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How the Digital Solutions Economy is Impacting the Medical Devices Industry

Bramasol

According to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. Market dynamics and uncertainties are making revenues less predicable for MedTech manufacturers, thereby impairing forecasting and planning processes. How DSE Applies to the Medical Device Sector.

IFRS 70
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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For example, according to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842.

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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Bramasol

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 61
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Anticipating Financial Challenges: Strategic Measures for Corporate Finance

CFO Talks

Strategic Measure: CFOs should focus on strong cash flow forecasting and planning for different scenarios. Practical Example: A South African manufacturing company, expecting a possible rise in inflation, bought its raw materials in advance.

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Why It's Important to Work with Specialists in RevRec and QTC

Bramasol

Bringing an Expanded RevRec "Compliance Mindset" into New Business Models: Even though subscription-based, Digital Solutions Economy (DSE) business models are radically changing many industries, RevRec compliance under ASC 606 and IFRS 15 is still required.

SAP 52
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Navigating uncertainty: Manage the impact of inflation

Future CFO

They can also gain full cash visibility across the enterprise and predict cash flow with AI-enabled forecasting capabilities, optimising liquidity, accelerating cash flow, and simulating future outcomes. Acting quickly and proactively. Preparing for what's next.

IFRS 52
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How to Build Shareholder Trust with Reliable Financial Reports

Planful

Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)-compliant, so you can focus on what matters—telling your company’s financial story. Your financial reports and forecasts should quickly engage shareholders and investors, and manual, Excel-based processes aren’t set up to do that.