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.

Accounting 75

Accounting SAP GAAP IFRS 75

Planful

AUGUST 1, 2017

Multi-GAAP reporting (i.e., US GAAP, Canadian GAAP, IFRS, etc.). So instead, most organizations leverage software applications designed to address all of these requirements – software that also helps them manage and streamline the close, consolidation, and reporting process. Intercompany reconciliations.

GAAP 40

GAAP Value-Added Analysis IFRS Auditing 40

Planful

FEBRUARY 21, 2017

These results then require consolidation following US GAAP or IFRS guidelines. Leveraging spreadsheets and email to manage the financial close and reporting process may work for smaller companies with simple requirements.

Reconciliations 40

Reconciliations IFRS GAAP Leverage 40

Spreadym

AUGUST 10, 2023

Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). It operates within an Excel-native environment, providing users with a familiar interface while leveraging the advantages of a planning platform.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

Planful

JANUARY 3, 2017

These systems provide built-in support for complexities such as currency translation, intercompany eliminations, and reporting under multiple accounting guidelines, such as US GAAP or IFRS. The need for an EPM solution will emerge.

General Ledger 40

General Ledger Budgeting Forecasting Cash Flow Forecasting 40

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Automated reporting also enforces compliance with GAAP and IFRS standards.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52