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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 84
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Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

SAP Universal Revenue Management (SAP Universal RevRec) is a cutting-edge solution engineered to elevate and simplify the complexities of revenue recognition. Enhanced Compliance : Facilitates adherence to accounting standards and regulations, reducing the risk of non-compliance and associated penalties.

SAP 58
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Top Five Questions Clients Are Asking About RevRec and Quote-to-Cash

Bramasol

In addition to highlighting trends such as the Digital Solutions Economy (DSE), industry-focused solutions, and SAP initiatives like artificial intelligence and S/4HANA cloud, this Insights Series will also periodically provide answers to the top questions that we hear from our clients and partners.

SAP 79
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Palette Unveils AP Automation Software For Construction Firms

PYMNTS

Palette Software unveiled accounts payable (AP) automation technology that is designed for firms in the construction and engineering industries and run on the cloud, according to an announcement. Finance administrators and project managers both benefit from automation of the accounts payable process.

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Optimizing Order-to-Cash-to-Compliance for SaaS Offerings

Bramasol

For example, SAP's Order-to-Cash portfolio, formerly known as BRIM, offers a suite of applications, including Subscription Order Management, Subscription Billing, Convergent Charging, Convergent Mediation, and Convergent Invoicing, along with SAP Revenue Accounting & Reporting (RAR) for revenue compliance.

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Six Key Factors for Building an Expert Professional Services Company

Bramasol

In this post, we shift gears to provide insights into the Professional Services arena, where Bramasol not only serves clients but we also participate as a leading services provider for SAP solutions. This requires building a team of senior consultants with years of hands-on experience in front-line conceptualization-to-implementation.

SAP 72
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The best software for financial close and overview of the process

Spreadym

The financial close process, also known as the accounting close process or month-end close, is a series of steps undertaken by an organization to finalize its financial records for a specific accounting period. Deferrals, on the other hand, involve postponing the recognition of revenues or expenses to future accounting periods.