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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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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.

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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.

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Cash-Flow Forecasting remains KING

Simply Treasury

Treasury management is “anticipation”. Unfortunately, invoices do not get paid in profit, but in cash. This explains why the treasury manager, “the custodian of cash”, has become a centre of attention and why Cash Flow Forecasts (CFF) have become so essential. not all cash can be reported to central treasury.

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ERP and EPM Systems – Better Together

Planful

Treasury and cash management. 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. Here are some of the key processes supported by an ERP system: Purchasing. Accounts payable. Fixed asset management.

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165: Daniel Raubenheimer

CFO Talks

So a lot of invoices, accounts payable, accounts receivable, cash flow management, treasury working with procurements, so really the back office function at Anheuser-Busch, really pushing, making sure that everything works efficiently. So a lot of it was leading back office finance for the company.

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Four Key Technology Trends to Watch in 2024

Bramasol

With our core focus on financial applications such as order-to-cash, revenue recognition, subscription-billing, leasing, treasury and other solutions, Bramasol has significant experience in virtually all aspects of S/4HANA migration that involve the Office of the CFO.