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What is SAP Subscription Billing?

SAP Subscription Billing equips your organization to optimize recurring revenue through a suite of flexible, responsive, and scalable features that automate the full subscription lifecycle, starting from order creation and extending to invoicing and entitlement management. It supports a range of pricing models, including one-time fees, ongoing subscriptions, and charges based on usage, while also facilitating flexible contract changes, automatic renewals, and advanced pricing tactics that leverage both real-time and offline rating methods. By prioritizing tailored, customer-centric solutions, it empowers you to design and deploy exclusive promotions, varied payment methods, and product bundles that can incorporate services or partner subscriptions. The billing process is not only precise but also comprehensive, integrating data from multiple sources into unified invoices and partner statements that feature discounts at the invoice level. Furthermore, effective entitlement management provides an in-depth view of consumption trends, helping to minimize revenue leakage and support seamless downstream provisioning, thereby ensuring you seize every potential advantage within your subscription framework. Ultimately, this solution enhances operational efficiency and boosts customer satisfaction by delivering transparent and consistent billing experiences, fostering a stronger relationship with your clientele in the process.

What is Fakturia?

Fakturia adeptly handles customer contracts by managing key elements such as minimum contract length, billing schedules, notification periods, and payment methods, ensuring that everything is processed automatically and punctually. It also features robust support for various currencies and languages, as well as the ability to incorporate country-specific tax regulations, making it a perfect solution for businesses operating worldwide. The platform streamlines the often cumbersome cancellation process, enabling it to be completed with just a few clicks; customers receive immediate email confirmations of their cancellations and, if necessary, adjusted invoices for any overcharges. Users can oversee an unlimited number of brands with one Fakturia account, categorizing articles and contracts by project for enhanced organization. Additionally, its integrated text management system facilitates full internationalization of content in different languages, while the scripting features allow for the easy resolution of logical dependencies. This all-encompassing approach guarantees that every aspect of customer contract and brand management is executed flawlessly, establishing Fakturia as an essential resource for companies engaging in international operations. Furthermore, its intuitive interface and powerful functionality empower businesses to focus on growth rather than administrative tasks.

Media

Media

Integrations Supported

SAP Business Technology Platform
SAP CPQ
SAP S/4HANA

Integrations Supported

API Availability

API Availability

Pricing Information

$100 per year

Pricing Information

$29 per month
Free Version
Free Trial Offered?

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/subscription-billing.html

Company Facts

Organization Name

Luminea IT Services

Date Founded

2007

Company Location

Germany

Company Website

www.fakturia.de

Categories and Features

Recurring Billing

Not specified

Categories and Features

Recurring Billing

Customer Portal
Deferred Billing
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Subscription Billing

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