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ByDesign vs. NetSuite: What's the Best ERP for SMEs?

Navigator SAP

Choosing an enterprise resource planning (ERP) software solution is a big decision. Two of the current industry leaders in ERP software are SAP Business ByDesign and Oracle NetSuite. Having said that, we recommend SAP Business ByDesign as the better investment for the vast majority of medium-sized business out there.

SAP 209
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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.

SAP 79
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Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? Information about climate-related targets and goals, and transition plan, if any. For more details, read the SEC fact-sheet Enhancement and Standardization of Climate-Related Disclosures.

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The best software for financial close and overview of the process

Spreadym

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. These software tools offer a range of features to improve efficiency, accuracy, and collaboration during the close process.

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How to Simplify Consolidated Financial Statements

Planful

Investing in innovative technology, such as a cloud-based planning and consolidation platform, gives your finance teams the support they need for financials. A robust planning and consolidation platform addresses the challenges of manual processes in creating consolidated financial statements. The solution?