CTT - Correios de Portugal: Streamlining Revenue Management

CTT - Correios de Portugal, a 500-year-old Portuguese postal company, faced the challenge of transforming their business model to adapt to the increasing digital technologies and changing customer demands. Lae alla document

CTT - Correios de Portugal:Streamlining Revenue ManagementCTT - Correios de Portugal, a 500-year-old Portuguese postal company, faced the challengeof transforming their business model to adapt to the increasing digital technologies andchanging customer demands.As their main activity shifted from mail delivery to parcel distribution, they needed a reliableand efficient solution to manage complex revenue streams.CTT's main problem was the lack of adaptability in their traditional ERP system, whichhindered the growth of new business models. They faced issues with billing data quality andstruggled to handle the complexities of billing different customers based on their uniquecontracts.As CTT expands its portfolio and transitions from traditional order-based billing into event-based billing contracts it needed to tightly manage the event data from its various logisticalnetworks. So, CTT sought a comprehensive solution to collect and orchestrate revenue-critical event data. Picture Credit | Customer Name, City, State/Country. Used with permission.
Enabling new revenue streams with SAP Convergent Mediation byDigitalRouteBefore: Challenges and Opportunities Loss of information: operational systems' data suffered from inaccuracies Lack of centralization: data conversion was scattered across different tables, causing inefficiencies Integration frequency: integrating information in real-time was a challenge, and it often interfered with othercritical processes Phase out an inflexible homegrown data acquisition solution that can’t scale to meet event-based billing needsWhy SAP SAP Convergent Mediation by DigitalRoute acts as a quality layer in front of financial systems, for examplepricing, invoicing, accounting, and payments Capability to process large volumes of data, handling 800,000 events daily Quick execution of data conversion, cleaning, and enrichment tasks Simple and intuitive workflow design interface, allowing to quickly adapt to new business requirementsaccelerating access to logistical event data Rich collection of native agents for collecting, processing, and forwarding information SAP Convergent Mediation by DigitalRoute is part of SAP’s Industry Cloud portfolioAfter: Value-Driven Results Reduced time to market for the deployment of new solutions Improved revenue assurance: by providing the quality of data necessary for charging and billing systems, the SAPConvergent Mediation solution by DigitalRoute contributed to improve revenue assurance processes Handling diverse billing models: the solution gave the flexibility to handle different billing models for variouscustomers, enhancing operational efficiency and customer satisfaction800kDaily events handledin peak seasonIncreaseof RevenueenUS (12/23) © 2023 SAP SE or an SAP affiliate company. sap.com/terms-of-use“All the flexibility that the SAP ConvergentMediation by DigitalRoute gave us, has allowed usto quickly adapt to all the changes that we've beenthrough [during the COVID Pandemic].”Sofia Cruz Pinho, SAP BRIM Analyst, CTT - Correios de PortugalFeatured SolutionsSAP S/4HANA for Billing and RevenueInnovation ManagementSAP Convergent ChargingSAP Convergent Mediation by DigitalRouteRevenue€906.6m in 2022CTT Correios dePortugal, S.A.Lisbon, Portugalwww.ctt.pt/enIndustryPostal Services/Public SectorEmployees12,500Products and ServicesMail and parcel deliveries,banking services, and retail