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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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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

Ideally, companies need to have accounting systems that can both adapt to different regulations and seamlessly provide visibility and analytic capabilities across the entire enterprise. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger. Inventory Accounting (MM and ML).

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How to Simplify Consolidated Financial Statements

Planful

Your finance team’s scrambling to gather data from the various business units within the organization, dealing with an overwhelming number of spreadsheets, and creating multiple versions of the same consolidated financial statement to comply with different regulatory bodies. It’s close time. Sound familiar? The solution?