Bramasol

NOVEMBER 8, 2021

As the world has become more serious about mitigating climate change and the issue of corporate responsibility moves to the forefront, ESG reporting is now shifting toward a more rigorous approach that is increasingly based on accounting disciplines and auditable practices.

Compliance 76

Compliance Accounting SAP IFRS 76

Bramasol

JANUARY 27, 2023

In 2018, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) announced the release of new accounting standards, ASC 842 and IFRS 16, that redefined how organizations must account for leases.

Compliance 79

Compliance IFRS SAP Accounting Standards 79

Bramasol

SEPTEMBER 29, 2023

Driven by sweeping changes such as digital transformation, globalization of markets, the subscription-based Digital Solutions Economy™ (DSE), carbon-accounting mandates, a rising emphasis on artificial intelligence, and other disruptive trends, the role of Chief Financial Officer (CFO) is undergoing radical transformation too.

Technology 88

Technology IFRS SAP Compliance 88

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021.

Accounting 75

Accounting SAP Analyzing Data IFRS 75

CFO Talks

MARCH 5, 2025

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.

IFRS 52

IFRS Auditing Compliance Financial Data 52

Bramasol

FEBRUARY 29, 2024

Last year's post " Overview of GROW and RISE with SAP " was one of the most popular and widely shared episodes in this blog series and so it is now time to take another visit to these topics. In this new post, we explore both the progress SAP has made with RISE and GROW evolution and a look at the exciting opportunities going forward.

SAP 58

SAP IFRS Compliance Leverage 58

Bramasol

JUNE 25, 2024

However, amidst the ever-expanding role of the Office of the CFO, accounting still is a major responsibility and this arena also is radically changing with the availability of new tools, technologies and challenges. These capabilities address key operational accounting issues as companies transform their business offerings.

Compliance 56

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 56

Bramasol

JANUARY 16, 2022

This latest installment in our ongoing DSE blog series takes a step back with a holistic look at the entire order-to-cash process and explores how revenue accounting compliance can seamlessly integrate with DSE. Manual interventions needed for tracking and accounting for subscription revenues. Multi-party revenue sharing models.

Compliance 82

Compliance IFRS SAP Leverage 82

Bramasol

JULY 26, 2024

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

SAP IFRS GAAP Compliance 79

Bramasol

SEPTEMBER 8, 2024

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

SAP General Ledger Compliance Accounting Standards 58

Bramasol

SEPTEMBER 26, 2022

For example, shipments of goods are typically billed based on weight, size and distance and customers that maintain subscription accounts with carriers can receive discounts on their shipping costs. Other related solutions in the SAP ecosystem are key to helping transportation companies make the transition to these new business models.

Transportation 81

Transportation SAP IFRS Compliance 81

Bramasol

AUGUST 29, 2022

Solutions such as SAP Billing and Revenue Innovation Management (BRIM) enable medical device makers to smoothly transition from their equipment sales models to new subscription based offerings. Other related solutions in the SAP ecosystem are key to helping medical device companies make the transition to these new business models.

SAP 70

SAP IFRS Manufacturing Compliance 70

Bramasol

OCTOBER 31, 2023

Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 61

SAP IFRS Compliance Entertainment 61

Bramasol

NOVEMBER 13, 2023

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

SAP General Ledger IFRS Compliance 72

Bramasol

OCTOBER 31, 2023

Since our decision a decade ago to focus on becoming the leading partner for delivering SAP revenue recognition solutions , Bramasol has established a reputation as the most trusted RevRec specialist across many industry segments. As shown below, these factors can have significant impact on design of the end-to-end processes.

SAP 52

SAP IFRS Compliance Entertainment 52

Future CFO

FEBRUARY 1, 2024

According to Susanna Hasenoehrl , head of sustainability for Asia Pacific & Japan at enterprise application software company SAP , sustainability can no longer be considered separately to the finance function because it is increasingly clear that sustainability performance is fundamentally linked to business performance.

Finance 52

Finance SAP Auditing IFRS 52

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

Future CFO

MAY 15, 2023

At SAP, my role is to guide finance leaders on their digital transformation journeys, and one of the key components nowadays is to manage inflation. Effective hedge accounting strategies can be executed with real-time visibility into FX and interest rate exposures, ensuring compliance with regulations such as EMIR and IFRS 9.

IFRS 52

IFRS SAP Accounts Payable Compliance 52

Bramasol

DECEMBER 14, 2023

This can be seen clearly in the increased adoption of SAP Cloud-based S/4HANA over recent years. As of the third quarter of 2023, SAP SE reported cloud revenue was up by 23% at constant currencies, driven mainly by the growth of SAP's combined SaaS and PaaS portfolio. SAP operates 57 data centers at 32 locations in 15 countries.

Technology 82

Technology SAP IFRS Compliance 82