Remove IFRS Remove SAP Remove Technology
article thumbnail

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. Proper classification and reporting must be in place to comply with ASC 842 or IFRS 16. test strips, surgical instruments, etc.)

SAP
article thumbnail

From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

Follow standard accounting rules In most industries, this means using IFRS (International Financial Reporting Standards) or IFRS for SME (International Financial Reporting Standard for Small and Medium-sized Entities) to prepare financial statements. This saves time and reduces the risk of mistakes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SAP Cloud ERP is Enabling the Future for the Utilities Industry

Bramasol

Automation and AI Integration : Automation and AI technologies are being embedded within ERP solutions to enhance customer service, decision-making, predictive analytics, and operational efficiencies, thereby reducing reliance on manual interventions. Energy Storage and Management : As energy storage technologies (e.g.,

SAP
article thumbnail

The 6 things every CFO should do to prepare for CBAM

CFO Dive

The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. SAP Green Token, for example, can automatically collect and consolidate CBAM-relevant data from your ERP as well as generate CBAM reports ready for submission. TechTarget, Inc.s

CFO
article thumbnail

Waves of Change in the Media Industry are Enabled by SAP Cloud ERP Solutions

Bramasol

Mergers & Acquisitions (M&A) Activity: M&A activity in the media sector has surged as companies seek to consolidate, diversify their content offerings, and gain access to new technologies or market segments. Cross-Industry Mergers : Another trend is the convergence of media companies with technology and telecommunications firms.

SAP
article thumbnail

Subscription-Based Offerings Are Radically Changing the Automotive Sector

Bramasol

This ensures that vehicles remain up-to-date with the latest technology and performance improvements without requiring physical visits to service centers. Customers can access the latest technological advancements without waiting for new model releases or major upgrades. This reduces administrative effort and ensures timely payments.

SAP
article thumbnail

The Changing Role of CFOs in a Technology-Driven World

Bramasol

This blog post provides an overview of these major waves of change based Bramasol's more than 27 years of working closely with CFOs and their stakeholders across many industry segments and technology innovation cycles. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.