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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 Inovaware PRISM?

PRISM revolutionizes enterprise subscription and billing automation, delivering exceptional flexibility for developing pricing and billing strategies. Our platform not only simplifies and manages complex operations but also automates them, allowing you to innovate swiftly while scaling your business effectively. With PRISM, you can create customized billing plans that align with your unique business requirements, ensuring that the subscription experiences you offer truly resonate with your clients. All the critical components needed for managing your customer lifecycle are integrated within a single, powerful platform. Regardless of your organization’s size, we deliver vital enterprise features at a competitive cost. By efficiently overseeing all facets of customer operations and services, PRISM guarantees that customer service teams have access to accurate and up-to-date information, which minimizes the duration of support calls and reduces overall support expenses. This increased efficiency leads to improved customer satisfaction, fostering loyalty and retention in a fiercely competitive landscape. Furthermore, our holistic approach not only simplifies processes but also significantly enriches the overall customer experience, enabling businesses to thrive in their respective markets.

Media

Media

Integrations Supported

SAP Datasphere
SAP S/4HANA

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

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

Inovaware

Date Founded

1996

Company Location

United States

Company Website

www.inovaware.com

Categories and Features

Billing and Invoicing

Not specified

Recurring Billing

Not specified

Categories and Features

Billing and Provisioning

Billing & Invoicing
Carrier Access Billing
Customer Accounts
Customizable Billing
Flexible Rate Tables
Internet
Post-Paid Systems
Pre-Paid Systems
Provisioning
Rating
Self Service Portal

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