricing.
SAP BRIM / Hybris Billing provides flexible different options to the customer for automating the invoice process. SAP Hybris Billing provides an automated way of managing billing and ordering processes from the cloud.
Following are the key features covered under the SAP Hybris Billing / Revenue capability
key features of SAP BRIM module
With SAP BRIM service providers can bring innovative pricing offers to market faster than the competition with an intuitive user interface that requires zero coding.
Marketing and sales are empowered to craft pricing models that reward loyalty, offer partners flexible terms, and ensure accurate settlement.
Finally, operations can consolidate pricing for multiple services and multiple lines of business on a single, high-performance platform that dynamically scales to extreme transaction volumes with 99.999% high availability.
SAP BRIM (Billing and Revenue Innovation Management) is a modular billing solution for high-volume consumption industries and is used to ease the complex billing and invoicing process. It enables flexible consumption models and is used in different industries like telecommunications, financial services, utilities, media, logistics and public transport.
With the SAP BRIM solution, customer requirements can be implemented better and faster, and high data volumes can be processed with high efficiency. SAP BRIM simplifies the entire process of selling products and services and revenue sharing in the most effective way. SAP BRIM allows companies to design and tailor their pricing models and to create targeted products and services based on customer needs. Also, SAP BRIM offers the possibility of real-time pricing.
SAP BRIM Components
The solution comprises four core components:
SOM, Subscription Order Management
SAP BRIM, subscription order management is an integral part of the end-to-end SAP BRIM solution. It is a business process developed in SAP for the purposes of addressing generation of fees for periodic usage of rights and the consumption of fees for the actual amount of measurable usage. It is built as an additional function relying on the SAP CRM backbone. As of SAP S/4HANA 1909, it has been folded into SAP S/4HANA.
SAP BRIM, subscription order management is the starting point for SAP BRIM as it manages contract lifecycles and product catalogs, including bundles of services and physical goods. Once these activities are done, SAP BRIM, subscription order management, creates orders that are then fulfilled by the core SAP ERP system. The order information is then passed to the next component, SAP Convergent Charging, for charging/rating defining and processing.
Once these activities are done, SAP BRIM, subscription order management creates orders that are then fulfilled by the core SAP ERP system. The order information is then passed to the next component, SAP Convergent Charging, for charging/rating defining and processing.
Together these components help in the management of business model design; perform order management; track usage metering and transaction pricing, billing, and invoice processing; manage receivables and payables, royalties, and commissions; and provide support for financial customer care.
SAP BRIM also offers peripheral solutions such as SAP Convergent Mediation by DigitalRoute, SAP Flexible Solution Billing, SAP Revenue Accounting and Reporting, and SAP Entitlement Management, which are implemented as needed per business requirements and complement the core SAP BRIM solution.
