Digital transformation programs across Lead-to-Cash by Acuiti Labs August 2022
SAP innovations/solutions have made a significant change in the way businesses operate, helping run them more efficiently and smoothly. The ever-growing customer demand, flexibility, and agility are the key unpredictable market challenges for any business today. If you are still confused about why to choose SAP technology, or whether your business require SAP Solutions or not; Here are a few reasons to clear all such doubts in your mind.
3 Here are some of the SAP Solutions you can look forward to
4http://www.acuitilabs.com SAP Billing (BRIM) SAP Subscription Billing Cloud SAP BRIM, previously known as SAP Hybris Billing, is an end-to-end crossindustry solution that includes Subscription Order Management, SAP Convergent Charging, SAP Convergent Invoicing, and Contract Accounts Receivable and Payable as individual module/components. SAP Billing and Revenue Innovation Management (SAP BRIM) is a perfect billing and accounting software to automate the billing cycle for your business and allow your customers to have a hassle-free digital journey with you. Subscription Billing Management gives rise to modern and simplified order-tocash cycles. The cloud-based solution will help the sales reps monitor order and automate the order fulfilment process across multiple systems to work more profitably in a complex partner ecosystem. SAP Subscription Billing Cloud helps businesses in delivering the right mix of subscriptions, enable product, and service bundling to create personalized offers. It also delivers usage-based charges. SAP Entitlement Management SAP Entitlement Management comes into the picture when organizations have to implement and execute new business models. With SAP Entitlement management you can manage any number of entitlements your customer has the right to use. SAP Entitlement management is developed from SAP Cloud Platform and can be deployed on various system architecture.
CLM systems assist businesses in contract management by establishing a centralized and authoritative repository of contracts, and renewals of contracts. SAP Contract Lifecycle Management (CLM) automates the negotiation of contracts, speeds up approvals, enables effective change management while keeping track of redlining via a secure portal.
SAP Configure, Price and Quote SAP contract managementlifecycle(CLM)
Application Management Services (AMS) Availing Application management services can streamline your IT world by putting it in the hands of people who streamline your systems efficiently. If you want to turn your SAP solution into a strategic tool, you need to have the right AMS partner who has SAP expertise and an in-depth understanding of your IT infrastructure and processes. This will help your business achieve its transformation goals.
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Implementing SAP Configure, Price and Quote solution enables sales reps to respond more quickly to customer inquiries and consequently help them get in touch with customers and to close deals faster. CPQ Software, with the help of pricing-behavior intelligence, can help companies forecast pricing trends while providing improved customer experience journeys.
Let’s get specific about the benefits of SAP Business Technology Platform: SAP BTP is an easy to use platform that provides companies with the ease and flexibility to quickly adapt the changing business scenarios. The SAP Business Technology Platform helps its customers in becoming an intelligent enterprise through integration, extension, and data-tovalue from all SAP and third-party application and data assets, while ensuring that the customers’ longterm success through agility, valuecreation and continual innovation. It is both a strategy and a portfolio of cloud integrated solutions.
SAP Business Technology Platform (BTP) SAP Sales Cloud
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SAP Sales Cloud is the full-blown SAP CRM solution for your sales. With SAP Sales Cloud businesses can better manage customer relationships, recognize sales opportunities in due time, and sustainably increases sales volumes. You can have an eye on everything in sales as the SAP Sales Cloud provides you with highly crosslinked and up-to-date data. It empowers sales reps with intelligent recommendations to sell their best anytime, anywhere, and on any device. While also reducing the overall length of the sales cycle, it also creates an opportunity for the sales reps to build a better relationship with the customer.
Revenue Recognition
The motive behind building the RevSym solution was to address the challenges posed by ASC 606 and IFRS Organizations15. make use of RevSym solution to work efficiently and effectively, automating the process of consolidating data from multiple systems and delivering real-time GAAP reporting. It helps automate the five steps of ASC 606 and real-time disclosure reporting.
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