Use-Case/Industry: Professional Services
SAP Solution:
- Guided Selling and Subscription Management
Challenge:
1. Need to create a new business model to monetise data
2. Currently no automated contracting (data verification) process in place.
3. Time Consuming billing & invoicing method followed.
How Acuiti Labs resolved the challenge:
1. Deployed SAP CPQ and Subscription Billing integrated with CRM (C4C).
2. SAP CPQ Solution automated contract creation process by taking inputs from backend CRM.
3. SAP Subscription Billing helped with multiple billing cycles of contract & creation of usage data.
Solution Architecture:
Integrated (CRM) Contract and Billing System
• Annual Subscription Payment
• Payable in advance Gateway
• £ 15,000 per year
Real time Charging
Field Selection &
Customer Contract Subscription
Relationship Creation Order
Management
Billable Items Invoicing AR
Operations
System
Usage Data • Annual Subscription Usage
• Payable annually Subscription
• Usage based
Order
Benefits:
1. Add-on ability to give real-time discounts during contract creation.
2. Automated set of rules and criteria used by managers for passing contracts which accelerated approval time.
3. Helped in managing subscriptions and recurring billing.
4. Provided ability to generate & display of single converged invoices.
Email: [email protected]
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Acuiti Labs came up with a solution for Guided Selling and Subscription Management to ease the complexities of invoicing method and time consuming billing. For service details visit >> www.acuitilabs.co.uk
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