SAP Subscription Billing based business models for the year 2020. A lot of industries across the world are extending their business models by adding subscription options to their offerings. Whether you sell products or services, subscription billing makes it feasible for your customers to make choices based on their convenience and budget thus allowing them to utilise your services in a much better way. One of the greatest benefits of choosing Subscription billing for your business is the ease that it gives to the customers so that they do not have any trouble in coming to a decision of what to buy, when to buy and how are they going to manage the budget for it.
Well, when your customer buys any of your service or product and go for subscription-based plan, they will have a choice of paying through recurring paying method which is the most feasible and budgeted way to own anything that they are looking for. Why SAP Subscription Billing? 1. 2. 3. Faster delivery and more effective experience for your customers with SAP subscription Billing! 4. 5. Artificial Intelligence Future – How’s AI changing the world Rapidly. Artificial Intelligence, also known as AI, is one of the most rapidly growing technologies today and “it is going to change the world more than anything in the history of mankind” – AI oracle and venture capitalist Dr.
Kai-Fu Lee, 2018. Artificial Intelligence Future If we talk about present time, there is no industry and no human being whose life has not been impacted by AI in some or the other way. Artificial intelligence can be considered as the major driving force of the latest and emerging technologies like big data, robotics and IoT, and in the future also, we are sure that it will continue to be an important contributor and technological innovator for the predictable future.
“Everything we love about civilization is a product of intelligence, so amplifying our human intelligence with artificial intelligence has the potential of helping civilization flourish like never before – as long as we manage to keep the technology beneficial.” Future Expectations of AI technology – SAP Innovations Witnessed by industries in 2019, What's new in 2020? SAP is the new age technology and calling it as one of the most intelligent, yet simplified technology of the last decade couldn’t be wrong! From digitally transforming a lot of businesses to giving them an entirely new face for the customers, SAP has truly been a technology that has changed the business game for many in the past years. As 2020 is already here, many businesses involved in big data spaces are eager to understand and grab upon the next set of SAP Innovations and latest technology trends that this new year has got in for them. Measures to achieve organisation’s bigger goals, transforming and redefining business strategies to offer significantly better customer experience, and focusing on the latest trends to remain ahead of the competitors are a few points that every business promises to follow while at the starting of a new year. 2020 is no different when it comes to enhancing the business and following the latest tech trends. 1.
Health Care 2. Agriculture 3. 4. 5. 1. 2. 3. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Introduction to SAP BRIM SAP BRIM, also known as SAP Billing and Revenue Innovation Management, is basically a high-volume usage-based solution that is mainly designed to ease the complex billing an invoicing process. Generally, it is used in industries like energy, telecom, utilities etc. but its usage in other similar areas is also increasing rapidly. Let’s talk about a few real-life examples to understand what SAP Billing Revenue Innovation Management or what we call it ‘SAP BRIM’ is!
We all use credit cards. Right? The credit cards that come with a predefined credit limit. Have you ever wondered what helps them know that you have exceeded the credit limit for this month? Innovation Management or BRIM is a basically an end-to-end cross-industry solution that is a combination of SAP Sales Order and Management, SAP Convergent Charging, SAP Convergent Invoicing and SAP Customer Financial Management.
The Transformation of SAP BRIM / SAP Hybris Billing – Practical Use Case 1 – Why CPQ integration with CLM is a better idea for business? SAP CPQ is one of the best sales configuration systems that any business can use to ease the complexity of selling solutions that feature multifaced combinations. Choosing CPQ can streamline and automate the selling process so that you deliver a solution that perfectly matches the requirement of your customers. SAP CPQ is designed with a purpose that can help users to automate and accelerate the sales cycle.
While combining products, there is a possibility that you might have to deal with product combination complexities. Simplify this entire process with the help of robust configuration tools that SAP CPQ provides and give your user the advantage of defining component requirements, analyzing functional specification, combing various solution components, and settling interdependencies. Why CPQ and CLM could be better together? 1. 2. 3. To take action ensuring contracts are renewed correctlyFollow-ups on upsell suggestions are provided by an AI-enabled CPQ 4. 5. Salesforce Netsuite DocuSign. SAP Entitlement Management Key features and Benefits - Acuiti Labs. Why is SAP Entitlement Management important for a business? In this world of ever-changing technologies and rapidly growing businesses, it has become important to remain prepared to deal with any complexity that might occur in the way. Being a business, you cannot be confined to just delivering the product or software to the customers and consider transaction to be completed.
Rather, businesses today have entered a new era of selling where new experiences are being introduced to the market and the customers rapidly. Subscriptions, bundling and embedding software/services together along with the products are being provided by the businesses so that the customers get better and attractive deal. Gone are the days when companies had their focus only on physical products. What is SAP Entitlement Management? With SAP Entitlement management, you can create innovative and advanced business models and solution bundles to meet the requirements of the all the time more smarter customers.
Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs. In today’s competitive world, customers demand products/solutions which are readily available and can be tailored to their specific business needs. Fast-growing industries like retail, telecommunication, logistics, utility, media, hospitality, manufacturing, and digital media need business systems that support their multi-fold growth and eliminate challenges like: Managing a growing customer base consisting of high volumes of transactionsHandling diverse credit rating classes to minimize outstanding debtAbility to handle multiple payments with business process workflowsComply with complex national and international regulations This is where SAP BRIM (Billing and Revenue Innovation Management) solution comes into the picture to manage the entire consume-to-cash business processes which include rating and charging of services (Convergent Charging) to creating invoices of services delivered (Convergent Invoicing) and handling payment collections (Customer Financials Management).
All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs. SAP Entitlement Management Key features and Benefits - Acuiti Labs. Artificial Intelligence Future – How’s AI changing the world Rapidly. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs.
SAP S/4HANA is SAP’s next-generation business suite which is specially designed to run on SAP HANA. S/4HANA was launched in February 2015 and is the fourth business suite version that came after SAP R/3. It is the only unique business suit that is compatible with SAP HANA system at its backend and just because of this unique feature, SAP has replaced the old SAP ECC/ERP system with SAP HANA. Still, S/4 HANA is based around its successor i.e. ECC (ERP Control Center) solution and considers it as its core technology. SAP S/4 HANA can also be known as the latest Enterprise Resource Planning (ERP) solution with following special features.
Streamlined dataEasy to understand tool designingAgile and easy to useCapable of performing complex calculationsCapable of handling huge dataOn-premise or on-cloud deploymentCan also be deployed as a hybrid system S/4 HANA is super-fast when it comes to the retrieval and processing of data in real-time. SAP HANA Deployment options – Choose from them wisely. SAP Entitlement Management Key features and Benefits - Acuiti Labs. Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. SAP Innovations Witnessed by industries in 2019, What's new in 2020? SAP Entitlement Management Key features and Benefits - Acuiti Labs. Learn How SAP Marketing Cloud can help in Data Protection Regulations. In the era of ubiquitous computing where even your home appliances can contact the service centers and open a maintenance request on your behalf, data of all sorts is getting generated in gargantuan proportions.
This might sound like a boon to businesses and marketers as it provides a lot of data and information to be fed into analytics engines and generate valuable insights into most sought after KPIs like customer behavior and loyalty management. However, this boon also comes with significant responsibilities for maintaining the sanctity and privacy of this data which might be personally identifiable information of your customers as well as employees. In the wrong hands it can prove to be very damaging for the customers and in turn to the reputation of the companies who store such data.
Regulators and governments have also identified the importance and the risks of such data leaks. 1. Below are the 2 types based on the communication direction: A. B. 2. 4. Summary. Artificial Intelligence Future – How’s AI changing the world Rapidly. Artificial Intelligence Trends to watch out in 2020. What experts say? Just like 2019, 2020 is going to be a yet another big year for Artificial Intelligence. Though AI is amongst the least predictive industries and we cannot commit anything based on it, still based on what happened in 2019 we can make a few assumptions for 2020’s AI game.
There are some really big technologies that have already made their way in 2020 and, if everything went just like what the experts are saying, this year is going to be super exciting for AI. Advanced Improvements in Predictive texts it’s been quite a while since predictive text came into picture and this is a fact that we all have experienced the importance to text predictions in our lives at-least once in a while. Combination of predictive text with Artificial Intelligence could be really exciting as it can help the users in speeding up the writing process to a great extent which will not only save time but will also provide accuracy.
AI Evolutions for Computer Graphics Advancements Improved and Efficient Marketing teams. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. SAP Billing and Revenue Innovations Management (SAP BRIM or aka Hybris Billing) has undoubtedly brought a revolutionary change in traditional billing method. It’s been designed with a purpose of simplifying the complex and high-volume billing and invoicing processes by combining multiple different streams to generate a single bill as an output. Not only simplifying, but SAP BRIM has helped in making the complete billing process more transparent, flexible, agile and highly efficient. It also allows for very effective revenue management processes. Key Benefits of choosing SAP BRIM for your Business There are various benefits of using SAP BRIM including Cloud deployment, innovating business model, supporting subscription and usage-based model and offering multisided revenue models for partners.
SAP Billing (BRIM) Accelerators – Acuiti Labs have developed several accelerators based on the SAP Billing or SAP BRIM platform. Why choose SAP BRIM accelerator for your business? Acuitipay Overview. SAP Subscription Billing based business models for the year 2020. Learn How SAP Marketing Cloud can help in Data Protection Regulations. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs. SAP CPQ integration with SAP CLM: Why this is a better idea for your business? - Acuiti Labs. Artificial Intelligence Future – How’s AI changing the world Rapidly. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs.
Contract Lifecycle Management for Business Benefits - Acuiti Labs. Contract activity is an essential business aspect that requires proper management during the complete cycle. SAP Contract Lifecycle Management (CLM) service is a practical and systematic way to manage the entire contract lifecycle right from initial stage, through award, agreement and renewal (if required). A few advantages of using CLM for your business includes simplifying sourcing and procurement processes, accelerate compliance with negotiated terms, and enhance competitive advantage. Contract activity is an essential business aspect that requires proper management during the complete cycle. SAP Contract Lifecycle Management (CLM) service is a practical and systematic way to manage the entire contract lifecycle right from initial stage, through award, agreement and renewal (if required).
A few advantages of using CLM for your business includes simplifying sourcing and procurement processes, accelerate compliance with negotiated terms, and enhance competitive advantage. 1. 2. 3. 4. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs. SAP CPQ integration with SAP CLM: Why this is a better idea for your business? - Acuiti Labs. Artificial Intelligence Future – How’s AI changing the world Rapidly. SAP Entitlement Management Key features and Benefits - Acuiti Labs. Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs.
Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. When it is about safeguarding your home or other similar premises, security camera is the first thing that strike our minds. We all know that one and the most obvious reason to choose these cameras is to remain cautious about any suspicious activity that might occur in the range of the cameras and ensure 100% safety. A lot depends on the quality of the security camera that you use and what is the purpose of using that camera.
The camera requirement can also vary based on its usage. Some might use it to keep a check of the family members or pets via mobile phone, others might just need to talk to a visitor that has come home in their absence. But the ultimate requirement is to be aware of what’s going on there when you are not physically present. However, not all the connected cameras are cloud controlled and smart enough to identify the difference between what’s suspicious and what’s not. Captare – Not just Camera, but combination of Camera & Sensor How does this Security Device work? SAP CPQ integration with SAP CLM: Why this is a better idea for your business? - Acuiti Labs. 'Quote to Cash' can help you turn your business game - Acuiti Labs. If you think about the most important business processes today, ‘Quote-to-Cash’ is certainly at the top because it is through the quote to cash process only that you can make driving revenue for your organization easy.
You would never want to miss your potential customers by leaving any minor faults in the sales process as being a business, converting a prospect into a satisfied and happy customer is what really matters and this is followed by strong partnership and ongoing trust between you and your customers, right from sales to service. Understand the quote to cash flow – 1. Pricing: Pricing in ‘Quote-to-cash’ terminology, is understood as a set of rules that decides the most appropriate and suitable price of a deal. The correct price, but to drive revenue and win customers, you also have to identify the appropriate discounts, promotions and incentives. 2.
When you create the most appropriate combination of products and services, it is termed as configuration. 3. 4. 5. 6. 7. 8. 9. Acuiti Labs at Mobile World Congress (MWC) – Experiences and Insights - Acuiti Labs. Acuiti Labs recently participated in the Mobile World Congress (MWC) which took place from Monday 25th to Thursday 28th February, in the events center La Fira, Barcelona, Spain.This event brought leading-edge technologies from more than 2,400 leading companies from all around the globe together, all which displayed innovative solutions for a wide range of audiences from tech, automotive, manufacturing, publishing and marketing backgrounds.The most talked about tech during this event was Artifical Intelligence (AI) and 5G.
Acuiti Labs’ Products at MWC Our technical team presented two unique products of our own which received an overwhelming response from the crowd at MWC 2019: Acuiti Video PlayerCaptare What are these products, and how do they work? 1) Acuiti Video Player First of its kind, an Artificial Intelligence enabled video player. Features which distinguish the Acuiti Video Player from any other video player in the market: 2) Captare Security Our favourite products at the event. Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. SAP Innovations Witnessed by industries in 2019, What's new in 2020? SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs.
All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Most Exciting Artificial Intelligence Trends to watch out in 2020. What does experts say? - Acuiti Labs. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. Top 5 reasons why 2020 is the year for SAP subscription billing-based business models - Acuiti Labs. Artificial Intelligence Future – How’s AI changing the world Rapidly. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Business Benefits of using Contract Lifecycle Management (CLM) Software - Acuiti Labs.
Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. Learn about 7 Industries that are impacted by IoT Solutions. Artificial Intelligence Future – How’s AI changing the world Rapidly. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs. Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs. SAP Entitlement Management Key features and Benefits - Acuiti Labs.
All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuiti Labs. All that you need to learn about SAP S/4HANA and its deployment options - Acuiti Labs. Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. Artificial Intelligence Future – How’s AI changing the world Rapidly. Transformation of SAP BRIM to SAP Hybris Billing - Acuiti Labs.
Cloud Connected Security Camera ‘CAPTARE’ - Best investment to keep your premises safe - Acuiti Labs. 'Quote to Cash' can help you turn your business game - Acuiti Labs. SAP Entitlement Management Key features and Benefits - Acuiti Labs. SAP Billing (BRIM) Accelerator: AcuitiPay Modern simplified Billing& Invoicing for Connected Cars - Acuiti Labs. Digital Transformation - Why is it so Important for the Business Growth. Artificial Intelligence Future – How’s AI going to change the world in coming time? - Acuiti Labs. Acuiti Labs at Mobile World Congress (MWC) – Experiences and Insights - Acuiti Labs. 'Quote to Cash' can help you turn your business game - Acuiti Labs.
Stay compelling in your business with SAP CX Sales Cloud. Transformation of SAP Hybris Billing using BRIM. Acuiti Labs’ Participation at MWC(Mobile World Congress) 2019. Transforming Billing & Invoicing with SAP Subscription Management. Stay ahead in business with SAP Cx Sales Cloud. All you need to know about SAP BRIM/SAP Hybris Billing. Change from product-oriented to service-oriented model with Acuiti Labs. Improve the speed to market with SAP Customer Experience Billing.
All you need to know about ‘SAP BRIM’/ ‘SAP Hybris Billing’ and the Transformation using BRIM - Acuitilabs. Transformation Of SAP BRIM To SAP Hybris Billing. SAP Hybris Billing and the Transformation using BRIM. Transform your business model from product to service. SAP BRIM/SAP Hybris Billing and the transformation using BRIM. Transform your business model from product to service mindset.
Transform your business model with Acuiti Labs SAP Hybris billing. Information Security - An important aspect for growing businesses. Importance of Mobile Workforce in Oil and Gas Industry.