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Watch how Bramasol helped a leading High-Tech Equipment manufacturer rapidly comply with RevRec ASC606 & IFRS 16

Posted by Bramasol RevRec Team on Thu, Apr 19, 2018 @ 05:18 AM

    

The customer is a leader in the field of networking solutions, and designs, manufactures a variety of solutions from PIC and ASIC chips to complete hardware and software systems. These systems empower network operators to scale network bandwidth, accelerate service innovation and automate optical network operations. Service providers, cloud operators, governments and enterprises across the globe rely on their Intelligent Transport Networks to enable services that create rich end-user experiences based on efficient, high-bandwidth optical networking.

Once the customer decided to quickly comply with ASC606 & IFRS 16 and finalized on the SAP RAR 1.1 solution, they needed a partner that not only understood SAP RAR well but had a credible track record working with the high-tech industry. They were especially concerned with large data migration challenges that would require both standard as well as custom migration strategies.

With over 20 years of experience working with the High-Tech industry, Bramasol was the partner of choice and we quickly helped them to Go-live on SAP RAR 1.1. One of the major drivers to achieving this was the way Bramasol leveraged BRF+ to provide a solid framework for driving RevRec decisions scenarios. A mix of standard and customized solutions was also used to enable a smooth migration of legacy data to RAR. Post go-live, Bramasol continues to be a valued partner providing the customer with ongoing specialized support.

 In the words of the customer “Bramasol was crucial to our successful on-time launch.

 


If you have a challenging or a complex RevRec Project or you feel compliance with ASC606, IFRS16 is difficult, do what the fortune 500 do.. Contact Bramasol

 CS-Global High Tech & Equipment Company

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