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)!

As we near the end of yet another tumultuous year and acknowledge that even the best predictions do not always align with how reality unfolds, it is still a good opportunity to look ahead at some of the key trends that are most likely to have big impacts on 2022.

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

As discussed in previous blog posts, the 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 also rapidly making inroads into B2B scenarios as well.

This new installment in our on-going DSE series focuses on the overarching issues regarding how DSE is radically changing the nature of data flows that must be handled while at the same time driving up the importance of real-time responsiveness.

These impacts on data levels and flows can be grouped into four key dimensions of Volume, Velocity, Density, and Complexity.

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.

Join experts from SAP and Bramasol as we highlight how the Digital Solutions Economy has impacted Cash Management, Banking and Accounts Receivable in profound ways. 

With S/4HANA --- Revenue Accounting, Contract Management and Inbound Processing have been optimized for better performance and improved functionality. The optimized version provides additional features, such as day-based contract modifications, FIORI coverage and HANA based disclosure reporting.

Join team Bramasol and SAP Product Development for a discussion of how SAP Revenue Recognition’s Optimized Contract Management (OCM) can help power you into the Digital Solutions Economy (DSE). With powerful features mentioned above, OCM is the way to go. Team Bramasol and SAP bring together elements and tips & tricks from true world experience for moving you from your ECC RAR platform to the Optimized Contract Management platform.

Membership-based business models in the Digital Solutions Economy are increasingly taking hold in all kinds of industries, including Media, High-Tech, Software, Automotive, Transportation, Manufacturing. Even in economically difficult times, they provide stable and reliable revenue streams.

Whether you are moving to a subscription-based or other outcome-based model, you need to understand all the key holistic process elements that must mesh smoothly for a successful offering that is agile, scalable and profitable. By working with a partner that has the experience, expertise, and vision to put all the pieces together for your specific industry needs, your DSE offerings will transform your business and meet the needs of your customers.

This new installment in our on-going series on The Digital Solutions Economy™ (DSE) focuses on the key role that embedded analytics plays in overall DSE success.

How do you get better visibility and control over what your customers are entitled to?  We have the answer.   

Join Bramasol and SAP to learn about how SAP Entitlement Management is designed to help you manage all aspects of Entitlements in the Digital Solutions Economy. 

We will share how SAP EM helps manage the entire lifecycle of an entitlement, tracks how customers consume their entitlements and provides deep analytics to help provide insights on a variety of dimensions.