Accounting Standards Compliance Invoicing 
Bramasol
APRIL 29, 2025
Business System and ERP Challenges These new business models in the medical device sector present unique financial compliance and revenue reporting challenges including adjustments to traditional accounting practices to ensure accurate revenue recognition, proper tax treatment, and adherence to regulatory standards.
Bramasol
JULY 29, 2025
For example, telecom operators leverage AI to automate revenue recognition processes, ensuring compliance with standards like ASC 606 and IFRS 15. They also leverage AI models to accelerate the quote-to-cash cycle by analyzing customer behaviors, suggesting optimal pricing strategies, and automating the invoicing process.
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Bramasol
JULY 16, 2025
The utilities industry is seeing a notable trend toward adopting cloud-based ERP solutions and advanced subscription management software to address changing business models, customer preferences, energy sharing practices, and complex compliance issues. Ten Major Trends of Change in the Utilities Industry 1.
Bramasol
JULY 31, 2023
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.
Bramasol
FEBRUARY 13, 2023
Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.
CFO Share
NOVEMBER 15, 2023
An audit evaluates: Compliance with accounting standards (GAAP or IFRS.) Risks of fraud or non-compliance. Auditors are good at finding issues, so even the best accounting teams find themselves working with auditors to improve their processes. The validity and accuracy of financial transactions and records.
Future CFO
SEPTEMBER 24, 2019
Singapore need to further digitize when it comes to accounting and tax, according to the TMF Group. While the island state has adhered relatively well to international accounting standards—a trend only seen in 21% of jurisdictions in Asia Pacific, it trails behind its Asian counterparts in digitization, TMF Group pointed out.
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