Bramasol

JULY 14, 2022

As one of SAP's longest serving partners and a leader at integrating various SAP solutions for operations, finance, and compliance, Bramasol is at the forefront of integrating end-to-end data to meet a wide range of client requirements.

SAP 78

SAP Compliance Leadership Healthcare 78

Future CFO

APRIL 7, 2022

As a SaaS-based platform, SAP Concur connects expense, travel and vendor invoice spending in one system providing a single way to manage spending from end to end for greater visibility into transactions, improve compliance, and simplify the process for everyone – finance and employees. including those in the finance department ?

Finance 98

Finance SAP Leadership Cash Management 98

CFO Leadership

JANUARY 25, 2024

High-impact areas to automate include invoice processing, the financial close, and internal controls. Perhaps one of the most significant shifts worth noting is the growing number of e-invoicing mandates globally. Then you can automate much of the invoice creation and distribution process to help decrease days sales outstanding.

CFO 52

CFO Invoicing Cash Management Forecasting 52

Bramasol

JULY 29, 2022

In past blog posts, this series on the Digital Solutions Economy (DSE) has discussed Entitlement Management , Integrating FP&A with DSE , Implementing Anything-as-a-Service (XaaS) , DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity , Embedded Analytics for DSE , and much more.

Compliance 71

Compliance Leadership Accounting Invoicing 71

CFO Leadership

APRIL 2, 2024

Key areas to consider implementing software to automate processes include billing and invoicing, budgeting and forecasting, accounts payable, accounts receivable, and close management. With the right technology in place, companies can lessen the accounting staffing needed, without sacrificing accuracy or compliance.

Accounting 52

Accounting Compliance Accounts Payable Budgeting 52

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. Revenue Accounting for Next-Gen Scenarios.

SAP 83

SAP IFRS Compliance Invoicing 83

Bramasol

JANUARY 13, 2023

Heightened emphasis on building in sustainability and ESG compliance for network operations. On the back-end, deploying BRIM and RAR together enables telecom companies to effectively manage complex licensing, partnering and revenue-sharing relationships to assure end-to-end visibility, scalability, data consistency, and accounting compliance.

SAP 90

SAP Compliance Leverage Entertainment 90

Bramasol

FEBRUARY 13, 2023

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

Future CFO

MARCH 29, 2021

Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. Recurring pain points in accounts payables. Benefits of automating accounts payables.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

E78 Partners

JUNE 2, 2023

Mitigation of Financial Risks: Spend management helps CFOs minimize financial risks like overspending, non-compliance, and fraud. Maintain Accurate Inventory : Maintaining an accurate inventory of invoiced items is central to spend management. This control fosters financial discipline and informs strategic decisions.

Auditing 52

Auditing Vendor Management Leverage Leadership 52

Bramasol

FEBRUARY 28, 2023

An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. They don't want to worry about or deal with the inherent complexity required in the backend to assure provisioning, delivery and associated revenue compliance issues.

SAP 76

SAP Compliance Transportation Entertainment 76

Bramasol

MAY 30, 2022

An EMS is effectively a bridge between sales and provisioning, with linkage to backend accounting and revenue compliance systems. Seamless integration to revenue recognition compliance and reporting functions. Ability to track detailed usage without impacting backend billing processes.

SAP 76

SAP Compliance Treasury Invoicing 76

Bramasol

MAY 31, 2023

We also met with many forward-looking companies seeking to accelerate their digital transformation roadmaps, launch new Digital Solutions Economy™ offerings, and/or optimize their compliance programs. along with ERP, finance, and revenue recognition functions within the overall SAP ecosystem.

SAP 76

SAP Compliance Transportation Leverage 76

Future CFO

JANUARY 30, 2023

Electronic invoicing is now widely used by finance departments, although more leading edge technologies, such as process mining, data-oriented process analysis, and machine learning, are still being explored, Deloitte pointed out. However, many believe their digitisation journeys are still at a preliminary stage, the firm added.

Healthcare 52

Healthcare CFO Finance Leadership 52

Bramasol

JUNE 30, 2023

For example, RPA processes handling repetitive and rule-based tasks, such as data entry, document processing, and invoice reconciliation can be guided by new, higher level AI insights and learning capabilities. Customer Experience and Personalization: AI enables businesses to deliver personalized experiences to their B2B customers.

SAP 76

SAP B2B Leverage Analyzing Data 76

The Finance Weekly

JANUARY 21, 2024

Some: 41% of finance teams have Issues Identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.

Financial Planning and Analysis (FP&A) 40

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

Bramasol

DECEMBER 14, 2023

End-to-End Quote-to-Cash-to-Compliance Processes for DSE When Bramasol first coined the term Digital Solutions Economy (DSE) in May 2021 , we already knew that the challenges of managing new recuring revenue streams involved much more than just focusing on subscriptions at the customer-facing front-end.

Technology 88

Technology SAP IFRS Compliance 88

Bramasol

MARCH 4, 2022

As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance. For more info, check out the resource links below: Podcast: SAP’s Pete Graham on Anything-as-a-Service and How SAP Enables XaaS.

SAP 93

SAP B2C Manufacturing Treasury 93

Future CFO

MAY 19, 2020

For instance, invoice processing can be a very labour-intensive workflow. You need to prepare an invoice and send it to a customer. With the use of automation capabilities in handling invoices, administrative processes become seamless and smoother, especially for closing and servicing processes.

Finance 52

Finance Invoicing Auditing Technology 52

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

The CFO College

AUGUST 31, 2021

If the startup is already operating, have your clients invoice customers as soon as possible. They look for strong and experienced leadership, a good track record, a product that solves a problem and fills a high demand, and intellectual property that has a ton of value and is disruptive.

Startups 81

Startups Accounting General Ledger Forecasting 81

Future CFO

APRIL 4, 2023

This involves activities within the source to pay such as invoice processing and payment as well as month-end reporting and reconciliation work. The next stage of expansion involves more value-add activities by the Finance team such as budgeting and forecasting, credit management & collections, tax compliance and FP&A.

Finance 52

Finance Reconciliations Invoicing Budgeting 52

PYMNTS

SEPTEMBER 7, 2017

Electronic invoicing, too, will be an important focus to boosting payments efficiency, the Fed said. Its role in this regard will be to support the industry as it establishes standards for end-to-end electronic B2B invoice, payments and remittance processing. Cross-Border Payments.

B2B 49

B2B Invoicing Securities Leadership 49

Future CFO

FEBRUARY 10, 2021

Technology also helped International SOS implement an AI-enabled OCR solution during the pandemic and enabled digital invoicing from hospitals and clinics. For Venkat Padmanabhan , president – Finance at Olam International, it comes to leadership. “We replaced our entire treasury system in five months remotely,” he described.

CFO 52

CFO Finance Auditing Treasury 52

CFO Talks

DECEMBER 26, 2021

So a lot of invoices, accounts payable, accounts receivable, cash flow management, treasury working with procurements, so really the back office function at Anheuser-Busch, really pushing, making sure that everything works efficiently. It’s an incredible story of leadership and courage. So really a short, medium and long-term vision.

Manufacturing 75

Manufacturing CFO Budgeting IFRS 75

PYMNTS

DECEMBER 1, 2016

From paper checks and invoices, to phone calls to track down payments and manual processes, there are many pain points impacting the flow of transactions between buyer and suppliers. Unfortunately, for both buyers and suppliers, friction and B2B payments tend to go hand in hand. Finding The Payments Middle Ground.

B2B 51

B2B Invoicing Leadership Education 51