Remove Accounting Standards Remove Compliance Remove Healthcare
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Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

This model reduces the upfront costs for healthcare providers and ensures a regular income for the manufacturer. Healthcare providers can pay monthly fees for the use of the equipment, which includes regular maintenance, software updates, and access to the latest technology without worrying about large upfront capital expenditures.

SAP 81
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.