The Convergent Charging solution also makes it easier for organizations to apply pricing rate changes across teams, enable open workflows with rapid configuration, agile charging to support growth over time, and configure charging models to align with the current digital environment. This component is included with an SAP BRIM license, and it simplifies charging for one-time, recurring, and usage-based business models and integrates all pricing models together for improved efficiency. This component also supports custom pricing, third-party revenue sharing, and partner settlement tools to help users manage high volumes of usage data and facilitate more efficient billing cycles. The Convergent Invoicing solution is included in SAP S/4HANA with a BRIM license, and it offers intelligent revenue innovation management solutions that enable companies to combine multiple billing sources into a single, unified invoice for improved visibility and accessibility across teams and systems. It provides usage-based services and innovative order management capabilities to help companies manage product catalogs, keep track of bundles of services and physical goods, and improve contract lifecycle management. This component is available for any versions of SAP S/4HANA greater than 1909 and is included with the purchase of an SAP Billing and Revenue Innovation Management license. Here’s a closer look at the main SAP BRIM components that make up the billing and revenue management solution: Subscription Order Management What Components Make up the SAP BRIM Solution? Solution Billing: Provides pre-billing and revenue innovation capabilities and granular invoice control options to improve billing and revenue management across the entire organization.Solution Delivery: Offers usage metering, rating, and charging functions to improve solution delivery for both one-off and recurring billing capabilities and charges.
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