Revenue Sharing and Partner Settlement definition:
- Partner Agreement
- Partner Contract Lifecycle Management
- Partner Revenue linked to Customer Invoice
- Partner Credit Billing and Invoicing (Settlement)
- Cash Flow Optimization and Credit Risk Shring
Revenue Sharing and Partner Settlement functions:
- Needs the master data object Partner Agreement.
- Supports the partner contract lifecycle management.
- Connects the partner revenue sharing with customer invoices.
- Uses convergent invoicing for billing and invoicing of partner credits.
- Optimizes cash flow around payments and the sharing of credit risk.
Revenue Sharing and Partner Settlement can be described by some business examples:
- The radio company pays royalty fees to GEMA for playing songs.
- The cloud service company pays software license to the software company.
- The railway company pays for usage of foreign railway infrastructure in overland travels.
adroid training courses malaysia
Leave a Reply