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Throughout 2024, SAP actively continued integrating artificial intelligence (AI) across its entire product suite to enhance business processes and user experiences, which has set the stage for driving tangible impacts for businesses in 2025. This integration provides a more user-friendly way for individuals to engage with SAP solutions.
As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.
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.
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, monitoring renewals and upgrades is key to forecast future sales.
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. Sales data related to customer visits, expenses, shipping, invoicing, forecasting, and competitor analysis are all available in one place.
To automate the transformation of machine-readable PDFs to digital invoices, Basware has rolled out SmartPDF AI in the newest expansion of its SmartPDF offering. The tool uses information taken from past invoices through a cutting-edge machine learning (ML) model, according to a Tuesday (Sept. 22) announcement.
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.
forecasts that global semiconductor revenue will grow 16.8% Also, the ability to leverage comprehensive agnostic analytics tools such as SAP Analytics Cloud will be key to enabling agile decision-making that takes into account timely data from all parts of the end-to-end process. in 2023, while Gartner, Inc.
How SAP Quote-to-Cash Provides Flexible Deployment Options SAP's comprehensive suite of Quote-to-Cash solutions has been evolving over the past two decades with a focus on delivering fully integrated end-to-end functionality for managing complex subscription based DSE offerings.
As SAP's Scott Campbell said in this recent podcast , "SAP’s Billing Revenue Innovation Management suite of solutions can help manage the back end for everything from pricing, managing orders and contracting, gathering consumption data, charging customers, billing & invoicing, commissions, collecting money and handling disputes.
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.
Mark Wilfred , head of solutions consulting, Southeast Asia at SAP Concur , says the raison d'être for the stickiness of spreadsheets is familiarity. Cash management policies should focus on budgeting, forecasting and financing and indicate how to handle day-to-day activities such as collections, procurement/ordering and payment.
As one of SAP's longest serving partners, the Bramasol team has been deeply involved in the evolution of purpose-built, integrated SAP solutions for revenue recognition, lease accounting and end-to-end management of new subscription-based DSE offerings. For revenue recognition, they also must comply with ASC 606 and IFRS 15.
By using SAP BRIM, companies with SaaS applications can automate and streamline their billing and revenue processes, reducing manual effort and improving accuracy, while also providing insights into customer behavior and revenue trends.
Plus, AspireHR links with SAP Concur, EedenBull teams with NAB and NTT DATA links with Conferma Pay. AspireHR Teams With SAP Concur For T&E, Invoice Management. 14) rolled out a “Cash Flow Forecasting” tool through its online banking unit. 14) announcement. The Vancouver-based bank on Thursday (Jan.
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.
For example, the shift toward subscription-based, recuring revenue offerings in the Digital Solutions Economy (DSE) is requiring significant process changes in order to unify billing, invoicing, delivery, collections, etc. These capabilities address key operational accounting issues as companies transform their business offerings.
By analyzing large volumes of data and identifying patterns and trends, AI systems offers valuable insights for market analysis, customer segmentation, demand forecasting, and strategic planning. Smart Process Automation: AI-powered automation can streamline and optimize various B2B processes, leading to increased efficiency and cost savings.
forecasts that global semiconductor revenue will grow 16.8% Also, the ability to leverage comprehensive agnostic analytics tools such as SAP Analytics Cloud will be key to enabling agile decision-making that takes into account timely data from all parts of the end-to-end process. in 2023, while Gartner, Inc.
Automation will give finance leaders deep insight into all their financial transactions which they currently cannot achieve especially where paper-based or email-based invoices as those invoices usually sit in email inboxes or on someone's desks. The AP function in a multi-million dollar SAP solution is still a very manual process.
SAP Concur has revealed key 2024 predictions for finance by its executives. For the upcoming year, AI is the connecting thread among SAP Concur executives’ predictions, the firm said, adding that AI is changing how all business is conducted, and travel, expense, and invoice (TEI) management is no exception.
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.
For many companies, the accounts payable (AP) process is mired in paper, but technology, properly deployed, can cut down the paper chase, streamlining the journey between getting invoices and paying them. Such initiatives should drive eInvoicing, he said, with integration to state-owned hubs through which invoices must be validated.
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.
It probably comes as no surprise that B2B commerce has a reputation for being slow to digitize and lagging behind the B2C eCommerce space, but considering analysis that forecasts U.S. Both companies are integrated with the SAP ERP system, as well as with one another. B2B Business Rules.
It probably comes as no surprise that B2B commerce has a reputation for being slow to digitize and lagging behind the B2C eCommerce space, but considering analysis that forecasts U.S. Both companies are integrated with the SAP ERP system, as well as with one another. B2B Business Rules.
Forecasting and scenario analysis: Budgeting software often includes forecasting tools that help users project their future financial situation based on historical data and planned income and expenses. It offers flexible budget creation, real-time monitoring, forecasting, and variance analysis.
It’s a tool that can look at very complex documents or complex invoices and extract data,”. In a business, this foundation is usually in the form of ERP (Enterprise resource planning) software such as Oracle or SAP. Software development or changes, like building, frequently takes twice as long and is twice the forecast price.
A 2014 survey from treasury management software company Kyriba found that 65 percent of corporate treasurers say they are challenged by a lack of visibility into cash forecasting data inputs, making it their largest forecasting challenge. Today, businesses of all sizes are still challenged by the prospect of making sense of Big Data.
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