Digital Solutions Economy
Membership-based business models are increasingly taking hold in all kinds of industries. Even in economically difficult times, they provide stable and reliable revenue streams. Initially this meant a move towards subscriptions but with the Digital Solutions Economy, it includes consumption-based , outcome based or similar models that are proving lucrative for companies.
According to Gartner, by 2023, 75% of organizations selling direct to consumers will offer subscription services. And we see that this trend is definitively not restricted to B2C model, while the lines between B2B and B2C are blurring.
Digital Solutions Economy
Membership-based business models are increasingly taking hold in all kinds of industries. Even in economically difficult times, they provide stable and reliable revenue streams. Initially this meant a move towards subscriptions but with the Digital Solutions Economy, it includes consumption-based , outcome based or similar models that are proving lucrative for companies.
According to Gartner, by 2023, 75% of organizations selling direct to consumers will offer subscription services. And we see that this trend is definitively not restricted to B2C model, while the lines between B2B and B2C are blurring.
Potential Benefits of the subscription economy:
Deeper engagement with the customers
Higher retention
rates
Enhanced opportunities
for up-selling and
cross-selling
Increased brand loyalty
Higher revenue streams with more predictability
Deeper engagement with the customers
Higher retention
rates
Enhanced opportunities
for up-selling and
cross-selling
Increased brand loyalty
Higher revenue streams with more predictability
Key considerations for subscription billing and revenue management
Membership-based business models are increasingly taking hold in all kinds of industries. Even in economically difficult times, they provide stable and reliable revenue streams. A transformation towards subscriptions and consumption-based offerings is lucrative for most companies – if done right. The 6 Things You Need to Consider:
Key considerations for subscription billing and revenue management
Membership-based business models are increasingly taking hold in all kinds of industries. Even in economically difficult times, they provide stable and reliable revenue streams. A transformation towards subscriptions and consumption-based offerings is lucrative for most companies – if done right. The 6 Things You Need to Consider:
Start your Journey to the Digital Solutions Economy with the
Right Partner and Guide – Bramasol
Whether you are moving to a subscription business model or other outcome based model, you need an Enterprise Platform and Partner who can guide you with the experience, expertise and vision to guide you. We bring together elements of the SAP Intelligent Enterprise to give you foundation or vision for transforming your company to meet the needs of your customers. And whether you want to do it all at once or one step at a time we can help.
Start your Journey to the Digital Solutions Economy with the Right Partner and Guide – Bramasol
Whether you are moving to a subscription business model or other outcome based model, you need an Enterprise Platform and Partner who can guide you with the experience, expertise and vision to guide you. We bring together elements of the SAP Intelligent Enterprise to give you foundation or vision for transforming your company to meet the needs of your customers. And whether you want to do it all at once or one step at a time we can help.
End-to-End Model for our Solutions Economy customers
1
-
Omni Channel
-
Customer Engagement on
their time
-
Automation of Order Capture
& Fulfillment
2
-
Dynamic Bundling
-
Flexible Offers built on the fly
by the Customer
-
Complex Order Management
3
-
When I need it
-
Where I need it
-
How I need it
-
Digital supply Chain
4
-
Show me all my transactions
-
Group my Invoices
-
Dynamic Billing by Usage
5
-
Flexible Credit Terms
-
Flexible Payment Options
-
Secure Transactions
-
Monthly/Quarterly/Annual
Payments
6
-
Multi-Element Arrangements
-
Put the Revenue
Where it needs to be
End-to-End Model for our Solutions Economy customers
1
-
Omni Channel
-
Customer Engagement on
their time
-
Automation of Order Capture
& Fulfillment
2
-
Dynamic Bundling
-
Flexible Offers built on the fly
by the Customer
-
Complex Order Management
3
-
When I need it
-
Where I need it
-
How I need it
-
Digital supply Chain
4
-
Show me all my transactions
-
Group my Invoices
-
Dynamic Billing by Usage
5
-
Flexible Credit Terms
-
Flexible Payment Options
-
Secure Transactions
-
Monthly/Quarterly/Annual
Payments
6
-
Multi-Element Arrangements
-
Put the Revenue
Where it needs to be
With Bramasol Solution Economy
With nearly two and a half decades of experience in the financial workings of global enterprises, Bramasol helps build agile Digital Subscription Economy solutions coupled with Automated Revenue Management & a AI-powered core, from the ground up to both comply with the mandated 5-step accounting process and mesh seamlessly with SAP S/4HANA – Intelligent Enterprise, SAP Applications and Non-SAP 3rd party Applications.
As experts in the Solution Economy, we bring a unique perspective across the entire Order to Cash process. We have a team of deep experts who can help you take advantage of the SAP BRIM portfolio while ensuring critical linkages to your Revenue Accounting, Treasury, Finance and Supply Chain processes. Unrivalled Experience and Expertise – (Revenue Accounting & BRIM)
