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What is SAP BRIM?

SAP Billing and Revenue Innovation Management offers a powerful cloud-based platform that enables companies to effectively capitalize on various business models, such as subscription, usage-based, and bundled services. This platform is equipped with a high-performance billing engine capable of handling one-time payments, recurring charges, usage pricing, and tiered options, all while seamlessly consolidating data from various systems and supporting partner settlements, ensuring the capability to adjust pricing in real time. By facilitating the swift launch of new offerings, it allows businesses to boost recurring revenue and maximize customer lifetime value through customized promotions and automated lifecycle management, while also streamlining operations by automating high-volume billing, invoicing, and financial postings on a global scale. Key features include flexible subscription lifecycle management with built-in automatic renewals and real-time fee assessments, automated creation of personalized customer offers and payment options, and unified invoice generation that integrates data enrichment along with invoice-level discounts. Additionally, the platform provides thorough entitlement tracking to guarantee that customers fully benefit from their subscriptions, thus enhancing their overall experience and satisfaction. Ultimately, this comprehensive solution positions organizations to thrive in a competitive market by improving efficiency and customer engagement.

What is Fenerum?

Fenerum is a software solution based in the EU that focuses on automating financial tasks specifically for Software-as-a-Service (SaaS) companies. This cloud-hosted platform enhances various financial operations such as managing subscriptions, billing, accounting, expense tracking, and generating reports. By automating the recurring billing cycle, it handles invoicing, revenue recognition, and payment collection seamlessly. The system also features automated dunning to guarantee prompt payment collection. Fenerum brings together financial data into a unified platform, allowing for precise, detailed real-time reporting that eliminates the reliance on manual spreadsheets or complicated data integration processes. Furthermore, it connects directly with existing accounting software, facilitating real-time updates for revenue and expenses, which contributes to a more efficient month-end closing process. This integration helps businesses maintain financial accuracy and improve operational efficiency.

Media

Media

No images available

Integrations Supported

SAP Datasphere
SAP S/4HANA

Integrations Supported

Prowi

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

€169/month up to €15k MRR
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/financial-management/billing-revenue-innovation-management.html

Company Facts

Organization Name

Fenerum

Date Founded

2020

Company Location

Denmark

Company Website

www.fenerum.com

Categories and Features

Billing and Invoicing

Not specified

Recurring Billing

Not specified

Categories and Features

Recurring Billing

Not specified

Revenue Recognition

Not specified

SaaS Billing

Not specified

Popular Alternatives

Popular Alternatives

ZoneBilling Reviews & Ratings

ZoneBilling

Zone & Co.