Remove Forecasting Remove IFRS Remove Invoicing
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Cash-Flow Forecasting remains KING

Simply Treasury

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

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Future-proofing the finance infrastructure

Future CFO

Harmonising financial reporting and compliance Finding the balance between financial reporting and compliance across multiple jurisdictions, while trying to comply to global standards such US GAAP and IFRS with local tax regimes and regulatory requirements without overburdening local teams can be such a huge task for many organisations.

Finance 52
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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SAP Cloud ERP Gives Software & SaaS Companies a One-Stop Transformation Solution

Bramasol

Revenue Recognition Compliance: Navigating ASC 606 / IFRS 15 rules for multi-element arrangements and variable consideration. Quote-to-Cash Integration: Ensuring end-to-end automation from quoting to invoicing to cash collection. Data Silos: Aligning product usage, support, CRM, billing, and finance data across platforms.

SAP 86
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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Bramasol

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 69
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Unifying Operational Accounting and Compliance Accounting in the Office of the CFO

Bramasol

For example, the shift toward subscription-based, recuring revenue offerings in the Digital Solutions Economy (DSE) is requiring significant process changes in order to unify billing, invoicing, delivery, collections, etc. This has enabled clients to smoothly comply with ASC 842 and IFRS 16.

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Why It's Important to Work with Specialists in RevRec and QTC

Bramasol

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 52