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Integrating DSE Order-to-Cash with Built-in RevRec Compliance

Bramasol

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. Compliance with ASC 606 / IFRS 15 requires separate cumbersome processes. How to Get Started?

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IFRS 17 cost estimated at US$15B to US$20B for insurers

Future CFO

The total IFRS cost faced by the global insurance sector to implement the standard is estimated to hit the range of US$15 billion - US$20 billion, said Willis Towers Watson recently. Estimated IFRS costs vary significantly by insurer size, according to a Willis Towers Watson study which polled 312 insurers from 50 countries.

IFRS 52
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The Changing Role of CFOs in a Technology-Driven World

Bramasol

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economyâ„¢ (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 94
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

According to Allied Market Research, "The global medical equipment rental market was valued at $56.0 For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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How the Digital Solutions Economy is Impacting the Transportation Sector

Bramasol

Autonomously driven vehicles emerging for both commercial and consumer markets. Geotab in the fleet management sector uses on-vehicle tracking devices and comprehensive software to provide companies with turnkey management of fleet productivity, optimization, safety, compliance and uptime. Implementing Anything-as-a-Service (XaaS).

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Four Key Technology Trends to Watch in 2024

Bramasol

In addition, from an internal perspective, Bramasol is proactively implementing AI capabilities across virtually all functional areas, including service delivery, customer satisfaction, project management, marketing, sales and finance. We see AI as a game changer for improving productivity for our team and higher value for our clients.

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How the Digital Solutions Economy is Impacting the Medical Devices Industry

Bramasol

The medical device market has traditionally evolved around a capital equipment acquisition model in which customers, such as hospitals, clinics or other providers, purchase or lease the equipment and separately purchase consumables and/or maintenance. How DSE Applies to the Medical Device Sector.

IFRS 75