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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

With PRISM, enterprise subscription and billing automation reach new heights, offering unmatched flexibility in developing pricing and billing strategies. Our platform simplifies, manages, and automates intricate operations, enabling you to innovate more rapidly while scaling efficiently. PRISM empowers you to design billing plans tailored to your specific business needs, ensuring you can craft the subscription experiences that resonate most with your customers. Everything essential for managing your customer lifecycle is consolidated within one robust platform. Regardless of your company's size, we provide the essential enterprise features at a competitive price. By efficiently managing all aspects of customer operations and services, PRISM ensures that customer service representatives have access to accurate and current information, which reduces time spent on support calls and lowers overall support costs. Enhanced efficiency translates to heightened customer satisfaction, fostering loyalty and retention in an increasingly competitive market. This comprehensive approach not only streamlines processes but also enhances the overall customer experience.

Description

SAP Billing and Revenue Innovation Management provides a robust cloud-native platform that allows businesses to effectively monetize various offerings, including subscription-based, usage-based, and bundled services. This platform features a high-performance billing engine that manages one-time charges, recurring fees, usage-based pricing, and tiered structures while seamlessly aggregating data across different systems and facilitating partner settlements, all while maintaining the flexibility for real-time pricing adjustments. By rapidly introducing innovative offerings, it empowers organizations to enhance recurring revenue, optimize customer lifetime value through tailored promotions and automated lifecycle management, and efficiently scale operations through the automation of high-volume billing, invoicing, and financial postings worldwide. Among its key functionalities are flexible subscription lifecycle management with automatic renewals and real-time fee assessment, the automated generation of personalized customer offers and payment alternatives, as well as unified invoice creation that incorporates data enrichment and invoice-level discounts. Moreover, it also includes comprehensive entitlement tracking to ensure that customers receive the full scope of their subscriptions and benefits.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

SAP Datasphere No 
SAP S/4HANA No 

Integrations

SAP Datasphere Yes 
SAP S/4HANA Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Inovaware

Founded

1996

Country

United States

Website

www.inovaware.com

Vendor Details

Company Name

SAP

Founded

1972

Country

Germany

Website

www.sap.com/products/financial-management/billing-revenue-innovation-management.html

Product Features

Billing and Provisioning

Billing & Invoicing Yes 
Carrier Access Billing Yes 
Contract Management No 
Customer Accounts Yes 
Customizable Billing Yes 
Flexible Rate Tables Yes 
Internet Yes 
Order Management No 
Post-Paid Systems Yes 
Pre-Paid Systems Yes 
Provisioning Yes 
Rating Yes 
Self Service Portal Yes 
Service Order System No 
VoIP No 

Subscription Management

Cancellation Management No 
Discount / Coupon Management No 
Dunning Management No 
Enrollment Management No 
Product Catalog No 
Recurring Billing No 
Revenue Recognition No 
Revenue Recovery Tools No 
Self Service Portal No 
Subscription Plan Management No 
Tax Management No 
Trial Management No 
Usage Tracking/Analytics No 

Product Features

Billing and Invoicing

Billing Portal No 
Contact Database No 
Contingency Billing No 
Customer Portal No 
Customizable Invoices No 
Dunning Management No 
Hourly Billing No 
Invoice History No 
Mobile Payments No 
Multi-Currency No 
Online Invoicing No 
Online Payments No 
Payment Processing No 
Project Billing No 
Recurring/Subscription Billing No 
Service Ticket Billing No 
Tax Calculator No 

Recurring Billing

Customer Portal No 
Deferred Billing No 
Discount Management No 
Dunning Management No 
Invoice History No 
Multi-Currency No 
Multi-Period Recurring Billing No 
Payment Processing No 
Recurring Donations No 
Subscription Billing No 

Subscription Management

Cancellation Management No 
Discount / Coupon Management No 
Dunning Management No 
Enrollment Management No 
Product Catalog No 
Recurring Billing No 
Revenue Recognition No 
Revenue Recovery Tools No 
Self Service Portal No 
Subscription Plan Management No 
Tax Management No 
Trial Management No 
Usage Tracking/Analytics No 

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