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New RevRec Optimization Enhancements with SAP S/4HANA, RAR, and Cloud Options

Bramasol

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.

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Mastercard teams with SAP Concur for automated expense and invoice management in APAC

Future CFO

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.

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Mid-Year Update on Key Trends to Watch

Bramasol

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
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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. to drive financial models.

SAP 88
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How SAP ERP Clean Core Helps Minimize Digital Debt and Enhance Agility

Bramasol

Recent posts in this series have provided updates on SAP RISE and GROW , with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions. The table below shows key criteria that SAP recommends for maintaining the clean core.

SAP 81
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How to Identify and Reduce "Digital Debt" in Your Finance Systems

Bramasol

As with real world debt, Digital Debt must be serviced with high on-going costs; primarily in the form of low productivity, time-consuming data reconciliation, lack of end-to-end visibility and continuous maintenance updates. Adopting standalone solutions to meet compliance requirements deadlines. Leveraging RISE with SAP.

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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.