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The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accountingstandards like the IFRS or US GAAP. ERP software solutions simplify all aspects of CBAM management, from reporting and compliance to forecasting and financial planning.
SAP Universal Revenue Management (SAP Universal RevRec) is a cutting-edge solution engineered to elevate and simplify the complexities of revenue recognition. Enhanced Compliance : Facilitates adherence to accountingstandards and regulations, reducing the risk of non-compliance and associated penalties.
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