Fashion
Consumers are increasingly driving fashion companies, retailers, and manufacturers to digitize, opening the way for new business models and technical opportunities. Consumers are not only looking for the products but also for positive consumer experiences. Therefore, fashion companies need to offer value-added services with their products.
This leads to the trend of subscription models in the fashion industry, where the SAP BRIM solution can support business processes for omnichannel, forward/backward logistics but also invoicing, payment reconciliation, open item management, collection of outstanding debts.
To ensure that revenues can be realized accordingly, the flexible and modular SAP BRIM is the ideal solution.
- Scalable business models
- Improved end-to-end process control of Quote2Cash
- Standardization of processes and products, including pricing and billing functions
- Fully automated processing of complex partner billing models
- Customized invoicing and efficient financial accounting processes
- Evaluation of key business indicators in real-time
SAP BRIM is used in the billing and revenue management of:
- B2C subscriptions and rentals (subscription boxes for clothing, rental of designer clothing, styling subscriptions)
- B2B rental (rental of professional clothing and workwear)
- Memberships with free delivery, repair service
- CO2 offsetting
- Bonus apps (collect points and exchange them for discounts or vouchers)
- Sports subscriptions
- Online fashion platforms (revenue sharing and payment settlement with partners, commission calculation)
- Processing of vouchers via a prepaid account
- Payment reconciliation with PSPs
