Bramasol

MARCH 20, 2024

Bundling of chips, software and service offerings that involve multiple companies often entails complex revenue recognition and compliance issues , and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation management solutions.

SAP 92

SAP Compliance Manufacturing Leverage 92

Future CFO

JANUARY 26, 2024

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments. This ensures that invoices move through the approval chain efficiently and minimises bottlenecks.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

Future CFO

FEBRUARY 15, 2021

Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks, companies and government agencies in Asia Pacific for transactions with corporate cards. The post Mastercard teams with SAP Concur for automated expense and invoice management in APAC appeared first on FutureCFO.

SAP 40

SAP Invoicing Reconciliations Compliance 40

Future CFO

APRIL 24, 2024

New computer vision and generative AI capabilities can empower finance teams with the ability to transfer between documents, spreadsheets, and apps; understand content; and automatically insert data in the right places for better invoice management. Within just four months, Intel classified over 56,000 products with 99% accuracy.

SAP 98

SAP Finance Invoicing CFO 98

Bramasol

JANUARY 13, 2023

Leveraging AI and machine learning to improve network management, security and performance. Heightened emphasis on building in sustainability and ESG compliance for network operations. DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity. Forecasting and Planning for the Digital Solutions Economy.

SAP 90

SAP Compliance Leverage Entertainment 90

Bramasol

MARCH 31, 2023

According to SAP's high-tech industry executive Patrick Maroney , " Offering a usage- or subscription-based solution entails a fundamental change in your business model, whereby there is synchronization and native integration between commerce, configuration, pricing, quotation, finance, supply chain, billing/invoicing and entitlement management. "

SAP 84

SAP Compliance Invoicing B2C 84

Navigator SAP

FEBRUARY 17, 2022

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

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

Bramasol

DECEMBER 19, 2023

Gain insights into how SAP Event Based Revenue Recognition can enhance revenue management and ensure compliance for subscription-based offerings, enabling businesses to streamline and optimize their processes. Watch Now! Which of these webcasts stood out to you the most? What topics would you like to see us cover in our webcasts?

SAP 52

SAP Invoicing Compliance Leverage 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. Freeze periods on time-based POBs.

SAP 83

SAP IFRS Compliance Invoicing 83

Bramasol

APRIL 26, 2023

And on the back-end the company needs to integrate with revenue management and compliance reporting processes that properly account for various revenue streams. The following sections briefly describe how the applications within SAP Quote-to-Cash can be leveraged in various combinations to address different use case implementation scenarios.

SAP 86

SAP Corporate Finance Compliance Invoicing 86

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

PYMNTS

DECEMBER 16, 2020

“Using the EnKash digital platform and Mastercard payment network, the corporate can leverage their unutilized credit lines to pay multiple types of core and non-core financial transactions including utility, rental, GST, fuel and many others B2B suppliers more efficiently,” the release stated. Suppliers will have improved cash flows.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

PYMNTS

APRIL 29, 2020

Surecomp noted the solution was developed in partnership with banks, meaning it supports compliance and security while integrating directly into FIs’ back offices. And so, it’s predicated on those with big balance sheets and data able to leverage their positions, versus the startups and those it was designed to foster.”

Banking 95

Banking Foreign Exchange Invoicing Finance 95

https://trustedcfosolutions.com/feed/

APRIL 5, 2023

Streamlines invoicing and payment processes help you get paid faster and reduce the time it takes to close out the month. Allows user-defined workflows to improve efficiency, compliance, and transparency, providing consistent audit trail visibility.

General Ledger 62

General Ledger Reconciliations Accounting Standards Auditing 62

Future CFO

JULY 4, 2023

a range of other compliance complexities are putting pressure on tax and finance functions, EY noted, adding that these include the US corporate alternative minimum tax, green and sustainability taxes, the EU’s Carbon Border Adjustment Mechanism and an accelerating pace of countries converting to e-invoicing. Beyond BEPS 2.0,

Finance 52

Finance Concentration Invoicing Compliance 52

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

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

PYMNTS

JULY 23, 2020

The goal is to provide a better user experience for invoicing and a reduced risk of fraud. GEP SMART is the cloud-processing program that helps go through millions of invoices per year, and by setting it aside, it could become the first step for many companies to digitize their processes — a popular move to make amid the new pandemic economy.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

Bramasol

JULY 31, 2023

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates.

Accounting 75

Accounting SAP GAAP IFRS 75

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

The Charity CFO

NOVEMBER 30, 2023

During the audit, you’ll generally be asked to show: Receipts for purchases Invoices and revenue records Donation records Payroll and other recurring expense reports Supporting documents related to finances With all of the records required, it can be easy to make a mistake. These penalties can be crushing for nonprofits.

Nonprofit 52

Nonprofit Auditing Compliance Education 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. This cost-effective model allows businesses of all sizes to leverage advanced technologies without financial constraints.

SAP 76

SAP B2B Leverage Analyzing Data 76

The Finance Weekly

MARCH 5, 2024

Next, came a new solution, Datarails Connect , which leverages Excel's success to transform it into a kind of self-service BI solution, enabling finance professionals to become truly independent by connecting their entire data stack to Excel in a simple and self-service manner.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Leverage Cash Management 52

PYMNTS

AUGUST 19, 2019

The data was based on expense report, contract and invoice audit data from billions of transactions across hundreds of enterprise customers from April 1, 2019, through June 30, 2019, AppZen said. Similarly, about 4 percent of invoices are flagged as high risk. The employee was paid out, and so was the invoice.

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

SEPTEMBER 6, 2019

The company aims to reduce days sales outstanding (DSO) by using technology to track unpaid invoices, using technology that sits between a company’s bank account and its customers to identify when invoices have been paid. France’s Upflow announced a $2.7 Sweden’s Capcito announced this week a $7.7

B2B 62

B2B Invoicing Accounts Payable Startups 62

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

PYMNTS

OCTOBER 27, 2016

“Our newest blockchain certification product demonstrates our continued commitment to help enterprises leverage the cutting-edge and digital native technology to improve their payment, invoice and billing process,” said PayStand CEO Jeremy Almond in a statement. ” . ”

B2B 75

B2B Auditing Invoicing Compliance 75

PYMNTS

APRIL 7, 2019

Typical legacy payment platforms employ rigid, rules-based systems to perform ‘best effort’ reconciliation of invoices with monies received for businesses and institutions collecting payments,” the company said. The new capabilities also further optimize FX conversion,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

The Charity CFO

APRIL 1, 2024

Your nonprofit accounting setup needs to be able to meet tax and legal regulation and reporting requirements so you stay in compliance and retain the public’s trust. A good technology solution addresses each of your nonprofit accounting concerns.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 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

PYMNTS

NOVEMBER 18, 2016

The firms said the solution supports multiple points in the procurement process, including on-site purchasing, purchase order and invoice management, data capture, vendor compliance and reporting.

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. They also had to learn how to leverage the new opportunities from payments to go beyond just the handling of transactions, and how to derive new revenue streams and build new products and services around payments.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

DECEMBER 21, 2020

More and more companies are starting to leverage payments technology with [virtual cards] because of the value to all players in the ecosystem,” Fenton said. Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending.

B2B 79

B2B Healthcare Investments Auditing 79

PYMNTS

OCTOBER 13, 2016

Its cloud-based software supports purchasing, purchase order management, approvals, invoice data capture and vendor compliance, the firm added. “We are excited to work with the Mainsail team and leverage their experience helping software companies scale and succeed.”

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

SEPTEMBER 7, 2017

When organizations take in and pay out purchase orders and invoices, what does the perfect payment look like? But manually processing invoices can represent around 60 percent of labor costs, noted Webster. If so, the organization would be crazy not to leverage that. Indeed, Sneed said, many seem unwilling to do so.

Accounts Payable 56

Accounts Payable Invoicing Benchmarking Leverage 56

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Eliminating manual processes. Enhancing visibility.

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40