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Ignite Possible Newsletter

October  2015

RevRecReady-HotTip

Try a Proof of Concept. 

Not quite ready for a full blown project?

Choose one or two key scenarios and work with a partner to implement them as a Proof of Concept..  

You will learn a lot about your partner, your business and what it will take to implement fully. 

Read more RevRec Hot Tips Here

 

Preparation and Goal Setting

Preparation2.jpg
Successful companies focus on what makes them unique and play to their strengths and offset their weaknesses.

It is critical to align with the corporate vision and to be clear about goals and outcomes you want to achieve. 
 

Seven Myths of Revenue Recognition 

In many companies, decision-makers are either unnecessarily delaying the start of implementation for the new revenue recognition standard or are confused about where and how to begin. This puts them at risk for increased costs, last-minute problems and potential non-compliance.

Often the failure to get started and inability to lay out a well-structured path to success results from buying into the dangerous misconceptions that we call the “Seven Myths of Revenue Recognition”.

The newest RevRec ebook from Bramasol offers a quick overview of these Seven Myths, which is intended to help you and your staff cut through the confusion and get moving on the path to both successful compliance and enhanced business operations with regard to revenue management.

Download it now to get ahead of the curve for RevRec success.

RevRec Ready eBook

Industry News and Events:

RevRec Summits:
RevRec Summits are currently planned for New York, Los Angeles and Seattle during November. The Summits hosted by SAP, EY and Bramasol provide a great opportunity for you to network with your peers and participate in an interactive discussion on the accounting, systems and business process implications of the Revenue Recognition standard.
 
Bramasol Monthly Q&A Webinars:
The first of a new series of monthly Q&A Webinars will be hosted by Bramasol on November 5, 2015.  Focused on RevRec, this first webinar is your chance to ask questions and get the latest news on Revenue Recognition changes, best practices, resources and applications.  
Click here to register for the webinar series.

Other Resources:

User Group for SAP Revenue Accounting and Reporting

Register Here to Join

Checklist for Success with
SAP Revenue Accounting and Recognition Application

Click Here to Download

 

 

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