SAP BRIM
FinanceDefinition
A solution for comprehensive billing and revenue management for businesses with high-volume transactions.
Detailed Description
SAP BRIM (Billing and Revenue Innovation Management) is an end-to-end solution designed to handle high-volume billing, revenue management, and customer financials for businesses operating in complex environments. It supports subscription and usage-based business models, allowing companies to efficiently manage billing processes, revenue recognition, invoicing, and customer contract management. SAP BRIM includes components such as SAP Convergent Mediation, SAP Convergent Charging, SAP Convergent Invoicing, and SAP Contract Accounts Receivable and Payable.
Key Features
- Facilitates revenue recognition in compliance with accounting standards
- Handles complex contract and agreement management
- Integrates with customer financial management systems
- Manages subscription and usage-based billing models
- Offers flexibility in pricing and bundling of services
- Provides convergent charging and invoicing capabilities
- Supports high-volume billing processes
Common Modules
SAP Contract Accounts Receivable and Payable (FICA)
Manages customer accounts and financials.
SAP Convergent Charging
Handles rating and charging of services.
SAP Convergent Invoicing
Manages invoicing processes.
SAP Convergent Mediation
Collects and processes usage data.