Bramasol

JANUARY 16, 2022

This latest installment in our ongoing DSE blog series takes a step back with a holistic look at the entire order-to-cash process and explores how revenue accounting compliance can seamlessly integrate with DSE. Manual interventions needed for tracking and accounting for subscription revenues. How to Get Started?

Compliance 88

Compliance IFRS SAP Leverage 88

Bramasol

MARCH 20, 2024

Bundling of chips, software and service offerings that involve multiple companies often entails complex revenue recognition and compliance issues , and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation management solutions.

SAP 92

SAP Compliance Manufacturing Leverage 92

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

IFRS 95

IFRS Technology SAP Compliance 95

CFO Leadership

AUGUST 12, 2021

The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Meet Our First 10 Ascend Honorees. Joy Harper, Cloud Finance, Google.

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

Bramasol

JANUARY 31, 2022

Carbon Accounting was previously identified as one of the Five Key Trends to Watch in 2022 , and the compliance implications were explored in this blog post Are You Ready for "Carbon Accounting" Compliance? See the Microsoft and Activision example below.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Accounting SAP Compliance 85

Bramasol

MARCH 10, 2023

By using SAP BRIM , electronics product manufacturers, suppliers and distributors can automate and streamline their billing and revenue processes, thereby reducing manual effort and improving accuracy, while also providing ongoing insights into customer behavior and revenue trends.

SAP 84

SAP Manufacturing Compliance Leverage 84

Bramasol

FEBRUARY 13, 2023

Accounting and finance processes as businesses look to automate and streamline their financial operations. Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 77

SAP Compliance Leverage Accounting Standards 77

Bramasol

SEPTEMBER 26, 2022

For example, shipments of goods are typically billed based on weight, size and distance and customers that maintain subscription accounts with carriers can receive discounts on their shipping costs. Other related solutions in the SAP ecosystem are key to helping transportation companies make the transition to these new business models.

Transportation 87

Transportation SAP IFRS Compliance 87

Future CFO

MARCH 29, 2021

FutureCFO spoke to Marcus Rex, managing director for Asia-Pacific, xSuite, for his perspective on how finance automation in general, and accounts payable in particularly, can help transform finance into a profit centre. Myths around accounts payable (AP) automation. Recurring pain points in accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

Bramasol

APRIL 28, 2022

How is FP&A different from traditional accounting? The Association for Financial Professionals makes this distinction, "Accounting faithfully records how money was spent and reports externally to shareholders, while FP&A is concerned with how the next dollar will be spent."

Financial Planning and Analysis (FP&A) 86

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 86

Bramasol

AUGUST 29, 2022

The shift from CAPX purchase models to subscription based offerings requires medical device manufacturers to adapt their revenue recognition and reporting systems to assure compliance. Other related solutions in the SAP ecosystem are key to helping medical device companies make the transition to these new business models.

IFRS 76

IFRS SAP Manufacturing Compliance 76

Bramasol

NOVEMBER 27, 2021

For example, if a customer makes changes to their bundled services, purchases new entitlements, or reschedules upcoming deliveries, they expect to see the changes instantly reflected in their accounts. Leverage Comply, Optimize, Transform - read blog RISE with SAP is the Perfect Complement for Comply, Optimize, Transform.

SAP 60

SAP B2C Compliance Data Analysis 60

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation.

SAP 88

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 88

Bramasol

OCTOBER 28, 2022

For example, bundling of chips, software and service offerings that involve multiple companies often entail complex revenue recognition and compliance issues, and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation solutions. Embedded Analytics for DSE.

SAP 87

SAP Manufacturing Compliance Transportation 87

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. They also help to ensure accountability and alignment across the organisation. What are the primary objectives of finance transformation?

Finance 91

Finance Benchmarking Compliance SAP 91

Bramasol

FEBRUARY 9, 2024

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

SAP 91

SAP Compliance Invoicing Leverage 91

Bramasol

AUGUST 18, 2022

Complying with evolving regulatory requirements around ESG and carbon accounting. These B2B applications of DSE solutions, such as SAP Billing and Revenue Innovation Management (BRIM) , will enable companies to more efficiently integrate new energy sources while balancing the transition from fossil fuels.

SAP 81

SAP Compliance B2B Leverage 81

The Finance Weekly

JANUARY 21, 2024

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. These processes vary.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Data Analysis Financial Modeling 40

Bramasol

AUGUST 31, 2023

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.

SAP 90

SAP Accounting Reconciliations General Ledger 90

Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.

Compliance 74

Compliance SAP General Ledger B2C 74

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. These days, strong computer skills, as are advanced knowledge of accounting, budgeting, and finances. What makes for a sought-after chief finance professional (CFO)?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Future CFO

MARCH 7, 2021

The participants are: Gina McNamara , Chief Financial Officer, SAP Australia and New Zealand (ANZ). McNamara: At SAP, we have an internal mentoring group for females working in finance called Future Female Leaders, providing employees with an opportunity to be mentored by other finance professionals from offices around the world.

Finance 52

Finance SAP Leadership CFO 52

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 85

Compliance IFRS SAP Accounting Standards 85

Bramasol

JUNE 10, 2022

One important side effect of the ongoing trend toward globalization is the need to comply with a range of different accounting principles as well as with disparate reporting and compliance mandates. Parallel Ledgers - in which multiple ledgers are used, with an accounting principle applied to each ledger.

Accounting Principles 85

Accounting Principles IFRS SAP Accounting 85

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? and also identified as one the Five Key Trends to Watch in 2022.

Accounting 81

Accounting SAP Analyzing Data IFRS 81

Bramasol

NOVEMBER 13, 2023

In this post, we shift gears to provide insights into the Professional Services arena, where Bramasol not only serves clients but we also participate as a leading services provider for SAP solutions. This requires building a team of senior consultants with years of hands-on experience in front-line conceptualization-to-implementation.

SAP 77

SAP General Ledger IFRS Compliance 77

Bramasol

OCTOBER 26, 2021

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.

SAP 86

SAP IFRS Compliance Treasury 86

Bramasol

NOVEMBER 6, 2022

While it is vitally important to provide easy-to-understand customer-facing subscription management interfaces, the back-end processes that are needed to manage end-to-end content delivery, support multiple service tiers, handle licensing contractual commitments, and assure proper accounting compliance are becoming increasingly complex.

Entertainment 79

Entertainment SAP Compliance Advertising 79

Bramasol

FEBRUARY 28, 2023

In this episode, we drill down for a closer examination of the types of entitlements that are offered as part of subscriptions and bundles in various industry segments, along with some insights into how entitlement management solutions that are part of the SAP BRIM portfolio and ecosystem that can be helpful to achieve success.

SAP 76

SAP Compliance Transportation Entertainment 76

Bramasol

JANUARY 13, 2023

Heightened emphasis on building in sustainability and ESG compliance for network operations. On the back-end, deploying BRIM and RAR together enables telecom companies to effectively manage complex licensing, partnering and revenue-sharing relationships to assure end-to-end visibility, scalability, data consistency, and accounting compliance.

SAP 90

SAP Compliance Leverage Entertainment 90

Future CFO

APRIL 7, 2022

Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. This difference also makes payment reconciliation more complicated from an accounting standpoint (e.g., Jenji’s core business is to ease expense reporting. Mark Wilfred. banking fees).

Finance 98

Finance SAP Leadership Cash Management 98

Future CFO

SEPTEMBER 30, 2020

Editor’s Note: For our Female Leadership in Finance Series , FutureCFO editor Teresa Leung recently had a chat with Gina McNamara (pictured), Chief Financial Officer, SAP Australia and New Zealand (ANZ). Gina McNamara, Chief Financial Officer, SAP Australia and New Zealand (ANZ). While in school, I always enjoyed accounting.

CFO 52

CFO SAP Leadership Finance 52

Bramasol

JULY 14, 2022

SAP is at the forefront in providing Data Fabric solutions with advanced data and analytics capabilities in the SAP Business Technology Platform (BTP) , SAP Data Intelligence Cloud , and S/4HANA Cloud environments. For more information on data management, integration and migration, check out these resources: SAP Analytics Cloud.

SAP 78

SAP Compliance Leadership Healthcare 78

Bramasol

MAY 30, 2022

An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. Integration with embedded analytics such SAP Analytics Cloud. Seamless integration to revenue recognition compliance and reporting functions. Key Benefits of Optimizing Entitlement Management.

SAP 76

SAP Compliance Treasury Invoicing 76

Bramasol

JUNE 29, 2022

In addition, new compliance requirements such as recent changes in revenue recognition , lease accounting , and the emergence of sustainability issues with carbon accounting all impact various activities in the value chain. The Digital Value Chain.

SAP 89

SAP Compliance Communication Leverage 89

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Bramasol

MAY 6, 2022

Adopting standalone solutions to meet compliance requirements deadlines. Bramasol's core practices are aligned with SAP's recommendations for leveraging a Fit-to-Standard approach to configure solutions that are as close as possible to standard processes. Leveraging RISE with SAP. Embedding Analytics Everywhere.

SAP 69

SAP Finance Reconciliations Leverage 69