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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 Rainex?

Comprehensive Solution: 1. Effortlessly creates invoices complete with current payment statuses, allowing for centralized oversight of all payment types and enabling the tracking of payment history. 2. A sophisticated automatic alert system minimizes the risk of missed payments by sending timely emails at user-defined intervals, ensuring prompt payment receipt. 3. Features customizable notifications that can be tailored to align with product branding, making it easy for customers to instantly recognize emails. 4. Expand your operations easily, whether locally or internationally, through various integrated payment gateways. 5. The Self-Service Portal offers complete brand customization, including the option for a personalized domain (C-NAME) that allows customers to independently manage their subscriptions and access a pre-designed signup page for automatic activation. 6. Rainex's Self-Service Portal presents itself as a collection of distinct widgets, facilitating real-time data visualization, enhancing user interaction, and providing streamlined access to essential features and services, effectively guiding customers toward specific actions. 7. Tax Rules are integrated to ensure compliance with taxes for international sales, along with an easy-to-use tool for personalizing tax specifications on invoices. 8. Importing existing customer and subscription data is a straightforward process. 9. Dashboards are customizable and provide real-time insights into key metrics. 10. This solution not only enhances operational efficiency but also significantly improves customer experience through its user-friendly interface and proactive communication features.

Media

Media

Integrations Supported

GetLeads
LiqPay
PayPal
Paystack
SAP Business Technology Platform
SAP CPQ
SAP S/4HANA
Stripe

Integrations Supported

GetLeads
LiqPay
PayPal
Paystack
SAP Business Technology Platform
SAP CPQ
SAP S/4HANA
Stripe

API Availability

Has API

API Availability

Has API

Pricing Information

$100 per year
Free Trial Offered?
Free Version

Pricing Information

$99/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

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/subscription-billing.html

Company Facts

Organization Name

Rainex

Date Founded

2022

Company Location

United States

Company Website

rainex.io

Categories and Features

Recurring Billing

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

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Categories and Features

Recurring Billing

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

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

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