Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. Previously in this blog series, we have discussed the impacts of the Digital Solutions Economy™ (DSE) on the software and SaaS sector.

Compliance 70

Compliance SAP General Ledger B2C 70

FISPAN

MAY 24, 2022

In the episode, Joe and Clayton discuss the currents of change in financial services, ERP movement to the cloud, how banks can enable digital transformation, and considerations for compliance and bank regulators. You don’t get the leverage. outside markets for investment , and two, the pace of digitization.

Compliance 98

Compliance CFO Banking Numbers 98

The Finance Weekly

DECEMBER 1, 2024

The idea is to compare two sets of records—your internal records (like your company’s general ledger) and external ones (like bank statements or vendor invoices). Regulatory Compliance - Accurate records are essential for meeting legal and regulatory requirements, especially for publicly traded companies. What Causes Discrepancies?

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

Bramasol

MAY 9, 2022

Regardless of which revenue generating model your company wants to apply, BRIM along with related SAP finance and compliance applications help optimize and consolidate business processes for sales, delivery, and billing. Billing and invoicing only for the used quantity. Offering a product or service for a fixed fee.

SAP 86

SAP Leverage Invoicing Compliance 86

The Charity CFO

MARCH 13, 2025

From federal grant compliance to donor transparency expectations, nonprofits must meet a growing list of financial integrity standards. This not only builds trust but also prevents ethical and compliance issues that could put your funding at risk. Misallocating funds can lead to compliance violations and loss of trust from funders.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

Global Finance

FEBRUARY 4, 2025

We invest in optimizing processes and leveraging advanced technologies like AI to improve efficiency. These solutions enhance the accessibility and efficiency of SCF with a digitized and automated offering that simplifies invoice and payment processing. For instance, Finastras Assist.AI

Finance 59

Finance Prioritization Leverage Treasury 59

Future CFO

MARCH 27, 2025

Leslie Joseph , principal analyst at Forrester , believes companies must go beyond compliance checkboxes and implement robust data governance in connection with the release of the EU AI Act, as regulations will evolve, but finance teams that embed strong data and AI governance today will gain a long-term competitive edge.

Compliance 52

Compliance Financial Planning and Analysis (FP&A) Forecasting Financial Analysis 52

E78 Partners

MAY 8, 2024

It provides dashboards and reports for tracking SLA compliance and performance metrics. Compliance and Audit: ServiceNow helps in ensuring compliance with regulatory requirements and internal policies related to telecom expenses.

Leverage 52

Leverage Compliance Auditing Invoicing 52

Future CFO

MARCH 11, 2025

However, IA leverages artificial intelligence (AI) and machine learning (ML) to automate cognitive tasks, enabling intelligent document processing, predictive analytics, and automated decision-making. According to Kumar, data integration and governance are, therefore, priorities for the finance function.

Finance 52

Finance Compliance Performance Measuring CFO 52

PYMNTS

JANUARY 19, 2021

That shift has meant merchants must pivot from traditional retail partnerships that have relied on leveraging others’ expertise to build brick-and-mortar infrastructure-focused operations that would include back-end activities such as payments and fraud prevention.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

Navigator SAP

FEBRUARY 17, 2022

Automating and streamlining tasks related to budgeting, cost and cash management, activity-based costing, and other accounting or finance functions also helps ensure compliance with financial regulations. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

SAP 130

SAP Invoicing Compliance Manufacturing 130

Bramasol

AUGUST 21, 2024

In the customer driven DSE model, companies need to adapt their processes to meet a dynamically changing range of customer needs, while also assuring robust backend processing with integrated revenue compliance. The good news is you don't have to take on more complexity than you need to get the job done.

SAP 83

SAP Compliance GAAP Leverage 83

PYMNTS

APRIL 29, 2020

Surecomp noted the solution was developed in partnership with banks, meaning it supports compliance and security while integrating directly into FIs’ back offices. And so, it’s predicated on those with big balance sheets and data able to leverage their positions, versus the startups and those it was designed to foster.”

Banking 95

Banking Foreign Exchange Invoicing Finance 95

PYMNTS

DECEMBER 16, 2020

“Using the EnKash digital platform and Mastercard payment network, the corporate can leverage their unutilized credit lines to pay multiple types of core and non-core financial transactions including utility, rental, GST, fuel and many others B2B suppliers more efficiently,” the release stated. Suppliers will have improved cash flows.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

Bramasol

JANUARY 13, 2023

Leveraging AI and machine learning to improve network management, security and performance. Heightened emphasis on building in sustainability and ESG compliance for network operations. DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity. Forecasting and Planning for the Digital Solutions Economy.

SAP 86

SAP Compliance Leverage Entertainment 86

Global Finance

JUNE 6, 2024

The project’s deployment required the collaborative efforts of several bank departments, including business, legal, compliance, engineering, security and IT, as well as outside technology vendors Metaco and Avaloq. Innovation: Blockchain-Based Digital Bond Project Company: China Central Depository & Clearing Co.

Construction 109

Construction Compliance Cash Management Treasury 109

Bramasol

SEPTEMBER 27, 2024

Some key impact areas include: Shift from Product Sales to Service-Based Models Software as a Service (SaaS): Life sciences companies are increasingly adopting SaaS models, offering subscription-based access to critical software tools for drug discovery, clinical trial management, and regulatory compliance.

SAP 84

SAP Healthcare Compliance Pharmaceutical 84

Bramasol

MARCH 20, 2024

Bundling of chips, software and service offerings that involve multiple companies often entails complex revenue recognition and compliance issues , and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation management solutions.

SAP 86

SAP Compliance Manufacturing Leverage 86

Future CFO

FEBRUARY 15, 2021

Mastercard said recently that it has partnered with SAP Concur to deliver an expense and invoice management process to banks, companies and government agencies in Asia Pacific for transactions with corporate cards. The post Mastercard teams with SAP Concur for automated expense and invoice management in APAC appeared first on FutureCFO.

SAP 40

SAP Invoicing Reconciliations Compliance 40

Future CFO

APRIL 24, 2024

New computer vision and generative AI capabilities can empower finance teams with the ability to transfer between documents, spreadsheets, and apps; understand content; and automatically insert data in the right places for better invoice management. Within just four months, Intel classified over 56,000 products with 99% accuracy.

SAP 98

SAP Finance Invoicing CFO 98

PYMNTS

OCTOBER 27, 2016

“Our newest blockchain certification product demonstrates our continued commitment to help enterprises leverage the cutting-edge and digital native technology to improve their payment, invoice and billing process,” said PayStand CEO Jeremy Almond in a statement. ” . ”

B2B 75

B2B Auditing Invoicing Securities 75

Bramasol

MARCH 31, 2023

According to SAP's high-tech industry executive Patrick Maroney , " Offering a usage- or subscription-based solution entails a fundamental change in your business model, whereby there is synchronization and native integration between commerce, configuration, pricing, quotation, finance, supply chain, billing/invoicing and entitlement management. "

SAP 79

SAP Compliance Invoicing B2C 79

Bramasol

SEPTEMBER 12, 2022

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. Freeze periods on time-based POBs.

SAP 77

SAP IFRS Compliance Invoicing 77

PYMNTS

NOVEMBER 3, 2020

Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

Global Finance

JUNE 6, 2024

Central And Eastern Europe Payment institution Roger Payment institution Roger (PiR), a fintech based in the Czech Republic, has developed the region’s first service for automated invoice verification. Verifying invoices’ creditworthiness is critical in factor financing, but it takes time.

Technology 59

Technology Invoicing Finance Compliance 59

PYMNTS

NOVEMBER 18, 2016

The firms said the solution supports multiple points in the procurement process, including on-site purchasing, purchase order and invoice management, data capture, vendor compliance and reporting.

Accounts Payable 65

Accounts Payable Invoicing Compliance Leverage 65

Bramasol

FEBRUARY 13, 2023

Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 72

SAP Compliance Accounting Standards Leverage 72

Bramasol

APRIL 26, 2023

And on the back-end the company needs to integrate with revenue management and compliance reporting processes that properly account for various revenue streams. The following sections briefly describe how the applications within SAP Quote-to-Cash can be leveraged in various combinations to address different use case implementation scenarios.

SAP 81

SAP Corporate Finance Compliance Invoicing 81

PYMNTS

MARCH 20, 2019

News came last week that the Canadian FinTech Central 1 had linked its credit union customers to a single digital platform that combines small business online invoicing solutions with its Request Money tool – a move that focuses on streamlining the accounts receivable process. That was my entire profit margin on the job – wiped out.’”.

Invoicing 55

Invoicing Leverage Accounting Compliance 55

PYMNTS

SEPTEMBER 6, 2019

The company aims to reduce days sales outstanding (DSO) by using technology to track unpaid invoices, using technology that sits between a company’s bank account and its customers to identify when invoices have been paid. France’s Upflow announced a $2.7 Sweden’s Capcito announced this week a $7.7

B2B 62

B2B Invoicing Accounts Payable Startups 62

Future CFO

JANUARY 26, 2024

Systems powered by artificial intelligence are without a doubt revolutionising invoice processing in finance departments. There are nine ways AI-powered systems can transform invoice processing in Accounts Payable (AP) departments. This ensures that invoices move through the approval chain efficiently and minimises bottlenecks.

Accounts Payable 52

Accounts Payable Cash Flow Forecasting Accounting Invoicing 52

PYMNTS

OCTOBER 13, 2016

Its cloud-based software supports purchasing, purchase order management, approvals, invoice data capture and vendor compliance, the firm added. “We are excited to work with the Mainsail team and leverage their experience helping software companies scale and succeed.”

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

AUGUST 19, 2019

The data was based on expense report, contract and invoice audit data from billions of transactions across hundreds of enterprise customers from April 1, 2019, through June 30, 2019, AppZen said. Similarly, about 4 percent of invoices are flagged as high risk. The employee was paid out, and so was the invoice.

Auditing 56

Auditing Accounts Payable Invoicing Healthcare 56

PYMNTS

JULY 23, 2020

The goal is to provide a better user experience for invoicing and a reduced risk of fraud. GEP SMART is the cloud-processing program that helps go through millions of invoices per year, and by setting it aside, it could become the first step for many companies to digitize their processes — a popular move to make amid the new pandemic economy.

Accounts Payable 56

Accounts Payable Invoicing Reconciliations B2B 56

Bramasol

JULY 14, 2022

As one of SAP's longest serving partners and a leader at integrating various SAP solutions for operations, finance, and compliance, Bramasol is at the forefront of integrating end-to-end data to meet a wide range of client requirements.

SAP 73

SAP Compliance Leadership Healthcare 73

PYMNTS

APRIL 7, 2019

Typical legacy payment platforms employ rigid, rules-based systems to perform ‘best effort’ reconciliation of invoices with monies received for businesses and institutions collecting payments,” the company said. The new capabilities also further optimize FX conversion,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

CFO Plans

JULY 18, 2024

From property management to rent collection and tax compliance, the need for specialized accounting services is paramount. Here, we explore how expert real estate accounting services can optimize your property management, streamline rent collection, and ensure compliance with tax regulations for sustained financial success.

Accounting 52

Accounting Compliance CFO Restructuring 52