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.

SAP 77

SAP IFRS Compliance Invoicing 77

Bramasol

JUNE 25, 2024

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. This has enabled clients to smoothly comply with ASC 842 and IFRS 16.

Compliance 56

Compliance Financial Planning and Analysis (FP&A) Accounting SAP 56

CFO Talks

SEPTEMBER 17, 2024

A construction company with projects in different provinces can have a cloud-based financial reporting system that allows site managers to upload expenses and invoices in real-time, ensuring that headquarters can consolidate project costs without delays. This saves time and ensures higher accuracy in reporting.

Financial Reporting 52

Financial Reporting Auditing Compliance CFO 52