Bramasol

SEPTEMBER 29, 2023

According to a PwC 2022 Global Digital CFO Survey , 73% of CFOs agree that digitalization of the finance function is a high priority and already 18.5% The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS).

IFRS 95

IFRS Technology SAP Compliance 95

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. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 65

SAP IFRS Compliance Construction 65

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. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 52

SAP IFRS Compliance Construction 52

Bramasol

JUNE 10, 2022

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.

Accounting Principles 85

Accounting Principles IFRS SAP Accounting 85

Bramasol

DECEMBER 14, 2023

This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.

Technology 88

Technology SAP IFRS Compliance 88