Remove Auditing Remove Financial Systems Remove IFRS
article thumbnail

Financial Reports That Don’t Age Like Milk: The Power of Real-Time Data 

CFO Talks

From Spreadsheets to Smart Systems Traditionally, businesses used basic spreadsheets to manage their finances. Todays financial systems integrate with Enterprise Resource Planning (ERP) software, cloud computing, and artificial intelligence (AI) to provide instant access to up-to-date financial information.

article thumbnail

SAP Cloud ERP is Enabling the Future for the Utilities Industry

Bramasol

ERP systems help automate compliance reporting, carbon footprint tracking, and environmental audits. Cloud ERP systems help streamline the integration process, ensuring smooth transitions, harmonized financial systems, and improved operational synergies.

SAP
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top Five Questions Clients Are Asking About RevRec and Quote-to-Cash

Bramasol

Within the Five-Step model, Step 4 of ASC 606 and IFRS 15 requires an allocation of the total consideration in a contract, which your company is entitled to collect for each distinct performance obligation. Standalone Selling Price: What is SSP, why is it needed, and how is it determined?

SAP
article thumbnail

Analysing the Regulatory Environment for Businesses 

CFO Talks

Compliance with FICA helps safeguard businesses from financial crime risks and enhances the integrity of South Africa’s financial system. For SMEs, the IFRS for SMEs standard simplifies reporting but still requires thorough understanding and application.

article thumbnail

10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management. While it’s an excellent modeling tool for users that already use Workday for all their financial systems, Adaptive can cause friction for those that don’t.