SAP BRIM / SAP Billing for business transformation - Acuiti Labs. Introduction to SAP BRIM SAP BRIM (Billing and Revenue Innovation Management) is a high-volume usage-based solution that simplifies complex billing and invoicing processes. Industries like energy, telecom, utilities, etc. are already utilizing SAP billing services to ease their billing process. But, its usage is s rapidly increasing in other similar areas too. Digital Transformation across ‘Consume - Cash’ using SAP Solutions. SAP innovations/solutions have made a significant change in the way businesses operate, helping run them more efficiently and smoothly.
The ever-growing customer demand, flexibility, and agility are the key unpredictable market challenges for any business today. SAP BRIM for Dunning and Collection Management. What is SAP BRIM? SAP BRIM, also commonly known SAP Billing and Revenue Innovation Management is nothing but a high-volume usage-based solution that’s sole purpose is to ease complex billing and invoicing processes and simplify the entire process for the businesses. It improves the flow of selling and re-selling of products and services and sharing revenue in the most appropriate way. SAP BRIM for Dunning and Collection Management – Process Overview Here are the few steps that can help you in understanding the complete process of SAP BRIM – 1. 2.
SAP BRIM Solution for Media and Entertainment Industry – Acuiti Labs. What is the need of SAP BRIM Solution for the Media and entertainment industry today?
This industry has evolved rapidly over the past few years and has become the early adopters of technology. The evolution of the industry has led to a more subscription-based economy with a healthy dose of usage-based charging. Easy and flexible options to watch movies or their favorite shows which is now at their fingertip with the online streaming platforms like Netflix, Amazon Video, Hotstar, and the list goes on.
The need to modernize and adopt a digital transformation-based approach has become imperative for the industry old timers to match with the new technology based streaming platforms. Digital Transformation across ‘Consume - Cash’ using SAP Solutions. Mobility as a Service (MaaS) – Changing the future of Transportation. Time is not so far when customer-centric options like self-driving cars, carpooling, people opting for greener options and choosing public transport, etc. will take over, and owning a car will be rare. This is what the future of transportation certainly looks like. The concept of Mobility as a Service (MaaS) makes it even more clear and certain.
In the past few years, a huge shift from using personally owned cars to choosing public transportation or using mobility as a service has been noticed. The current way of traveling from let us say point A to point B has changed and is transforming and shaping up the whole ecosystem of individual mobility. Not only will be the entire transportation industry will be affected by it, but other sectors including health care, energy, media, insurance etc. will have the impact.
SAP BRIM for Dunning and Collection Management. SAP BRIM / SAP Billing for business transformation - Acuiti Labs. Transformation of tolling business with SAP Billing / SAP BRIM Solutions. Transformation of tolling business with SAP Billing / SAP BRIM Solutions – Tolling is generally an amount, or a fee paid to access any road, bridge, or tunnel and the revenue generated by this is utilized for maintenance, construction, and/or other such operations Toll Business can be simply understood as a way to deal with transportation challenges and provides a positive impact on freight transport in several ways.
The toll in many ways has been benefiting society without placing an excruciating financial burden on the entire transport system. The advantages the toll business offer include improved transport efficiency increased revenue for the public budget and reduced external costs of road vehicles. SAP BRIM for Dunning and Collection Management. Mobility as a Service (MaaS) – Changing the future of Transportation. SAP BRIM / SAP Billing for business transformation - Acuiti Labs.
SAP BRIM Solution for Media and Entertainment Industry – Acuiti Labs. Transformation of tolling business with SAP Billing / SAP BRIM Solutions. Mobility as a Service (MaaS) – Changing the future of Transportation. SAP BRIM / SAP Billing for business transformation - Acuiti Labs. Debt Management Solution - Why choosing SAP can be the best decision.
Are you looking for a debt management solution? ‘Bad Debt’ is a term used by organisations when the user or customers do not or cannot pay their bills. It is difficult to ignore the fact that with the current economic slowdown and rising unemployment, household incomes around the world have seen a downfall, increasing the possibility of delinquency and an upsurge in bad debt charges. The ambiguities arising from global shocks such as Brexit, trade wars, and a possible recession also pose risks for utilities & similar organisations. At the same time, liberalization and intensifying competition in many markets are resulting in higher levels of switching among customers, sometimes accompanied by bad debt when final bills are not paid.
In liberalized retail markets, utilities bear full responsibility for debt collection, but their manoeuvring room in recovering the bad debt is limited by regulatory and political constraints. Barriers & Opportunities Data Analytics & Customer Engagement. SAP BRIM for Dunning and Collection Management. Mobility as a Service (MaaS) – Changing the future of Transportation. SAP BRIM / SAP Billing for business transformation - Acuiti Labs.
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. 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. Debt Management Solution - Why choosing SAP can be the best decision. 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 BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. Converter4Media - A must try media file conversion platform. Any media file converted from one form to another is known as media conversion. Pictures, audios, videos, music, images are the common form of media and many a times users prefer changing these formats based on their requirement. Users look for options that not only deliver the files in desired format quickly but at the same time they keep safety of their file as a priority. Why is safety of your file matter while converting online? It is very important to understand the fact that safety of your file remains the priority whenever you look for online options to convert your file in any required format. This still depends on the sensitivity of the file. What are the different formats that can be supported by Converter4media?
This converter allows you to change image, audio and video parameters easily, making the conversion a simple process. 5 reasons why you should try file conversion platform Converter4media – Conversion in 3 quick steps – Yes, it is as simple as it sounds! Debt Management Solution - Why choosing SAP can be the best decision. 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. Debt Management Solution - Why choosing SAP can be the best decision. 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.
Transformation of tolling business with SAP Billing / SAP BRIM Solutions. SAP BRIM / SAP Billing for business transformation - Acuiti Labs. Intelligent Video Analytics for Smart Cities - Acuiti Labs. Video analytics – we all can agree to the statement that “from the last few years, Artificial Intelligence (AI) has demonstrated the greatest value for the security industry.
In fact, the video security systems and AI have dovetailed together so well together that it is almost impossible to tell get any significant value from security video without AI. AI has become the transformational force within the security industry allowing it to operate in a much more efficient and effective way. In simple terms, the advancement in video analytics technology is so much that it can detect within a video feed the actions or incidents that need to be reviewed just like how humans do but simply much faster and sometimes even better! Also, we need to make a note that computers have got much smarter when it comes to things like face recognition or people tracking where accuracy is a priority.
Why Debt Management is so pertinent for Businesses today? - Acuiti Labs. Do you know with continuing economic slowdown and increasing unemployment, household incomes have been squeezed making it difficult for companies to manage debt.
At the same time, Liberlization & intensifying competition in various markets have posed risk for companies. This is why Debt Management is considered to be really important for businesses today. It is interesting to understand how companies with larger customer base like Utilities, Telecom etc. can be innovative in managing their debt. And how SAP is the right choice? Let’s go into the details of these question! SAP BRIM for Dunning and Collection Management. Mobility as a Service (MaaS) – Changing the future of Transportation. SAP BRIM / SAP Billing for business transformation - Acuiti Labs. SAP BRIM Accelerator – AcuitiPay simplified Billing for Connected Cars. Converter4Media - A must try media file conversion platform. Mobility as a Service (MaaS) – Changing the future of Transportation.