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This new episode in our ongoing series on the Digital Solutions Economy (DSE) provides an overview of how DSE is impacting the transportation industry. In some ways, the transportation sector has always included services based on subscriptions and usage. Public transportation systems need to improve accessibility and cost of ridership.
This one-of-a-kind conference features industry leaders sharing how the SAP Billing and Revenue Innovation Management (BRIM) portfolio elevates customer lifetime value, enables predictable recurring revenue, and drives efficiency in the entire quote-to-cash process. DSE in the Medical Device Industry. DSE in the UtilitiesIndustry.
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.
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.
SAP Concur enumerates its travel and expense predictions for the year ahead amid the rise of artificial intelligence and developments like the technologys use in predictive analytics for spend management, and auto population of expense reports with data from corporate cards. The result is a bolstered mandate for compliance and visibility.
DSE in Transportation. 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. Previous episodes in this series include: DSE in the Media and Entertainment industry.
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.
In this ongoing series about the Digital Solutions Economy™ (DSE) previous episodes have focused on DSE for specific industry segments such as DSE in telecom , media , electronics , medical devices , software/SaaS , semiconductors , transportation , energy , and utilities.
In this episode, we drill down for a closer examination of the types of entitlements that are offered as part of subscriptions and bundles in various industry segments, along with some insights into how entitlement management solutions that are part of the SAP BRIM portfolio and ecosystem that can be helpful to achieve success.
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.
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. What Does Co-Specialization in RevRec and QTC Entail?
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.
DSE in Transportation. For example, when Amazon Prime subscribers sign up for other services such as HBO, Showtime or Paramount+ through their Amazon account, there are significant cross-licensing and revenue sharing compliance requirements that must be handled behind the scenes. DSE in the Medical Device industry.
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. For revenue recognition, they also must comply with ASC 606 and IFRS 15.
In previous blog posts, we have addressed the challenges and opportunities regarding digital transformation and the Digital Solutions Economy (DSE) across a range of industries including, software & SaaS , semiconductors , media & entertainment , medical devices , transportation , electronics manufacturing , energy , and utilities.
Previous episodes in this series include DSE in the Medical Device industry , DSE in Utilities industry , DSE in the Energy Sector , and DSE in Transportation. DSE and RevRec Compliance , DSE Data Volume, Velocity, Density and Complexity. Embedded Analytics for DSE.
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. What Does Co-Specialization in RevRec and QTC Entail?
Corporations are scaling globally, integrating complex supply chains, working with small suppliers, ensuring international compliance and gaining access to more data than ever before. For top competitors, like SAP and Oracle, offering “more bang for your buck,” Rao said, is critical.
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.
As he noted, “you run into more compliance issues and more VAT models so you need a more mature tool than the cheap-but-simple type of workflow solution that would suffice for a small and local mom-and-pop shop.”. “You An ERP-agnostic cloud solution will provide global visibility even though you are changing ERP or upgrading ERP version.”.
Add to the equation the growing burdens of regulatory compliance stretching across anti-money laundering and know your customer efforts … and record-keeping can become daunting even with the best of efforts. One customer is on SAP, for example, and perhaps another firm is operating with QuickBooks.
Ever since that presidential requirement, several agencies—including the Department of Transportation, the National Aeronautics and Space Administration, the Cybersecurity and Infrastructure Security Agency, and the Equal Employment Opportunity Commission—have complied, and many more are coming. KPMG created a CAIO position in October 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.
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