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Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

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.

SAP
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SAP Cloud ERP is Enabling the Future for the Utilities Industry

Bramasol

Operational Efficiency and Cost Management Cost Reduction Pressures : With increasing pressure to reduce operational costs, utilities are investing in ERP systems to streamline workflows, reduce redundancies, and automate financial reporting. Cloud-based ERP systems also lower the total cost of ownership compared to legacy solutions.

SAP
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5 Steps to Prepare your Organization for a Financial Audit

E78 Partners

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit.

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Nonprofit Accounting Services: The Right Solution

The Charity CFO

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. Governance issues, tight regulations, and high public accountability standards mean strong accounting practices are more important than ever. Saves time and money.

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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Quickbooks Online Overview QuickBooks Online is an accounting software that lets companies, big or small, handle finances from anywhere with an internet connection. With pre-built compliance safeguarding and meeting accounting standards including audit trials and access controls.

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The UK’s Damning Carillion Report: The Spark For Change, Or An Unanswered Call?

PYMNTS

A few key themes emerged from the fallout, however, with analysts citing Carillion as a prime example of how a consolidated auditing market risks lackluster accounting standards, as well as how late payments by large corporates can have detrimental impacts on small suppliers. Last month, reports emerged that U.K.

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Top 5 Mistakes Caught in a Nonprofit Audit

The Charity CFO

A missing record or inaccurate numbers make it difficult for the auditors to verify financial transactions. Revenue recognition is even more complicated than ever thanks to the changes in how FASB (Financial Accounting Standards Board) now requires nonprofits to record donations. Get the free guide!