Bramasol

MARCH 20, 2024

Also, the ability to leverage comprehensive agnostic analytics tools such as SAP Analytics Cloud will be key to enabling agile decision-making that takes into account timely data from all parts of the end-to-end process.

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

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

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

Future CFO

FEBRUARY 1, 2024

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

Finance 52

Finance SAP Auditing IFRS 52

Future CFO

JANUARY 18, 2023

Among participants in the 2022 SAP Concur Global business Travel Manager Report , 49% noted increasing pressure from senior leadership to demonstrate ROI will make their job more challenging in the next 12 months, compared to the previous year.

SAP 52

SAP Leadership Budgeting Accounting 52

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

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

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

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.

Compliance 88

Compliance IFRS SAP Leverage 88

Bramasol

AUGUST 29, 2022

Solutions such as SAP Billing and Revenue Innovation Management (BRIM) enable medical device makers to smoothly transition from their equipment sales models to new subscription based offerings. 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

CFO Thought Leader

JANUARY 2, 2024

Continuous Improvement and Adaptability : Recognizing that communication was not his initial strength, CFO Nussey’s willingness to continuously improve and adapt his communication style demonstrates his commitment to effective leadership. Coveo’s been working with close to 700 of the world’s largest companies.

CFO 52

CFO Leadership Communication SAP 52

Future CFO

SEPTEMBER 17, 2023

FutureCFO spoke to Nobuaki Hojo , a veteran finance professional and head of APJ specialised regional controlling for SAP, for his perspective on the dynamics influencing the FP&A role, and its repercussions to leadership and the company. What are the three most challenging aspects of being a finance leader in 2022?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO SAP Leadership 52

Navigator SAP

JULY 15, 2022

It requires budget and commitment from leadership, and change management from employees. An ERP platform can provide data transparency, help you make your operational processes leaner, cut costs, and connect external parties to your supply chain, all while leaving room for future expansion and enhancing your customers’ experience.

Budgeting 175

Budgeting Leadership Communication Leverage 175

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

Also, the ability to leverage comprehensive agnostic analytics tools such as SAP Analytics Cloud will be key to enabling agile decision-making that takes into account timely data from all parts of the end-to-end process.

SAP 87

SAP Manufacturing Compliance Transportation 87

Future CFO

MARCH 13, 2023

Assaouloff noted that any transformation starts first with people and aligning a common and shared purpose with the same language and strong leadership. Asked to name one technology he felt most supportive of the organisation's transformation effort, Assaouloff named SAP Cloud Analytics. HELP University won the same award.

Finance 98

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

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. All involving Excel data manipulation.

Financial Planning and Analysis (FP&A) 40

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

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

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

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

PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said.

SAP 57

SAP Invoicing Reconciliations B2B 57

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

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

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

CFO Thought Leader

SEPTEMBER 12, 2023

P&G had hundreds of disparate setups that we had to bring into one system globally,” explains Coulter, recalling the effort behind the information systems upgrade with SAP software that many at the time (the year 2000) deemed to be a historic milestone not only for the packaged goods company but also for industry at large.

Leadership 52

Leadership CFO SAP Budgeting 52

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

Jedox Finance

JANUARY 13, 2023

Accounting for unpredictable global events, such as inflation and the COVID-19 pandemic, demands a level of intelligent planning that traditional scenario planning methods cannot achieve. This is due to the software’s expert integration with any data source across an organization, including Salesforce, Microsoft Dynamics, SAP, and Oracle.

Planning 52

Planning Prioritization Forecasting Budgeting 52

Bramasol

JANUARY 18, 2024

For example, SAP's Order-to-Cash portfolio, formerly known as BRIM, offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, and Convergent Invoicing, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.

Compliance 74

Compliance SAP General Ledger B2C 74

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

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. It is available as part of SAP Real Estate Management or as a separate solution.

Compliance 85

Compliance IFRS SAP Accounting Standards 85

Future CFO

MAY 22, 2022

For example, without special customising and manual adjustments, there is no information on a company's current emissions in its ERP system such as SAP S/4 HANA. The main technical pain point is that the required data can rarely be accessed from existing software respectively databases. Why should the CFO be involved in ESG?

CFO 52

CFO SAP Finance Economics 52

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