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Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

This Insights post provides an overview of these new medical device product/service offerings and an exploration of how SAP Cloud ERP can help optimize and unify back-end systems for managing them. Key advantages include: Scalability and Flexibility: SAP Cloud ERP allows medical device companies to scale their operations efficiently.

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SAP Cloud ERP is Enabling the Future for the Utilities Industry

Bramasol

Ten Ways SAP Cloud ERP Helps Address These Issues SAP Cloud ERP provides comprehensive solutions that address a range of challenges in the power and utilities sector beyond revenue recognition and compliance. Here’s a breakdown of how SAP Cloud ERP helps with these challenges: 1. energy, capacity, grid services, maintenance).

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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842.

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Digital Solutions Economy Initiatives in the Software and SaaS Industry

Bramasol

Compliance: The adoption of ASC 606 and IRFS 15 accounting standards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.

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