SAP Compliance Management
Navigator SAP
JANUARY 1, 2023
Businesses often view compliance management with a mixture of confusion and dread due to the constant changes that occur to compliance recommendations and regulations.
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Navigator SAP
JANUARY 1, 2023
Businesses often view compliance management with a mixture of confusion and dread due to the constant changes that occur to compliance recommendations and regulations.
Navigator SAP
JUNE 24, 2022
Today, life sciences firms need the power and features of industry-standard enterprise resource planning software such as SAP Business ByDesign. This would never have happened if Public Health England had been using an ERP system by SAP. When that is lacking, situations arise like what happened recently at Public Health England.
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Bramasol
OCTOBER 24, 2023
Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC) , the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings.
Bramasol
MAY 8, 2023
In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth. RISE with SAP and SAP GROW are two distinct offerings that serve different purposes as outlined below.
Bramasol
AUGUST 31, 2023
Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.
Bramasol
SEPTEMBER 13, 2023
Learn how SAP Event Based Revenue Recognition (EBRR) in the SAP Public Cloud can enhance revenue management and ensure compliance for subscription-based offerings, thus enabling businesses to streamline and optimize their processes. Watch this free webcast to get a detailed look at the why, what and how of EBRR.
Bramasol
MAY 31, 2023
The Bramasol team at SAP Sapphire all agreed that it was one of the best events we've attended in quite a while, with lots of opportunities for deep engagement with SAP experts. SAP Business Transformation Center determines which data needs to be transferred.
Bramasol
MARCH 31, 2023
The Bramasol team had the pleasure of doing just that last week at SAP Insider in Las Vegas and it was both enjoyable and very informative! Here are four key insights and trends from our interactions with fellow participants at the SAP Insider Event. Some of the other real-world benefits of BRIM-enabled DSE offerings are shown below.
Navigator SAP
NOVEMBER 4, 2022
This is particularly true in industries with complex supply chains and strict compliance, tracking, and documentation needs. Growing companies face a multitude of challenges in today’s post-pandemic environment.
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.
Navigator SAP
APRIL 27, 2022
SAP ERP is one such tool that allows companies in the life science industry to do just that. Automation of key business processes in the life science industry has profound benefits.
PYMNTS
AUGUST 9, 2020
Google’s transition to SAP Ariba ‘s cloud-based services has a completion date set for Aug. Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Last October, U.S.
Bramasol
OCTOBER 10, 2022
This one-of-a-kind conference features industry leaders sharing how the SAP Billing and Revenue Innovation Management (BRIM) portfolio elevates customer lifetime value, enables predictable recurring revenue, and drives efficiency in the entire quote-to-cash process. DSE in the Medical Device Industry. DSE in the UtilitiesIndustry.
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. Resolution of data quality issues.
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.
Bramasol
APRIL 8, 2022
Join us for this webinar as experts from Bramasol and SAP unpack the key aspects of BRIM and discuss how they can be applied to your specific requirements for end-to-end order-to-cash-to-compliance excellence.
Bramasol
JANUARY 16, 2022
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?
Bramasol
MAY 9, 2022
SAP BRIM provides a portfolio of integrated solutions that can be deployed individually or in a holistic approach. Regardless of which revenue generating model your company wants to apply, BRIM along with related SAP finance and compliance applications help optimize and consolidate business processes for sales, delivery, and billing.
PYMNTS
JANUARY 24, 2021
Software giant SAP Hong Kong and consulting powerhouse Deloitte have partnered on an offering they say provides substantial benefits to businesses engaged in cross-border trade, according to a press release. They cited COVID-19 as one factor that is making trade more difficult.
Bramasol
OCTOBER 31, 2023
Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. What Does Co-Specialization in RevRec and QTC Entail?
Bramasol
MAY 9, 2022
Register Now for the webinar as experts from Bramasol and SAP provide a deep dive into these key impacts of moving to DSE subscription models, along with specific actions you can take to optimize your order-to-cash processes.
Bramasol
JUNE 14, 2022
SAP Convergent Mediation by DigitalRoute is a purpose-built solution that can track and orchestrate data from virtually any billing systems and seamlessly integrate with backend order management, fulfillment, delivery, accounting and compliance systems.
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.
Bramasol
NOVEMBER 8, 2021
Movement on the part of global accounting groups, such as FASB, IASB and IFRS, to develop detailed compliance guidelines and regulations around carbon-accounting and sustainability. New legislation regarding carbon offsets and disclosure reporting that will materially impact many companies' bottom line.
Bramasol
OCTOBER 31, 2023
Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. What Does Co-Specialization in RevRec and QTC Entail?
PYMNTS
FEBRUARY 10, 2020
FinTech firm Fiserv is partnering with software company SAP to help worldwide B2B companies streamline payments and improve working capital, Fiserv announced on Monday (Feb. Many Fiserv clients have already started to see the benefits of the SnapPay-SAP integration. ” Fiserv posted Q4 adjusted earnings of $1.13
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.
PYMNTS
JANUARY 15, 2021
AspireHR teamed with SAP Concur for a reselling and system connection collaboration to bring the latter company’s travel, expense and invoice management offerings to additional North American companies, according to a Thursday (Jan. 14) announcement. Brex card activity appears on Concur Expense automatically with the link.
PYMNTS
FEBRUARY 18, 2020
India’s HDFC Bank has teamed up with Mastercard and SAP Concur to manage corporate travel and expense management, according to a report by The Economic Times. Mastercard and SAP Concur, an invoice management company, will provide support for the card.
Bramasol
AUGUST 29, 2023
So, if you want to get more out of your use of SAP applications for DSE, quote-to-cash, compliance, and reporting, register now and be sure to include your questions – or just bring them to the session!
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.
PYMNTS
JULY 15, 2020
Users of SAP are being encouraged to apply a new patch to prevent against hacking due to a pre-existing flaw in the software, according to ARN. As many as 40,000 SAP users could be affected, according to data from security firm Onapsis. are affected, including the newest one, along with all SAP support packages.
Bramasol
AUGUST 11, 2023
Legal and Regulatory Compliance: There are numerous data protection laws and regulations that companies must adhere to, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Non-compliance can result in hefty fines and legal penalties.
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.
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. For revenue recognition, they also must comply with ASC 606 and IFRS 15.
Bramasol
FEBRUARY 7, 2023
Join Bramasol experts and guest speakers from SAP as we take a broad look at the trends and the strategies that provide better business value. We will discuss specific areas where integrating SAP Revenue Accounting solutions with SAP BRIM can provide better business value and become a key part of your business transformation.
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.
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.
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.
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.
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.
Future CFO
MAY 23, 2021
But no, control and compliance aren’t out of reach. Click on the link and download this e-book from SAP Concur to find out more. DOWNLOAD NOW The post Cost and compliance. Yes, it’s always been a struggle. And yes, the struggle is currently more acute. Two things you can still control appeared first on FutureCFO.
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.
PYMNTS
AUGUST 14, 2019
Through a new collaboration with taxi fleet operator Cabcharge, SAP Concur is helping to digitize the paper receipts that corporate travelers get when taking traditional taxis. When they use the FASTCARD, travelers will see the transaction data automatically entered into their SAP Concur accounts. Reports in IT Wire on Tuesday (Aug.
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