Bramasol

MAY 23, 2024

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. Also, diversification of services offered can help mitigate risk and strengthen revenue streams.

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Compliance SAP Accounting Invoicing 92

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.

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SAP General Ledger Compliance Accounting Standards 59

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. Bramasol takes a unique approach to combining specific SAP BRIM applications with revenue compliance to give companies the exact features they need.

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Compliance SAP General Ledger B2C 72

Bramasol

OCTOBER 24, 2023

Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC) , the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings.

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SAP Compliance Healthcare Communication 90

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.

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SAP IFRS Compliance Leverage 59

Bramasol

MARCH 7, 2024

Recent posts in this series have provided updates on SAP RISE and GROW , with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions. The table below shows key criteria that SAP recommends for maintaining the clean core.

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SAP Compliance Reconciliations Leverage 77

Bramasol

MAY 9, 2022

SAP BRIM provides a portfolio of integrated solutions that can be deployed individually or in a holistic approach. 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.

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SAP Leverage Invoicing Compliance 87

Bramasol

MAY 31, 2023

The Bramasol team at SAP Sapphire all agreed that it was one of the best events we've attended in quite a while, with lots of opportunities for deep engagement with SAP experts. SAP Business Transformation Center determines which data needs to be transferred.

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SAP Compliance Transportation Leverage 72

Bramasol

MARCH 31, 2023

The Bramasol team had the pleasure of doing just that last week at SAP Insider in Las Vegas and it was both enjoyable and very informative! Here are four key insights and trends from our interactions with fellow participants at the SAP Insider Event. Some of the other real-world benefits of BRIM-enabled DSE offerings are shown below.

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SAP Compliance Invoicing B2C 80

Bramasol

JANUARY 27, 2023

Effective lease management must go beyond a one-time compliance perspective by enabling both ongoing management of lease changes and seamless integration with associated finance processes. SAP Contract and Lease Management (CLM) is a leading end-to-end solution for managing contracts for both lessors and lessees.

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Compliance IFRS SAP Accounting Standards 81

Bramasol

SEPTEMBER 27, 2024

This new Insights Post explores how the SAP ecosystem can help life sciences companies align initiatives in both of these areas with digital transformation initiatives that embrace new subscription-based revenue opportunities and simultaneously map out an optimized roadmap for moving to more efficient cloud-based ERP and overall business systems.

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SAP Healthcare Compliance Pharmaceutical 84

Bramasol

OCTOBER 26, 2021

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem. When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.

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SAP IFRS Compliance Treasury 82

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. Compliance with ASC 606 / IFRS 15 requires separate cumbersome processes. How to Get Started?

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Compliance IFRS SAP Leverage 84

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.

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SAP IFRS Compliance Invoicing 79

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.

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SAP IFRS GAAP Compliance 72

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.

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SAP Compliance Manufacturing Leverage 88

Bramasol

MAY 15, 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.

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SAP Compliance Manufacturing Leverage 52

Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

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IFRS Technology SAP Compliance 91

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. For more information, check out these resources: Podcast: SAP's Scott Campbell Discusses Telecom and Media. Embedded Analytics for DSE.

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SAP Compliance Leverage Entertainment 87

Bramasol

MARCH 10, 2023

By using SAP BRIM , electronics product manufacturers, suppliers and distributors can automate and streamline their billing and revenue processes, thereby reducing manual effort and improving accuracy, while also providing ongoing insights into customer behavior and revenue trends.

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SAP Manufacturing Compliance Leverage 80

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. At Sapphire 2023, SAP also introduced a new component called the Sustainability Data Exchange within the SAP Business Network.

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IFRS Accounting SAP Compliance 83

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.

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SAP Invoicing Reconciliations Compliance 40

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.

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SAP Compliance Accounting Standards Leverage 74

PYMNTS

FEBRUARY 14, 2018

SAP is rolling out a new solution to help companies detect fraudulent transactions and mitigate risk. 13) that its SAP Business Integrity Screening application is now available to address financial risk within business transactions. The cloud company said Tuesday (Feb.

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SAP Compliance Analyzing Data Leverage 45

Bramasol

SEPTEMBER 10, 2023

How Generative AI and SAP are Changing the Game Bramasol, a s a long-serving SAP partner, has been deeply involved with integrating the above AI and machine learning applications across many client implementations spanning compliance, finance and DSE projects.

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SAP B2C B2B Microsoft Office 85

Bramasol

DECEMBER 19, 2023

Dive into a comprehensive BRIM Overview and discover how to maximize SAP BRIM's potential across payment systems. Gain insights into how SAP Event Based Revenue Recognition can enhance revenue management and ensure compliance for subscription-based offerings, enabling businesses to streamline and optimize their processes.

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SAP Invoicing Compliance Leverage 52

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.

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SAP General Ledger IFRS Compliance 74

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.

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SAP Corporate Finance Compliance Invoicing 82

Bramasol

SEPTEMBER 26, 2022

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

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Transportation SAP IFRS Compliance 83

Bramasol

JULY 31, 2023

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates.

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Accounting SAP GAAP IFRS 72

Bramasol

JULY 14, 2022

SAP is at the forefront in providing Data Fabric solutions with advanced data and analytics capabilities in the SAP Business Technology Platform (BTP) , SAP Data Intelligence Cloud , and S/4HANA Cloud environments. For more information on data management, integration and migration, check out these resources: SAP Analytics Cloud.

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SAP Compliance Leadership Healthcare 74

Bramasol

JUNE 30, 2023

As more companies take advantage of the predictable recurring revenues and customer loyalty enhancements provided by DSE business models, it has become clear that a holistic approach is the only way to deliver front-end customer-facing flexibility combined with back-end scalability, profitability and compliance.

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SAP B2B Leverage Analyzing Data 72

Bramasol

JUNE 29, 2022

In addition, new compliance requirements such as recent changes in revenue recognition , lease accounting , and the emergence of sustainability issues with carbon accounting all impact various activities in the value chain. The Digital Value Chain. It is important to remember that this transition is much more than just a software upgrade.

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SAP Compliance Communication Leverage 86

Navigator SAP

FEBRUARY 17, 2022

There are many benefits of cloud ERP systems such as SAP ByDesign, as they are designed with easy-to-use dashboards akin to those consumers use online in their everyday lives. Manufacturing ERP is designed to optimize efficiency in quality and compliance.

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SAP Invoicing Manufacturing Compliance 130

Bramasol

MAY 6, 2022

Adopting standalone solutions to meet compliance requirements deadlines. Bramasol's core practices are aligned with SAP's recommendations for leveraging a Fit-to-Standard approach to configure solutions that are as close as possible to standard processes. Leveraging RISE with SAP. Building a Roadmap with S/4HANA.

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SAP Finance Reconciliations Leverage 66

Bramasol

MARCH 24, 2022

This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? In light of this accelerating development of Carbon Accounting compliance and reporting standards, what should companies be doing now? and also identified as one the Five Key Trends to Watch in 2022.

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Accounting SAP Analyzing Data IFRS 77

Spreadym

SEPTEMBER 27, 2023

SAP Business Planning and Consolidation (BPC): SAP BPC is part of the SAP ecosystem and offers comprehensive financial planning and consolidation capabilities. It integrates with other SAP solutions and has strong reporting and analytics features. Here are some of the key advantages and disadvantages of SAP BPC.

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SAP Budgeting Forecasting Auditing 59