Bramasol

MARCH 31, 2023

The Bramasol team had the pleasure of doing just that last week at SAP Insider in Las Vegas and it was both enjoyable and very informative! Here are four key insights and trends from our interactions with fellow participants at the SAP Insider Event. Some of the other real-world benefits of BRIM-enabled DSE offerings are shown below.

SAP 84

SAP Compliance Invoicing B2C 84

Bramasol

JULY 22, 2023

Previous posts in this blog series o n Environmental, Social and Governance (ESG) and carbon accounting have spotlighted carbon accounting as a trend to watch , looked at ESG impacts on M&A , and tracked the emergence of new ESG standards.

IFRS 87

IFRS Accounting SAP Compliance 87

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

JULY 31, 2023

This new post provides a deeper look at how the leasing of medical equipment along with other bundled services or products presents particular challenges for meshing contracts and lessor accounting with DSE management and revenue recognition. According to Allied Market Research, "The global medical equipment rental market was valued at $56.0

Accounting 75

Accounting SAP GAAP IFRS 75

Bramasol

SEPTEMBER 12, 2022

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success. Freeze periods on time-based POBs.

SAP 83

SAP IFRS Compliance Invoicing 83

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

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

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

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

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

JANUARY 13, 2023

Leveraging AI and machine learning to improve network management, security and performance. Heightened emphasis on building in sustainability and ESG compliance for network operations. For more information, check out these resources: Podcast: SAP's Scott Campbell Discusses Telecom and Media. Embedded Analytics for DSE.

SAP 90

SAP Compliance Leverage Entertainment 90

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.

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SAP General Ledger IFRS Compliance 77

Bramasol

DECEMBER 14, 2023

This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.

Technology 88

Technology SAP IFRS Compliance 88

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

Bramasol

APRIL 26, 2023

And on the back-end the company needs to integrate with revenue management and compliance reporting processes that properly account for various revenue streams. In such a case, the company needs to integrate the more complex billing and revenue recognition processes into seamlessly integrated, simplified billing for their customers.

SAP 86

SAP Corporate Finance Compliance Invoicing 86

Bramasol

DECEMBER 19, 2023

Dive into a comprehensive BRIM Overview and discover how to maximize SAP BRIM's potential across payment systems. Gain insights into how SAP Event Based Revenue Recognition can enhance revenue management and ensure compliance for subscription-based offerings, enabling businesses to streamline and optimize their processes.

SAP 52

SAP Invoicing Compliance Leverage 52

Future CFO

APRIL 24, 2024

Intel is a prime example of an organisation effectively leveraging AI and automation to streamline the intricate process of updating product codes for global shipments. The company also mitigated significant trade compliance risks by reducing shipments on hold and global customs fees, saving hundreds of thousands of dollars.

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SAP Finance Invoicing CFO 98

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

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

Navigator SAP

FEBRUARY 17, 2022

There are many benefits of cloud ERP systems such as SAP ByDesign, as they are designed with easy-to-use dashboards akin to those consumers use online in their everyday lives. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

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SAP Invoicing Manufacturing Compliance 130

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. Building a Roadmap with S/4HANA.

SAP 69

SAP Finance Reconciliations Leverage 69

Future CFO

FEBRUARY 22, 2024

The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

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

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

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

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

Future CFO

MARCH 1, 2023

But with no guarantee of success, in fact, as much as 70% of finance transformations fail , FutureCFO spoke to Dr Carl Jones , managing director for Southeast Asia at SAP Concur , for his take on why efforts to transform fail and how to go about improving the odds. They also help to ensure accountability and alignment across the organisation.

Finance 91

Finance Benchmarking Compliance SAP 91

Future CFO

JUNE 1, 2022

Even the field of accounting, once known for its stodgy spreadsheets and hand-written ledgers, has inched toward embracing innovation. . It is not about becoming tech-dependent, but about leveraging its ability to accelerate processes with precision. To leverage the power of automation, it is worth considering a few key initiatives.

Technology 52

Technology Financial Planning and Analysis (FP&A) Budgeting Leverage 52

Future CFO

SEPTEMBER 9, 2019

In fact, if you can make the user experience easy, you can drive compliance. Enterprise technology today is highly advanced, and is capable of helping you achieve much more than you can imagine, if you know how to leverage it. And for finance professionals, being compliant is a huge deal.

Compliance 40

Compliance SAP Finance Technology 40

Spreadym

JULY 10, 2023

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. Deferrals, on the other hand, involve postponing the recognition of revenues or expenses to future accounting periods.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

PYMNTS

MAY 11, 2018

The potential cannot be ignored, however – particularly in the finance department, where information from accounts payable, accounts receivable, treasury and accounting hold the keys to insight into cash flow, predictable payment behavior and new opportunities to boost the bottom line. ”

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

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