SAP Billing Systems


SAP Billing Systems: An Overview and Key Considerations

What Is SAP Billing Systems?

SAP Billing Systems is a comprehensive billing management solution that allows organizations to manage and automate their entire billing process. SAP’s billing system is a vital part of the company’s customer relationship management (CRM) strategy. The goal of SAP billing systems is to streamline the process of billing for customers and provide a single view of customer invoices and account balances.

SAP Billing Systems: An Overview and Key Considerations

What Is SAP Billing Systems?

SAP Billing Systems is a comprehensive billing management solution that allows organizations to manage and automate their entire billing process. SAP’s billing system is a vital part of the company’s customer relationship management (CRM) strategy. The goal of SAP billing systems is to streamline the process of billing for customers and provide a single view of customer invoices and account balances.

Key capabilities include:

  • Ability to handle large volumes of data, create invoices quickly and easily, and track payments
  • Functionality for managing customer subscriptions and usage-based pricing models
  • Capacity to handle the most demanding billing scenarios and accommodate a variety of customer needs
  • Robust governance and controls to ensure data integrity.

Key Considerations for SAPinsiders

Leverage flexible SAP Billing Systems functionality to address company-specific business processes and workflows.Organizations using SAP Billing Systems will need to consider updated approaches in SAP S/4HANA to ensure that the new system will integrate smoothly with their existing systems and processes. Unique business use cases, such as intercompany billing, require additional planning to leverage functionality extensions available in SAP S/4HANA properly.

Consider the SAP billing system as part of a larger CRM strategy. Customers should take a holistic approach to implement SAP Billing Systems and should evaluate how it fits into the overall picture of their customer relationship management. A robust subscription model powered by SAP Billings Systems can facilitate customer engagement and experience, helping to support a larger CRM growth strategy.

Reduce costs and establish end-to-end transparency with SAP Billing Systems. When organizations centralize and integrate core processes with SAP Billing Systems, they are well-positioned to have a more efficient operations cost by enabling high transparency/traceability of the entire process. As a result, finance leaders can also enable high-level data governance to ensure data integrity.

 

5 results

  1. Sabre Turns an Architecture Challenge into a Success Story for Billing

    Published: 13/March/2019

    Reading time: 8 mins

    Processing $2 billion through its billing system and $120 billion of global travel spend annually, travel technology company Sabre needed a sophisticated and failure-proof software system. The business turned to SAP HANA Enterprise Edition to handle its complex requirements. The Sabre team worked with SAP to implement this solution, and as a result, has since…
  2. Technical Guide: Intercompany Billing Options on SAP S/4HANA 1610

    Published: 12/February/2018

    Reading time: 11 mins

      As organizations become ever more global, it is becoming increasingly common for the employees charging time to a project to be working in a different legal entity from the one to which the project belongs. Every professional service organization is familiar with this situation, since they inevitably have consultants scattered across the world, but…
  3. Tips for Integrating SAP Revenue Accounting and Reporting and SAP Hybris Billing

    Published: 04/December/2017

    Reading time: 15 mins

    Learn how to integrate SAP Revenue Accounting and Reporting 1.2 with Convergent Invoicing of SAP Hybris Billing and SAP Contract Accounts Receivable and Payable (FI-CA) in SAP ERP Central Component (ECC). Key Concept SAP Revenue Accounting and Reporting is a free add-on product introduced to help companies comply with the International Financial Reporting Standards (IFRS)…...…
  4. Optimized Billing with Process Intelligence

    Published: 24/August/2017

    Reading time: 10 mins

    The digital economy is changing the way companies do business, including how they manage billing, which is a critical point of contact between an organization and its customers. A smooth invoicing process paves the way to prompt payment and a satisfied customer. If something goes wrong, however, organizations risk a costly cycle of phone calls,…
  5. Connected, Digital, and Managed: Give Your Shared Services Team the Tools for Success

    Published: 26/April/2016

    Reading time: 3 mins

    Organizations operating with multiple divisions often find that centralizing back-office activities into one shared services center yields significant costs savings and eliminates redundancies. On the path to realizing these benefits, companies often find that leveraging SAP Solution Extensions enhances their shared services centers. Discover which shared services areas can benefit from SAP Solution Extensions and…