Bramasol

SEPTEMBER 12, 2022

This blog post provides an overview of how the latest enhancements within the SAP ecosystem can provide a useful roadmap for the next steps toward optimization and ultimately transformation. Decoupling of revenue recognition rules and rules engine from order entry and billing systems. Freeze periods on time-based POBs.

SAP 85

SAP IFRS Compliance Invoicing 85

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. IFRS S2 sets out specific climate-related disclosures and is designed to be used with IFRS S1. 

IFRS 89

IFRS Accounting SAP Compliance 89

Bramasol

OCTOBER 31, 2023

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety. What Does Co-Specialization in RevRec and QTC Entail? The Five Step model remains the basic guideline, however the process of performing each step has become more complex.

SAP 66

SAP IFRS Compliance Construction 66

Bramasol

MARCH 10, 2023

Virtually all segments of the electronics industry have implemented or are considering subscription-based offerings, including OEM makers of devices and systems, as well as the parts manufacturers and distributors within the electronics industry supply chain. For example, customers may choose from different subscription tiers, discounts, etc.

SAP 86

SAP Manufacturing Compliance Leverage 86

Bramasol

OCTOBER 31, 2023

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety. What Does Co-Specialization in RevRec and QTC Entail? The Five Step model remains the basic guideline, however the process of performing each step has become more complex.

SAP 52

SAP IFRS Compliance Construction 52

PYMNTS

JANUARY 15, 2021

AspireHR teamed with SAP Concur for a reselling and system connection collaboration to bring the latter company’s travel, expense and invoice management offerings to additional North American companies, according to a Thursday (Jan. 14) announcement. Brex card activity appears on Concur Expense automatically with the link.

SAP 56

SAP Invoicing Concentration Education 56

Bramasol

MARCH 4, 2022

As discussed below, the next wave of XaaS will have benefits for both end customers and companies providing products and services. As the evolution of XaaS has unfolded, leaders of many companies using this new disruptive approach have echoed Bullinga's prediction in various ways.

SAP 94

SAP B2C Manufacturing Treasury 94

Future CFO

DECEMBER 18, 2023

In addition to three 2024 predictions for finance from SAP Concur executives , today we have two more from the company in the area of how cost-cutting measures will affect business travel as well as how corporate social responsibility (CSR), new distribution capability, and AI might change business travel.

Finance 52

Finance SAP Transportation Budgeting 52

Future CFO

MARCH 29, 2021

One other benefit of automation is the streamlining of finance processes allowing staff to focus on higher-value activities and not manual tasks like document entry. Prior to 2020, we heard discussions about the importance of automation to the finance function. Why finance automation is important.

Accounts Payable 52

Accounts Payable Accounting SAP Invoicing 52

PYMNTS

AUGUST 12, 2020

Finance administrators and project managers both benefit from automation of the accounts payable process. Finance administrators and project managers both benefit from automation of the accounts payable process. Also, the approval workflow is coded into the system, where exceptions are handled.

Construction 69

Construction General Ledger (GL) Accounts Payable General Ledger 69

Future CFO

MAY 15, 2022

Quite often, dubious invoices are not detected, or given the benefit of doubt and paid out when payment is due. Quite often, dubious invoices are not detected, or given the benefit of doubt and paid out when payment is due. The Pan-European Public Procurement On-Line (PEPPOL) framework is an example of such a system.

Invoicing 52

Invoicing Accounts Payable SAP Finance 52

Spreadym

MARCH 15, 2023

Corporate data processing refers to the use of technology to collect, store, manipulate, and analyze large amounts of business data in a corporate setting. Data collection can be automated using tools such as web scraping or data integration software and tools, like REST API. Read here about flexible security configurations.

Technology 52

Technology SAP Budgeting Data Analysis 52

Future CFO

DECEMBER 7, 2021

In North America, SAP Concur has observed a shift in corporate purchases to Amazon for Business, which lets organisations buy from a company curated portal with pre-negotiated rates. The past two pandemic years have been a rough ride, not just for businesses but for finance leaders too.

SAP 52

SAP Finance Entertainment Auditing 52

PYMNTS

JULY 20, 2020

Contracts can be reviewed and analyzed using the integrated platform, benefitting procurement, legal, finance and accounting functions. All of this will reportedly be a step up from how the process used to go.

SAP 70

SAP B2B Compliance Finance 70

PYMNTS

AUGUST 30, 2018

VAI will now link corporate customers to SAP Concur solutions, including Concur Expense, Concur Invoice and Concur Travel. SAP Concur’s solutions include accounts payable, expense management, invoice automation, travel booking, mileage tracking and other tools. million deal.

SAP 40

SAP Accounts Payable Invoicing Compliance 40

PYMNTS

OCTOBER 29, 2020

Machine learning helps to automate at least some of the more manual, error-prone functions that occur from order to freight, across various modes of transport, managing inventory (in ways that benefit merchants and have positive ripple effects across supply chains). Logistics hubs and warehouse management improves as a result.

SAP 56

SAP Transportation Technology Securities 56

Future CFO

JULY 28, 2020

The SAP Concur 2020 survey, Finance in the New World of Work , revealed gaps in organisations’ expense management, business travel, and remote work processes. This takes up significant time that could otherwise be used for productive, customer value-added work. Source: Finance in the New World of Work, SAP Concur 2020.

SAP 52

SAP Finance Compliance Economics 52

PYMNTS

MARCH 22, 2019

Take all the paperwork required to access federal benefits in the U.S. Not only does that encourage the spread of erroneous information — a person filling out a seemingly endless set of forms, and different forms for different agencies, is likely to make a mistake here and there — but can make it easier for fraudsters to exploit the system.

SAP 40

SAP Compliance Securities Technology 40

Future CFO

MARCH 1, 2023

But with no guarantee of success, in fact, as much as 70% of finance transformations fail , FutureCFO spoke to Dr Carl Jones , managing director for Southeast Asia at SAP Concur , for his take on why efforts to transform fail and how to go about improving the odds. What are the primary objectives of finance transformation?

Finance 91

Finance Benchmarking Compliance SAP 91

PYMNTS

NOVEMBER 15, 2017

According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects.

SAP 52

SAP Finance Technology Treasury 52

The Finance Weekly

AUGUST 30, 2022

Why are FP&A software tools essential for small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , Most important, is the size and speed of data.

Financial Planning and Analysis (FP&A) 95

Financial Planning and Analysis (FP&A) Budgeting Analyzing Data Startups 95

PYMNTS

JULY 1, 2020

Together, the companies are able to digitize and optimize data taken from paper where it is unstructured and integrate it seamlessly into their workflows through to their SAP enterprise resource planning (ERP) system. In a frenzy, organizations dove headfirst into their digital transformations as a result of the global pandemic.

Accounts Payable 100

Accounts Payable SAP Invoicing Accounting 100

PYMNTS

OCTOBER 2, 2017

Cloud-based systems were met with heavy skepticism from corporates only a few years ago. Mainly, large enterprises that weren’t ready to implement cloud-based ERP systems instead decided to have top providers like Oracle and SAP develop customized, on-premise solutions. The Trouble With Data.

SAP 43

SAP Financial Data Finance Accounting 43

Navigator SAP

JUNE 24, 2022

Legacy software systems no longer make sense for life sciences businesses, especially those in Pharmaceutical manufacturing. Today, life sciences firms need the power and features of industry-standard enterprise resource planning software such as SAP Business ByDesign. Data is siloed, hard to update, and time-consuming to store or use.

Pharmaceutical 229

Pharmaceutical SAP Manufacturing Compliance 229

PYMNTS

MARCH 21, 2019

The verticals that may benefit from AP automation include (but are not limited to) those that are international in scope, and where the volume of invoices being processed is significant. Solutions must also work across different ERP systems, he said, because the future may be unpredictable.

Accounts Payable 48

Accounts Payable Invoicing Compliance SAP 48

The Finance Weekly

AUGUST 30, 2022

Why are FP&A software tools essential for startups and small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , But all of that has changed. ,

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Budgeting Analyzing Data 52

PYMNTS

FEBRUARY 18, 2019

The code noted that trade between businesses within the country amounts to over $550 billion annually, and that “no business exists in isolation, and everyone benefits when the nation has a viable and productive small business supplier base.”. The software is provided by SAP , and allows for the digitization of supplier invoices and payments.

SAP 49

SAP Benchmarking Invoicing Finance 49

Bramasol

FEBRUARY 9, 2024

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

SAP 93

SAP Compliance Invoicing Leverage 93

PYMNTS

JANUARY 3, 2020

As open banking spreads to new markets without regulatory mandates, the value of data sharing is also finding its footing within new B2B use cases. According to Agrawal, their digital investment strategies have gone toward content management systems, as well as branded product information and content.

Manufacturing 52

Manufacturing B2B eCommerce SAP 52

Bramasol

APRIL 15, 2024

In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC 2 ), along with a look at how new SAP AI initiatives are key to this transformation.

SAP 90

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 90

Future CFO

MAY 22, 2022

It stands for environmental, social and governance and represents a range of criteria companies use to help run themselves responsibly – and report the outcomes of their ESG practices to investors and others." "ESG has become a popular shorthand for all the non-financial issues that affect business and investor success. Achim Wenning.

CFO 52

CFO SAP Finance Economics 52

PYMNTS

NOVEMBER 13, 2018

This is a big achievement for us,” he said, “especially the payments part.”. This is a big achievement for us,” he said, “especially the payments part.”. Tohumcu said drivers, using voice recognition (more about that in a bit), can use the platform to “find parking at a garage we have an agreement with.” New Platform.

Manufacturing 69

Manufacturing SAP Technology Accounting 69

PYMNTS

MARCH 16, 2018

The company has said that decentralized document and billing processes can help reduce back office costs by as much as 30 percent, once improved data sharing processes are in place, and where payments via cryptocurrencies do not necessitate using bank accounts. Even at its smoothest, supply chain management is never the easiest of endeavors.

Invoicing 49

Invoicing SAP Manufacturing Construction 49

Bramasol

JANUARY 18, 2024

However, on the other hand, many older SaaS implementations evolved with disparate systems for handling the frontend customer-facing subscriptions separately from all the backend OTC and compliance processes. Previously in this blog series, we have discussed the impacts of the Digital Solutions Economy™ (DSE) on the software and SaaS sector.

Compliance 76

Compliance SAP General Ledger B2C 76

Bramasol

MAY 8, 2023

In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth. RISE with SAP and SAP GROW are two distinct offerings that serve different purposes as outlined below.

SAP 92

SAP Compliance Construction Auditing 92

Bramasol

APRIL 26, 2023

This new episode provides a broad look at three different overall DSE use case scenarios and a variety of specific implementation approaches that the Bramasol team has developed during our work with a range of clients.

SAP 88

SAP Corporate Finance Compliance Invoicing 88

Bramasol

AUGUST 11, 2023

Previous posts in this blog series on the Digital Solutions Economy (DSE) have explored a wide range of issues and solutions as well as deeper dives into DSE implementation in specific industries. Any breach of data can lead to loss of trust, damage to the company's reputation, and potential legal consequences.

Securities 81

Securities SAP Compliance B2C 81