SAP Subscription Billing is running on the SAP Business Technology Platform and therefore seamlessly integrated into the SAP S/4HANA Cloud for Contract Accounting and Invoicing.
Convergent Invoicing (CI) enables the consolidation of large numbers of billable items from different billing streams, converging into one single and common invoice.
Convergent Invoicing (CI) has a strong integration with the open item management of Finance Contract Accounting (FI-CA).
Contract Accounting postings are transferred to the receivables and revenue accounts of the General Ledger in SAP S/4HANA Finance (FI-GL).
The value proposition of this combination is the monetization of subscription-based business models by managing subscriptions and usage-based services in an integrated Lead-to-Cash process for high-volume scenarios.
The improvements of this architecture are:
- Integration of a contract-based revenue recognition.
- Integration of settings control on the level of subscription profiles.
- Integration of bills into billable items with provider contract information.
Leave a Reply