SAP BRIM
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SAP BRIM: An Overview and Key Considerations
What Is SAP BRIM?
SAP BRIM (Billing Revenue Innovation Management) is a modular application designed to support business activities and high-volume transactions associated with SAP customers’ billing and revenue processes. SAP BRIM, formerly known as SAP Hybris Billing, consists of four core components: Subscription Order Management, SAP Convergent Charging, SAP Convergent Invoicing, and Contract Accounts Receivable and Payable.
Organizations can leverage SAP BRIM as the component of a solution within SAP S/4HANA or as an integrated standalone module with SAP S/4HANA. The SAP Business Suite is also required to run SAP BRIM. Additionally, SAP recommends implementing the latest release of SAP Business Suite with SAP HANA Enterprise Cloud.
SAP BRIM: An Overview and Key Considerations
What Is SAP BRIM?
SAP BRIM (Billing Revenue Innovation Management) is a modular application designed to support business activities and high-volume transactions associated with SAP customers’ billing and revenue processes. SAP BRIM, formerly known as SAP Hybris Billing, consists of four core components: Subscription Order Management, SAP Convergent Charging, SAP Convergent Invoicing, and Contract Accounts Receivable and Payable.
Organizations can leverage SAP BRIM as the component of a solution within SAP S/4HANA or as an integrated standalone module with SAP S/4HANA. The SAP Business Suite is also required to run SAP BRIM. Additionally, SAP recommends implementing the latest release of SAP Business Suite with SAP HANA Enterprise Cloud.
Key capabilities in SAP BRIM include:
- Manage multiple billing and invoicing types for varied charging formats, including one time, recurring and usage-based charges.
- Consolidate multiple account billing streams with single-invoice billing.
- Enable complex discounting.
- Achieve flexible document management with a self-service offering for streamlined business communications in both digital and hardcopy formats, including bank statements, bills, invoices, and receipts.
- Support revenue sharing and partner settlement agreements.
- Scale customer insights with the collection, enrichment, and management of usage and event data.
- Enable simple invoice modification and customization to address specific business needs.
- Leverage subscription-based order management system to track and automate subscriptions.
SAP organizations of all sizes are implementing SAP BRIM to manage the solutions of the business lifecycle responsible for business model design, usage trackage, and billing information. This is critical to enable complex billing and invoicing processes across industries like telecommunications, financial services, utilities, media, logistics, and public transport, providing increased flexibility around consumption models.
Key Considerations for SAPinsiders
Global commerce is constantly evolving, forcing organizations to update business models rapidly.Digitalization and globalization represent core catalysts for the current fluid and complex operating environment, requiring organizations to support modern billing solutions to compete. Integrating a subscription model with the product or services go-to-market strategy opportunity can support how customers consume products, goods, and services in today’s marketplace. Organizations can implement flexible payment options and entitlements with SAP BRIM to reach a diverse customer base.
SAP BRIM helps businesses improve how they meet customer requirements. Organizations can support real-time pricing for products and services in SAP BRIM. Intelligent billing capabilities are designed specifically for today’s multichannel business environment to leverage customer data for building customer engagement.
Leverage usage and events data to support customer growth. SAP BRIM is capable of helping companies process large amounts of data and enabling a more streamlined process to create custom pricing models that meet the needs of their customers. According to SAP, SAP BRIM helps customers “gain new revenue-generating insights into customers’ buying behaviors to drive more personalized customer engagement and maximize company profitability.” Organizations can determine which customers are most profitable, identify new revenue sources, and create revenue-generating opportunities across multiple channels and track performance metrics in real time.
13 results
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- SAP BRIM
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Case Study: How Spectrum Reach is Enhancing Customer Satisfaction Through SAP BRIM for Billing and Invoicing
Click Here to View Session Deck The existing IT landscape consisted of various unconnected systems, making integration complex. A thorough analysis was conducted to ensure seamless connection between SAP BRIM and these legacy systems. Custom data transformation rules were developed to facilitate smooth data flow and maintain functionality across all platforms. Moving a massive amount...…
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End to End Subscription Order Processing with SAP BRIM and RAR- Demo
Unlock the secrets of Revenue Recognition for Subscription-based businesses with our comprehensive Sales Demo.
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Digital Solutions Economy – Oil, Gas and Energy Sector
Reading time: 4 mins
Get an overview of how Digital Solutions Economy is impacting the Oil, Gas and Energy Sector.
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Bramasol helps Discovery Inc, a Global Leader in Real Life Entertainment to Automate Lease Accounting Disclosure Solution
Reading time: 1 mins
Read the case study and learn how Bramasol helped Discovery Inc to achieve scale and high performance.
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Quote-to-Cash Success with Use Case Implementation Scenarios
Reading time: 4 mins
In this ongoing series about the Digital Solutions Economy™ (DSE) previous episodes have focused on DSE for specific industry segments such as DSE in telecom, media, electronics, medical devices, software/SaaS, semiconductors, transportation, energy, and utilities.
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- SAP BRIM
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Revolutionizing Revenue with SAP BRIM: Navigating the Subscription Economy Landscape
Reading time: 4 mins
Unlock the Future of Revenue Management with SAP BRIM: In the evolving landscape of subscription and usage-based services, SAP Billing and Revenue Innovation Management (BRIM) emerges as a pivotal solution for businesses. This article explores BRIM's proficiency in handling recurring revenue models through flexible consumption models, addressing everything-as-a-service (XaaS) challenges across diverse industries. Discover how…
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Improving AR and Data Processing for a More Flexible and Seamless Customer Experience
Reading time: 1 min
Spectrum Reach chose to work with SAP because of its proven solutions for AR and partner with M&S Consulting for its ability to deliver in complex environments and its deep-level billing and revenue experience. Download the Complete Case Study Spectrum Reach Improving AR and Data Processing for a More Flexible and Seamless Customer Experience
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- SAP BRIM
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Grow Recurring Revenue with SAP
As competitors rapidly introduce new business and sales models in the marketplace, it is imperative that organizations look ahead, especially when it comes to modernizing their processes, strategies and tools. During this interactive session, we will present compelling use cases, deployment options, and the advantages that organizations have experienced with SAP BRIM + RAR. In…
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Bramasol – Streamline Your Quote to Cash Process with SAP
Welcome to this series of demo videos where we will explore the optimization of Quote to Cash processes using SAP solutions. Quote to Cash is a critical business process that includes multiple steps such as quoting, pricing, order management, billing, and revenue recognition. Inefficient and error-prone processes can lead to lost revenue and decreased customer...…
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Bramasol – De-mystifying SAP`s Subscription Management Solutions
In this webinar, you will learn about several tools SAP has to help companies manage subscription plans and models. You will hear from SAP BRIM expert, Navneet Bal, about SAP Subscription Billing, Subscription Order Management and Sales and Distribution and gain insights into key decision factors for picking the right one for your business model....…
Featured Insiders
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Heidi Zhao
Director Global Solution management, SAP
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Srikanth Tulasi
Senior Manager , PwC
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Derek Maak
Deloitte
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