SAP BRIM (Billing and Revenue Innovation Management) is a modular billing solution for high-volume consumption industries and is used to ease the complex billing and invoicing process. It enables flexible consumption models and is used in different industries like telecommunications, financial services, utilities, media, logistics and public transport.
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SAP BRIM allows companies to design and tailor their pricing models and to create targeted products and services based on customer needs.
Also, SAP BRIM offers the possibility of real-time assessing Prices.
SAP BRIM Features
Conclusion : VTS Has proven track record to Analyze business requirements, Advise best solutions and Implement tailored Solutions for customer needs
SAP BRIM is a powerful solution used in managing subscriptions and other recurring revenue sources. It is especially useful in high-volume billing environments that require flexible product configuration and a fast time to market. SAP BRIM helps in the management of business model design, it performs contract and order management, billing, and invoice processing. It manages receivables and payables and provides support for financial customer care. SAP BRIM provides flexible options to automate the invoicing process.