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Author's profile photo Elizabeth Milne

SAP S/4HANA Move for Finance Blog series #10 of 15 Increase Revenue by Establishing Service-Based Business Models with SAP S/4HANA

Thank you for joining our SAP S/4HANA Finance Move blog series breaking down the Webinar Series for Finance Professionals

In this on demand webinar, hosted by Heidi Zhao, Director – Global Solution Management, Solution Owner Billing Revenue Innovation Management at SAP, learn how to increase your revenue by monetizing subscription and usage-based business models with SAP S/4HANA and SAP Billing and Revenue Innovation Management (BRIM) solutions. Improve the transparency of your entire quote-to-cash process with scalable, flexible, and highly automated software for billing, invoicing, and revenue management.

Here’s the agenda Heidi will cover:

  • Market Trend​
  • New challenges for the modern CFO ​
  • The new world of Billing and Revenue Innovation Management with SAP S/4HANA​
    • Customer-Focused Order and Financial Management & Care​
    • Holistic Management of Recurring and Usage-Based Revenue​
    • Convergent Invoicing brings it all together​
  • The ideal world of Service and Subscription with additional accelerators​
    • Rating & Charging | Flexible Monetization Modeling​
    • Mediation | Real-Time Data Flow Management​
    • digital payments | Simplified and compliant integration for digital payment services​
  • Summary

Additionally, here are some of the questions and answers from our live session:

  1. Is BRIM replacing conventional SAP SD solution by 2022?
    BRIM will not replace SD. BRIM focuses on digital and bundle and SD logistic physical delivery
  2. Does BRIM bundle RAR solution too? If yes how would this new solution will help to an existing customer that currently uses RAR?
    BRIM integrates with RAR seamlessly together. we have lots of customers use both BRIM , RAR (revenue accounting reporting ) together
  3. Is BRIM a Cloud based solution or available on premise too?
    We have Public cloud solution – Subscription Billing (SB) and Private Cloud/on Prem solution BRIM. They are two different products focused on different customer groups. SB focuses on simple subscription and medium volume, BRIM focuses on high volume complex contract.
  4. Can I still go (Finance and Contract Accounting) FICA if I am B2B?
    Certainly, FICA also can handle complex B2B scenarios.
  5. What is the best place to master subscription products data as SAP (Master Data Governance) MDG is more focused towards materials?
    In the BRIM solution it is in the Subscription Order Management, also integrates with SAP (Master Data Management) MDM

For a complete outline of our on demand series check out www.sap.com/move-finance

SAP S/4HANA Move for Finance Blog series

#01 of 15 Why Finance professionals should move to SAP S/4HANA

#02 of 15 Join the Finance Transformation – Learn How SAP S/4HANA Finance Will Help You Move Forward

#03 of 15 Learn Why it is Beneficial for Finance to Move to SAP S/4HANA

#04 of 15 SAP’s Unique Formula for the Finance Function of Tomorrow

#05 of 15 See How the New Intuitive SAP S/4HANA User Experience Improves Productivity

#06 of 15 Learn How to Manage the Move to SAP S/4HANA Most Effectively

#07 of 15 Establish Trust Across the Financial Close

#08 of 15 See How SAP’s Finance Platform Has Evolved Beyond Accounting, Supporting the End-to-End FP&A

#09 of 15 Increase Customer Satisfaction and Process Efficiency in Receivables Management with SAP S/4HANA

#10 of 15 Increase Revenue by Establishing Service-Based Business Models with SAP S/4HANA

#11 of 15 Establish an Integrated and Centralized Treasury and Working Capital Management

#12 of 15 Streamline and Automate Financial Shared Services with SAP S/4HANA

#13 of 15 Manage Indirect Tax Consistently and Cost-Effectively with SAP S/4HANA

#14 of 15 Manage Governance, Risk, Compliance (GRC) and Security with SAP S/4HANA

#15 of 15 Learn How SAP S/4HANA Can Support Finance Professionals to Join Enterprise Transformation

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      3 Comments
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      Author's profile photo Venkata Singanamala
      Venkata Singanamala

      Excellent info and thanks for sharing

      Thanks

      Venkat

       

      Author's profile photo AMIT Lal
      AMIT Lal

      Hello Elizabeth,

      Nice Blog! Question, Can oCFO and BRIM work together in one S/4HANA Enterprise mgt. for on-premise solutions. Thank you!
      Amit

      Author's profile photo Elizabeth Milne
      Elizabeth Milne
      Blog Post Author

      BRIM is part of SAP S/4HANA, so yes. For more technical questions, please reach out to heidi.zhao@sap.com