Digital technologies pave the way for more service orientation, new digital possibilities and business opportunities. To make the most of it, companies need new billing models.
SAP BRIM offers comprehensive functionalities spanning subscription and order billing, flexible pricing, automated and convergent invoicing, and personalized payment processing to establish digital business models and optimize new processes.
The component ‘Contract Accounts Payable and Receivable’ (SAP FI-CA) includes a subledger which was specifically developed for industries with a huge customer base and subsequently a lot of billing processes involving mass data processing. Therefore, SAP BRIM is ideal for industries like insurance, utilities, telecommunication, media as well as the public sector.
Example: Energy and utilities
Energy and utility providers need to be able to offer more than just electricity, gas and water. Usage data are transferred and billed through smart metering systems in almost real time. It can be differentiated between on-peak and off-peak usage because time stamps and current type are also transferred to BRIM.
Rent, lease and share
There’s almost no product or service that can’t be rented. This business model is ideal for BRIM’s customer-specific billing capabilities. With BRIM, rental companies can bill their services in real time or based on usage data collected by sensors.
For example, if a customer rents an excavator plus driver, the rental company can equip the excavator with a sensor collecting usage data. These data are sent to BRIM and billed in the system. Furthermore, the need for maintenance can be evaluated in real time.
Individual billing
Thanks to its high flexibility and modular adaptability, SAP BRIM is ideal for internet or collaboration platforms and startups. Companies wanting to tackle digital transformation will find even more use cases for BRIM, for example switching from a traditional hardware-focused business to a digital service provider.
Furthermore, BRIM is useful for procurement platforms because it simplifies billing for both B2B customers and individual users.
Industries
- Telecommunication: billing of prepaid and postpaid products, calls, text messages, internet
- Sharing economy: time-based rentals of cars, motorcycles, bikes, scooters, and more
- Road tolls: automatic billing of road tolls based on traveled kilometers
- Software licenses: billing of software licenses with different subscription models – e.g. one-time free trials, monthly/yearly subscriptions
- Online memory is cloud memory: differently priced subscriptions billed based on contract terms and memory size
- Public transport: one-way tickets and monthly/yearly subscriptions for trains and buses can be billed in BRIM
- E-mobility: charging station
Benefits of SAP BRIM at a glance
- Shorter time to market for products based on subscriptions and usage-based services and physical products combined with services
- flexible processing of revenue share models
- realization of hybrid prepaid, postpaid and pay-as-you-go business models
- rule-based, intelligent automation of invoicing and accounting processes
- automated and highly efficient processing of high data volumes
- high levels of transparency of the entire billing chain, from initial usage to invoicing