SAP Subscription Billing is a public cloud solution designed to help companies rapidly deploy highly innovative and effective sales processes in a flexible and scalable environment that leverages other SAP cloud services. It helps companies synchronize complex sales and revenue management processes all within one solution.
SAP Subscription Billing is designed to operate as an integral part of the SAP S/4HANA Cloud portfolio, or as a standalone solution.
This integration enables the transfer of billing and subscription data from SAP Subscription Billing to SAP S/4HANA Public Cloud for convergent invoicing and subsequent financial processes. SAP Convergent Invoicing supports the consolidation of charges from multiple billing streams into invoices.
Select the video below to learn more about the capabilities of SAP Subscription Billing!
Summary
Now that you have a better understanding of the purpose and capabilities of SAP Subscription Billing, in the next unit we’ll share a few learning resources that will help guide the way for a better understanding of essential components and new features.