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Medical Device Makers Leverage SAP Cloud ERP for New Business Models

Bramasol

This Insights post provides an overview of these new medical device product/service offerings and an exploration of how SAP Cloud ERP can help optimize and unify back-end systems for managing them. This model reduces the upfront costs for healthcare providers and ensures a regular income for the manufacturer.

SAP
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SAP AI Solutions Are Helping Transform Businesses Across Multiple Industries

Bramasol

Building on long-time leadership in enterprise resource planning (ERP) and business software solutions, SAP is now increasingly recognized for its ability to provide AI-driven capabilities across industries. AI optimizes the quote-to-cash and subscription billing processes, improving invoicing accuracy and speeding up payment cycles.

SAP
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From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

Healthcare and medical services They must comply with data protection laws, such as POPIA, to keep patient information private. Some useful tools include: ERP (Enterprise Resource Planning) systems These systems (such as SAP, Oracle, or Sage) help track financial transactions and automate reporting.

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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.