About the Client
A leading Finnish postal and logistics company, operating in both domestic and international markets. With a rich history spanning centuries, this postal company provides innovative and reliable services, ranging from mail and parcel delivery to e-commerce solutions, catering to the evolving needs of businesses and individuals worldwide.
Business Needs
- Consolidate multiple legacy SAP ECC systems into a single SAP S/4 HANA system
- Implement pricing solution that can handle complicated pricing models, is flexible for future pricing model changes and re-pricing
- Invoicing based on delivered service rather than ordered service
- Simplify and automate invoice correction process
Solution with SAP BRIM & Convergent Mediation
Complex product bundling and contract management.
Billing, Invoicing and Revenue recognition for all products as per profit centers.
Application of various business logics/rules to make the data ready for charging, billing and invoicing, with few complex rules for data coming from PETS.
Automate collection of various type of events generated for parcel and freight via multiple systems e.g. Omaposti Kioski, MANLA, INTO, PETS etc.
Business Benefits
Streamlined Billing Processes
SAP BRIM automates billing workflows, reducing manual intervention and accelerating the billing cycle. This streamlining improves the accuracy and efficiency of the billing process, leading to faster invoice generation and payment collection.
Flexible Pricing
Models
With SAP BRIM, a postal company can create and manage flexible pricing models tailored to the needs of different customer segments. This flexibility allows the company to offer customized pricing options, discounts, and promotions, improving customer satisfaction and loyalty.
Revenue Recognition Compliance
SAP BRIM helps ensure that revenue recognition complies with accounting standards (e.g., ASC 606 and IFRS 15). This compliance is crucial for accurate financial reporting, reducing the risk of non-compliance penalties and financial restatements.
Enhanced Customer Experience
SAP BRIM provides self-service options, enabling customers to view and manage their billing information, subscriptions, and payment preferences. This self-service capability enhances the customer experience by offering transparency and control over billing-related activities.
Integration with Logistics and CRM Systems
SAP BRIM can integrate with logistics and customer relationship management (CRM) systems used by the postal company. This integration streamlines data exchange, improving operational efficiency and data accuracy.
Advanced Revenue Analytics
SAP BRIM offers robust analytics and reporting features that provide insights into revenue performance, customer behavior, and market trends. Postal companies can use this data-driven approach to optimize pricing strategies and revenue management.
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Why choose Acuiti Labs as your business transformation partner?
At the core of Acuiti Labs’ offerings lies a deep-rooted expertise in Quote-to-Cash solutions. Specializing in this critical aspect of business operations, Acuiti Labs brings forth a wealth of knowledge and experience, ensuring that every step of the transformation journey is guided by industry-leading expertise.
- Expertise in Quote-to-Cash: Acuiti Labs specializes in this critical aspect, guiding transformation with industry-leading knowledge.
- Tailored Solutions: Crafted to fit unique business needs, ensuring alignment with objectives.
- Proven Success: Demonstrated track record of delivering tangible results across diverse industries.
- Customer-Centric: Prioritizing client satisfaction, going above and beyond to exceed expectations.
We at Acuiti Labs empower businesses to unlock their full potential and thrive in an ever-changing landscape.