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Join Us for SAP RAR User Group on November 16, 2017

Posted by Bramasol RevRec Team on Wed, Nov 15, 2017 @ 04:20 AM

Reminder! 

SAP Revenue Accounting and Reporting (RAR) User Group
November 16, 2017 - 12:00 PM EST - 9 AM PST

The next (Eleventh) user group meeting will be held this Thursday November 16, 2017 from 12:00 PM EST - 1:00 PM EST (9:00 AM - 10:00 AM PST). 

Pete Graham, Director Finance Solutions and Mobility, SAP, will cover updates on SAP Revenue Accounting and Reporting (RAR) 1.3 SP03, followed by a Q&A session with attendees.

Register Here to attend the SAP RAR User Group meeting online.

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Topics: SAP RAR

Ease the Burden of Disclosure Reporting with Pre-Built Reports

Posted by Bramasol RevRec Team on Mon, Nov 13, 2017 @ 05:26 AM

RevRecReady-HotTip.jpgThere is less than two months before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15. Since companies need to comply with legal disclosure reporting requirements, including a retrospective dual-reporting period between current ASC 605 and new ASC 606, it is critical that you have a clear disclosure reporting plan in place, NOW!

Using SAP Revenue Accounting and Reporting (RAR) as the engine to track sales contracts and revenue recognition enables implementation of ASC 606 requirements within SAP ERP/ECC, S/4HANA Cloud or 3rd Party ERP environments.  RAR also facilitates the ability to create highly-flexible analytics to provide companies with the specific quantitative information needed to fulfill statutory reporting requirements.

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As the leading co-innovator with SAP on the development of SAP RAR, Bramasol has more SAP RAR implementation projects and active live SAP RAR sites than anyone in the industry.  Bramasol has created a rich set of management and visualization tools to enhance the modeling, pilot, implementation and transition processes. SAP RAR can go-deep on any aspect of revenue recognition and the Bramasol enhancements are designed to visually surface any set of relevant information needed to support accurate understanding and timely decision making.

With Disclosure Reporting now on the near horizon, Bramasol has once again taken proactive steps to help companies stay ahead of the curve by developing a collection of specific reports for public entities to meet ASC 606-10-50x disclosure reporting requirements.

Bramasol’s end-to-end integrated solutions for revenue recognition compliance fit seamlessly within any existing operational and financial systems while providing the detailed information, audit trail, aggregation methodologies and advanced analytics to support statutory disclosure reporting. 

Click Here to Download eBook on RevRec Disclosure Reporting

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Topics: revenue recognition, revrec hot-tips, SAP RAR

Video: SAP RAR Data Migration and Reporting

Posted by Bramasol RevRec Team on Wed, Oct 4, 2017 @ 12:00 AM

The video of our latest Revenue Recognition Webinar is now available for viewing online.

Held on September 28, 2017, "SAP RAR - Data Migration and Reporting" featured a detailed presentation on the structured process of Data Migration with a focus on the five-step process including:

  1. Landscape Analysis
  2. Migration Design & Build
  3. Data Extraction and Archive
  4. Transformation and Validation
  5. Data Load and Reconciliation

The presentation was followed by a lively interactive panel discussion with a group of Bramasol experts with deep experience on the front lines of implementing revenue recognition projects with SAP RAR.  Together, these members of Bramasol's Center of Excellence have decades of experience with revenue recognition and data migration issues, including working closely with SAP and early adopters since the inception of the SAP Revenue Accounting and Reporting (RAR) application.

Bramasol is the Revenue Accounting and Recognition leader and a recognized SAP Revenue Recognition services partner for companies seeking to implement the ASC 606 and IFRS 15 standards. Our SAP-certified experts, participated in the majority of early product Ramp-ups and have worked on more SAP RevRec projects than any other company. 

Bramasol is the first SAP RevRec expert to develop a proven methodology, RADARR, based on dozens of projects and is the leader in providing innovations and solutions for complex RevRec challenges. We are the first to offer a suite of tools and reports the will gather all the key data for your disclosure reporting into one place and has pre-built management reports to help you deliver insights that drive action.

Click to View this Video and others from the Bramasol RevRec Webinar Series

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Topics: SAP RAR

RevRec Webinar Video: Dual Reporting How SAP RAR Facilitates Gathering Key Data

Posted by Bramasol RevRec Team on Wed, Jun 28, 2017 @ 03:07 PM

We invite you to view the latest video in Bramasol's highly successful Revenue Recognition Webinar Series.

Recorded on June 28, 2017 this new webinar focuses on:
"Dual Reporting - How SAP RAR Facilitates Gathering Key Data"

There are only six months before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15.

Since companies need to comply with legal disclosure reporting requirements, including a retrospective dual-reporting period between current ASC 605 and new ASC 606, it is critical that you have a clear disclosure reporting plan in place, NOW!

All companies that have chosen the Modified Retrospective approach to compliance for ASC 606 and IFRS 15 will be required to "Dual Report" for a period of 1 year under both the old and new standards. Many firms will struggle with this needlessly, choosing spreadsheets or convoluted approaches. SAP RAR solves that problem.

In this webinar video, we show you how to simplify, automate and improve auditability of your data for your 10K/10Q reporting.

Click Here to View the Video of this New Webinar and all Previous RevRec Webinars in the Series

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Topics: revenue recognition, SAP RAR

RevRec Webinar Video: The Big Reveal. Disclosure Reporting in SAP RAR

Posted by Bramasol RevRec Team on Wed, May 3, 2017 @ 09:03 AM

We invite you to view the latest installment in Bramasol's highly successful Revenue Recognition Webinar Series.

Recorded on April 27, 2017 this new webinar focuses on:
"The Big Reveal: Disclosure Reporting in SAP RAR"

Disclosure reporting is how you will "reveal" to the SEC and the world the decisions you made and implications for how you applied the new ASC 606 and IFRS 15 standards.

In this webinar video we explore the types of disclosure reporting required under the new ASC 606 and IFRS 15 standards for Revenue Accounting, including such things as backlog, deferred positions/revenue and asset and liability impacts. The video includes examples of the types of reports used that can leverage RAR

If you are a CFO, CAO, or Controller who doesn’t want to risk the impacts of failing an audit due to non-compliance with the new FASB and IASB Revenue Recognition standards or failure to properly make required disclosures, then you need to watch this presentation.

Click Here to View the Video of this New Webinar and all Previous RevRec Webinars in the Series

 April27 webinar

 

New Webinar Series on ASC 842, IFRS 16 and Lease Accounting.  Register Here.

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Topics: revenue recognition, SAP RAR

RevRec Webinar Video: SAP RAR 1.3 A Deeper Dive into New Functionality

Posted by Bramasol RevRec Team on Fri, Feb 24, 2017 @ 05:33 AM

We invite you to view the latest installment in Bramasol's highly successful Revenue Recognition Webinar Series.

Recorded on February 23, 2017 this new webinar focuses on:
"SAP RAR 1.3 - A Deeper Dive into New Functionality"

SAP RAR 1.3 is packed with so much new functionality that it took two webinars to go through it all.  This webinar followed up on the first overview of SAP 1.3 held in January 2017 and provided a deeper look at key issues such as:

  • Currency Re-evaluations Based on Payment Terms
  • Sales contracts with Sales Order Call Off
  • A Further Look at Consistency Checking

In this video we show the latest features in SAP RAR 1.3 and discuss how they apply to helping your company get #RevRevReady before the January 2018 deadline. The presentation includes a live Q&A.

Click Here to View the Video of this New Webinar and all Previous RevRec Webinars in the Series

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Topics: revenue recognition, SAP RAR

Join Bramasol at SAP-Centric Financials Feb 21, 2017

Posted by Bramasol RevRec Team on Tue, Jan 3, 2017 @ 10:45 AM

Join Bramasol at SAP-Centric Financials - Feb 21-22, 2017 in Dallas, TX.

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SAP Technologies are evolving at a rapid pace. These Technologies will allow your business to be customer centric and agile in your approach to process. The SAP-Centric Financials Conference has been designed by customers who want to hear case studies from Organizations who have implemented S/4HANA Finance, are driving Financial reporting and planning processes accurately and those who are using current systems to their full capability.

Join us on February 21 -22 in Dallas TX to hear 19 Customer presentations covering your most pertinent challenges. You will leave the conference understanding SAP’s Roadmap for Finance, How to perform Financial Planning and Analysis that enables your business to allocate resources smartly, and how to maximize the usage of your current ERP system. For more information on this conference please visit www.sapcentricfinancials.com

Bramasol's Larry McKinney and SAP's Pete Graham will be presenting on Feb 21 at 12:05 PM.

"In-Depth Guide to Getting #RevRecReady"

Two of the most important issues facing CFOs today are the new Revenue Recognition and Leasing regulations.   For many companies, there is less than a year to be ready to comply.  Bramasol and SAP have the tools and methodologies to help companies comply with the new ASC606 and IFRS15 regulations for revenue recognition.   Using the experience, expertise and methodologies proven on dozens of projects we will show you how to solve complex RevRec issues such as variable consideration, dual reporting and complex project systems.   We will provide a view in the latest SAR RAR system and a live demo of these key areas.   Leave this presentation feeling #RevRecReady

Click Here to Register for SAP-Centric FinancialsFINANCIALS-logo-black-green-stack1.png

 


Larry McKinney
Larry McKinney
Vice President of Strategy, Bramasol, Inc
 
Pete Graham
Pete Graham
Director of Financial Solutions, SAP
 
Join Bramasol & SAP in the  Revenue Accounting and Reporting  User Group: Register Here
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Topics: SAP RAR, revrec

Webinar on RevRec Reporting Using SAP RAR Now Available

Posted by Bramasol on Mon, Dec 19, 2016 @ 04:00 PM

The latest in our highly regarded series of Revenue Recognition webinars is now available for viewing online.  This webinar titled "RevRec Reporting - Insights and Analysis Using SAP RAR" was held on December 7, 2016.

CFO's, Controllers and CXO's want to know the "So What" of the business and the same is true for Revenue Recognition. Providing analytics for revenue forecasting, creating accurate P&L's for 10K's and 10Q's and other reporting are essential.

This webinar provided several examples of reports available using SAP RAR, including both standard reports and extended reporting examples that we have created based on our experience with clients. The presentation was followed by a live Q&A.

Click here to view this webinar and others within the Bramasol RevRec Webinar series.

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Click Here to Learn More About Bramasol

 

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Topics: SAP RAR

See Bramasol Talk RevRec at SAP-Centric Financials Feb 21

Posted by Bramasol RevRec Team on Wed, Nov 2, 2016 @ 06:24 AM

Join Bramasol at SAP-Centric Financials - Feb 21-22, 2017 in Dallas, TX.

Bramasol's Lasry McKinney and SAP's Pete Graham will be presenting on Feb 21 at 12:05 PM.

"In-Depth Guide to Getting #RevRecReady"

 

Two of the most important issues facing CFOs today are the new Revenue Recognition and Leasing regulations.   For many companies, there is less than a year to be ready to comply.  Bramasol and SAP have the tools and methodologies to help companies comply with the new ASC606 and IFRS15 regulations for revenue recognition.   Using the experience, expertise and methodologies proven on dozens of projects we will show you how to solve complex RevRec issues such as variable consideration, dual reporting and complex project systems.   We will provide a view in the latest SAR RAR system and a live demo of these key areas.   Leave this presentation feeling #RevRecReady

Click Here to Register for SAP-Centric Financials

FINANCIALS-logo-black-green-stack1.png


Larry McKinney
Larry McKinney
Vice President of Strategy, Bramasol, Inc
 
Pete Graham
Pete Graham
Director of Financial Solutions, SAP
 
Join Bramasol & SAP in the  Revenue Accounting and Reporting  User Group: Register Here
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Topics: SAP RAR, revrec

Webinar Video: Variable Consideration Approaches using SAP RAR

Posted by Bramasol RevRec Team on Thu, Oct 27, 2016 @ 02:48 PM

The video of Bramasol's newest RevRec webinar, "Variable Consideration Approaches using SAP RAR" is now available for viewing online.  

Recorded on October 27, 2016, this webinar addresses the various challenges presented by the new ASC606 and IFRS15 regulations regarding Variable Consideration and shows how SAP RAR and Bramasol can help solve them. The presentation was followed by a live Q&A.

If you deal with rebates, performance bonus or penalties, coupons, or contingencies, you should view this webinar.

With only 14 months to the January 2018 deadline, these drill-down issues have become critical for companies in order to get #RevRecReady .

Click here to view this latest webinar as well as all webinars in our highly regarded RevRec Webinar Series.

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Topics: revenue recognition, SAP RAR, revrec

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