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Webinar: Leveraging Universal RevRec for Pre-built Process Efficiency and Optimized Best Practices

Bramasol

Simplifying Revenue Recognition with SAP S/4HANA Cloud Public Edition: Introducing Universal RevRec In today's fast-evolving digital economy, revenue recognition is no longer just about compliance—it’s a strategic capability that drives insight, accountability, and business agility. What Is Universal RevRec?

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RISE with SAP is the Perfect Complement for Comply, Optimize, Transform

Bramasol

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.

SAP 91
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SAP Cloud ERP Gives Software & SaaS Companies a One-Stop Transformation Solution

Bramasol

To effectively manage these challenges, more large and mid-sized SaaS companies are now moving away from traditional on-premise ERP systems or outgrowing the limitations of low-end cloud ERPs, with the majority shifting to comprehensive cloud-based ERP solutions such as SAP S/4HANA Cloud ERP.

SAP 85
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Integrating RevRec and Cost Accounting in the SAP Public Cloud

Bramasol

Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. This provides the basis for real-time matching of revenue and cost.

SAP 94
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New RevRec Optimization Enhancements with SAP S/4HANA, RAR, and Cloud Options

Bramasol

Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success. Resolution of data quality issues.

SAP 88
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The Changing Role of CFOs in a Technology-Driven World

Bramasol

They are expected to provide financial leadership and insight into the organization's strategic direction. The other is the International Accounting Standards Board (IASB), whose rules for financial reporting are known as International Financial Reporting Standards (IFRS).

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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

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.