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New SAP AI Initiatives Will Enhance Order-to-Cash to Compliance Processes

Bramasol

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
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Integrating RevRec and Cost Accounting in the SAP Public Cloud

Bramasol

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
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The best software for financial close and overview of the process

Spreadym

It typically occurs at the end of each month, quarter, or fiscal year and involves various tasks to ensure accuracy, completeness, and compliance with accounting standards and regulations. Accruals and Deferrals: Accruals involve recognizing revenues or expenses that have been earned or incurred but not yet recorded in the accounting system.