Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

IFRS 97

IFRS Technology SAP Compliance 97

Bramasol

MARCH 10, 2023

By using SAP BRIM , electronics product manufacturers, suppliers and distributors can automate and streamline their billing and revenue processes, thereby reducing manual effort and improving accuracy, while also providing ongoing insights into customer behavior and revenue trends.

SAP 86

SAP Manufacturing Compliance Leverage 86

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. At Sapphire 2023, SAP also introduced a new component called the Sustainability Data Exchange within the SAP Business Network.

IFRS 89

IFRS Accounting SAP Compliance 89

Bramasol

DECEMBER 19, 2023

Dive into a comprehensive BRIM Overview and discover how to maximize SAP BRIM's potential across payment systems. 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.

SAP 52

SAP Invoicing Compliance Leverage 52

Bramasol

SEPTEMBER 10, 2023

How Generative AI and SAP are Changing the Game Bramasol, a s a long-serving SAP partner, has been deeply involved with integrating the above AI and machine learning applications across many client implementations spanning compliance, finance and DSE projects.

SAP 91

SAP B2C B2B Microsoft Office 91

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 79

SAP Compliance Leverage Accounting Standards 79

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

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 77

Accounting SAP GAAP IFRS 77

Bramasol

SEPTEMBER 26, 2022

Solutions such as SAP Billing and Revenue Innovation Management (BRIM) enable transportation companies to smoothly transition from their conventional business models to new subscription based offerings. Other related solutions in the SAP ecosystem are key to helping transportation companies make the transition to these new business models.

Transportation 89

Transportation SAP IFRS Compliance 89

PYMNTS

FEBRUARY 14, 2018

SAP is rolling out a new solution to help companies detect fraudulent transactions and mitigate risk. 13) that its SAP Business Integrity Screening application is now available to address financial risk within business transactions. The cloud company said Tuesday (Feb.

SAP 45

SAP Compliance Analyzing Data Leverage 45

Bramasol

JUNE 30, 2023

As more companies take advantage of the predictable recurring revenues and customer loyalty enhancements provided by DSE business models, it has become clear that a holistic approach is the only way to deliver front-end customer-facing flexibility combined with back-end scalability, profitability and compliance.

SAP 78

SAP B2B Leverage Analyzing Data 78

Navigator SAP

FEBRUARY 17, 2022

There are many benefits of cloud ERP systems such as SAP ByDesign, as they are designed with easy-to-use dashboards akin to those consumers use online in their everyday lives. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Manufacturing Compliance 130

Future CFO

APRIL 24, 2024

Intel is a prime example of an organisation effectively leveraging AI and automation to streamline the intricate process of updating product codes for global shipments. The company also mitigated significant trade compliance risks by reducing shipments on hold and global customs fees, saving hundreds of thousands of dollars.

SAP 52

SAP Finance Invoicing CFO 52

Bramasol

NOVEMBER 27, 2021

The ability to "drill-down and drill-through" these deeper data elements is critical not only to understanding customer behavior but also for accounting compliance requirements. Fortunately, many of these DSE data challenges can be addressed using a range of interrelated applications and technologies within the SAP ecosystem.

SAP 60

SAP B2C Compliance Data Analysis 60

Bramasol

OCTOBER 28, 2022

For example, bundling of chips, software and service offerings that involve multiple companies often entail complex revenue recognition and compliance issues, and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation solutions. Embedded Analytics for DSE.

SAP 89

SAP Manufacturing Compliance Transportation 89

Bramasol

FEBRUARY 9, 2024

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

SAP 93

SAP Compliance Invoicing Leverage 93

Bramasol

APRIL 15, 2024

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 90

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 90

Bramasol

AUGUST 18, 2022

These B2B applications of DSE solutions, such as SAP Billing and Revenue Innovation Management (BRIM) , will enable companies to more efficiently integrate new energy sources while balancing the transition from fossil fuels.

SAP 83

SAP Compliance B2B Leverage 83

Future CFO

MARCH 1, 2023

But with no guarantee of success, in fact, as much as 70% of finance transformations fail , FutureCFO spoke to Dr Carl Jones , managing director for Southeast Asia at SAP Concur , for his take on why efforts to transform fail and how to go about improving the odds. What are the primary objectives of finance transformation?

Finance 91

Finance Benchmarking Compliance SAP 91

Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.

Compliance 76

Compliance SAP General Ledger B2C 76

Bramasol

MARCH 7, 2024

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 83

SAP Compliance Reconciliations Leverage 83

Bramasol

FEBRUARY 29, 2024

Last year's post " Overview of GROW and RISE with SAP " was one of the most popular and widely shared episodes in this blog series and so it is now time to take another visit to these topics. In this new post, we explore both the progress SAP has made with RISE and GROW evolution and a look at the exciting opportunities going forward.

SAP 59

SAP IFRS Compliance Leverage 59

Bramasol

JANUARY 27, 2023

Effective lease management must go beyond a one-time compliance perspective by enabling both ongoing management of lease changes and seamless integration with associated finance processes. SAP Contract and Lease Management (CLM) is a leading end-to-end solution for managing contracts for both lessors and lessees.

Compliance 87

Compliance IFRS SAP Accounting Standards 87

Future CFO

SEPTEMBER 9, 2019

In fact, if you can make the user experience easy, you can drive compliance. Enterprise technology today is highly advanced, and is capable of helping you achieve much more than you can imagine, if you know how to leverage it. And for finance professionals, being compliant is a huge deal.

Compliance 40

Compliance SAP Finance Technology 40

Spreadym

SEPTEMBER 27, 2023

SAP Business Planning and Consolidation (BPC): SAP BPC is part of the SAP ecosystem and offers comprehensive financial planning and consolidation capabilities. It integrates with other SAP solutions and has strong reporting and analytics features. Here are some of the key advantages and disadvantages of SAP BPC.

SAP 59

SAP Budgeting Forecasting Auditing 59

Bramasol

OCTOBER 26, 2021

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.

SAP 88

SAP IFRS Compliance Treasury 88

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. For more information, check out these resources: Podcast: SAP's Scott Campbell Discusses Telecom and Media. Embedded Analytics for DSE.

SAP 92

SAP Compliance Leverage Entertainment 92

Future CFO

MARCH 7, 2021

The participants are: Gina McNamara , Chief Financial Officer, SAP Australia and New Zealand (ANZ). McNamara: At SAP, we have an internal mentoring group for females working in finance called Future Female Leaders, providing employees with an opportunity to be mentored by other finance professionals from offices around the world.

Finance 52

Finance SAP Leadership CFO 52

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 88

SAP Corporate Finance Compliance Invoicing 88

PYMNTS

MAY 11, 2018

“These ‘digital footprints’ are ubiquitous and can be leveraged to create a clear picture of what’s really happening within an organization’s financial processes, no matter how many IT systems are linked together,” he added. .

Accounts Payable 40

Accounts Payable Treasury SAP Forecasting 40

Bramasol

NOVEMBER 13, 2023

In this post, we shift gears to provide insights into the Professional Services arena, where Bramasol not only serves clients but we also participate as a leading services provider for SAP solutions. This requires building a team of senior consultants with years of hands-on experience in front-line conceptualization-to-implementation.

SAP 79

SAP General Ledger IFRS Compliance 79

Future CFO

FEBRUARY 22, 2024

The pressure on finance leaders to deliver strategic insights and ensure compliance is mounting in this dynamic environment. Additionally, CFOs are now required to oversee compliance beyond traditional financial reporting, which extends to new areas such as ESG," Chee adds. These challenges, like tangled vines, impede progress.

Financial Planning and Analysis (FP&A) 97

Financial Planning and Analysis (FP&A) Finance Compliance SAP 97

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? In light of this accelerating development of Carbon Accounting compliance and reporting standards, what should companies be doing now? and also identified as one the Five Key Trends to Watch in 2022.

Accounting 83

Accounting SAP Analyzing Data IFRS 83

Bramasol

JUNE 29, 2022

In addition, new compliance requirements such as recent changes in revenue recognition , lease accounting , and the emergence of sustainability issues with carbon accounting all impact various activities in the value chain. The Digital Value Chain. It is important to remember that this transition is much more than just a software upgrade.

SAP 91

SAP Compliance Communication Leverage 91

Bramasol

JULY 14, 2022

SAP is at the forefront in providing Data Fabric solutions with advanced data and analytics capabilities in the SAP Business Technology Platform (BTP) , SAP Data Intelligence Cloud , and S/4HANA Cloud environments. For more information on data management, integration and migration, check out these resources: SAP Analytics Cloud.

SAP 80

SAP Compliance Leadership Healthcare 80

Bramasol

MAY 6, 2022

Adopting standalone solutions to meet compliance requirements deadlines. Bramasol's core practices are aligned with SAP's recommendations for leveraging a Fit-to-Standard approach to configure solutions that are as close as possible to standard processes. Leveraging RISE with SAP. Building a Roadmap with S/4HANA.

SAP 71

SAP Finance Reconciliations Leverage 71

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