Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC), the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings. We have also explored how SAP RISE and GROW can enhance and streamline overall implementations.
If You're Using BRIM without RAR, You're Not Seeing the Full Picture!
As companies move into the new year, The Digital Solutions Economy™ (DSE) is continuing to disrupt conventional customer engagement business models by shifting away from one-off sales transactions and toward subscriptions, bundling and multi-faceted relationships. DSE is already transforming many B2C markets and is rapidly making inroads into B2B scenarios as well.
Within the SAP ecosystem, many companies like yours are already turning to Billing and Revenue Innovation Management (BRIM) to handle order-to-cash processes. However, as SAP's Roshni Frisch points out in this podcast, companies hit a point in these projects where they ask "oh, how am I going to do my revenue recognition for this?"
The best approach to optimize BRIM integration for flexibility, compliance and disclosure reporting is to use SAP Revenue Accounting and Reporting (RAR)!
New Video on the Digital Solutions Economy
You have probably already heard terms like “solutions economy” and “subscription economy” but these don’t really capture either the breadth of industry applications that are being disrupted or the full scope of related process changes that are needed to create dynamically scalable and manageable systems for market success.
The Digital Solutions Economy™ (DSE) encompasses much more than just subscriptions and therefore DSE must be approached with a holistic mindset that brings together all of the key process areas to assure success.
The Digital Solutions Economy™ (DSE) is radically changing how companies engage with their customers across many different industries. This Hot-Tip takes a quick look at how DSE impacts cash flow processes and explores both the key trends and the actions you can take to integrate and optimize your end-to-end cash management.
Customers in the Digital Solutions Economy are demanding flexible ordering capabilities that allow them to bundle, price and order solutions and products their way. You need an intelligent platform that gives you the flexibility to meet their needs. With SAP's Intelligent Enterprise in S/4HANA you have a variety of solutions and we can help you sort through which ones make sense for you.
In this webinar we will explore several options including Solution Order Management (SOM), Variant Configuration (VC), SAP Configure, Price and Quote (CPQ) and SAP Sales and Distribution (SD). We will also discuss how you can use other non-SAP tools and integrate them to SAP S/4HANA.
If you are looking to build a customer order platform and need to know which options make sense for you, join our team of experts to learn more.Watch Now!
Webinar: Lessor Accounting and Automated Revenue Management (ARM) are Key for Supporting New Business Models
Lessor accounting, along with integrated revenue management, are becoming more critical with the adoption of the Digital Solutions Economy (DSE) by many companies. It is no longer a viable approach to try using standalone or offline lease accounting methods because the lack of integration with revenue and other accounting processes is too cumbersome to scale or adapt for new models.
Learn how to seamlessly execute full lessor accounting transactions including full accounting for sales type leasing, operating type leases and a decision tool that assists users with evaluating between the two types of leases.
Webinar: Reduce Time to Market and Gain Insights for the Digital Solutions Economy with SAP Automated Revenue Management
The new economy, the Digital Solutions Economy, requires agility, speed and insight.
In this first in a series of webinars on the Digital Solutions Economy, we explored with SAP's Pete Graham, how leveraging cloud-based technology to automate and simplify revenue accounting can reduce the time needed to introduce new offers to the marketplace, provide insights into revenue sources and profitability and drive improved ROI.
If you are moving to a recurring revenue model of any type, you cannot afford to miss this valuable discussion.
Watch our recently recorded webinar on SAP RAR and Optimized Contract Management - Power for the New Digital Economy. SAP and Bramasol team discusses on how SAP Revenue Recognition's Optimized Contract Management can help power you into the Digital Economy.
With powerful features such as day-based calculations, improved inbound processing and new reporting, OCM is the way to go. SAP's product development and Bramasol, the leaders in SAP Revenue Accounting will discuss and present cases for the use of Optimized Contract Management.
Working capital is one of the top tools to manage and improve Cash Flow. With SAP's S/4HANA finance and treasury solutions you can have real-time access to the data and insights you need to improve working capital.
Join Bramasol's Julio Dalla Costa (Director of Technical Accounting) , and SAP's Haresh Chhaya to learn how to target Days Sales Outstanding, Days Payables Outstanding and the Currency Conversion Cycle to pinpoint targets for improvement.
Watch now our recorded webinar on March 30, 2021 - 10 AM PDT / 1 PM EDT if you want to know how you can gain visibility into Working Capital with the world's leading ERP software, you can't afford to miss this.
Automate and simplify your Standalone Selling Price processes with tools from the Leader in SAP Revenue Accounting, Bramasol.
Now that the compliance deadlines are done, firms are seeking ways to Optimize their Revenue Accounting Processes and one of the keys is Standalone Selling Price. Watch now our recorded webinar on March 25, 2021 to hear from experts.
At the heart of Step 4 of the RevRec 5 Step Model, Standalone Selling Price is the crucial component to this process, and we can help you simplify and automate the process while increasing flexibility and scalability.
Hear from our experts on how this tool can benefit your SSP process and reduce the time required to manage it across multiple revenue streams.