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Bramasol Financial Transformation Team


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Executive Round-table on Financial Transformation in Boston on Nov. 8

Mon, Oct 22, 2018 @ 10:22 PM / by Bramasol Financial Transformation Team posted in financial transformation

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FinancialTransformation-HotTipHere's a great opportunity to join a select group of Financial Executives and Leaders for an information-filled day on November 8, 2018 at the SAP Offices in Burlington, MA, where Bramasol, SAP and special guest from Monotype will discuss key challenges and solutions for Finance, Analytics and Compliance.

Bramasol-SAP-Monotype

This is a unique opportunity for Executives from companies in the New England area to hear the latest on key finance, analytics and compliance issues, along with a great chance to network with your peers. Experts from SAP and Bramasol will provide insights on strategies for both near-term compliance and long-term financial transformation.

The agenda for this complementary one-day event includes:

  • Overview of issues facing finance executives
  • Using analytics to drive Insight to Action for Compliance and Financial Transformation
  • Demonstration of SAP Cloud Analytics for compliance and reporting
  • Understanding key SAP S/4HANA innovations, adoption scenarios and tools
  • Case study by Monotype detailing their journey to compliance success

This is definitely an event that you don't want to miss!

Register to Attend  Executive Round-table November 8 in Boston

ExecutiveRoundtable 

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eBook - S/4HANA is the Future: Understanding Why and How to Get There

Fri, Oct 12, 2018 @ 07:46 AM / by Bramasol Financial Transformation Team posted in S/4HANA, CFO, financial transformation, Financial Innovation

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This eBook provides a brief overview how S/4HANA represents the future for companies currently using SAP platforms, as well as many other companies looking for a sustainable path to finance innovation.  It also lays out some of the key considerations in developing a roadmap to implement and get the best results from S/4HANA.

S4HANA is the FutureThe focus of this piece is to provide a roadmap for planning and carrying out implementation of SAP S/4HANA and Digital Core environment, with an emphasis on the Why, How, and Key Steps for Success.

If you ever had a question, Why Financial Transformation? This is the must read eBook meant for you, As most conventional finance management technologies have been in existence for decades and, while they offer a familiar environment, the lack of unified solutions create significant limitations when it comes to keeping pace with today’s complex and dynamically changing corporate challenges. 

This eBook addresses nearly all of your S/4HANA related questions starting from what really is S/4HANA, Key benefits of the S/4HANA architecture vs. Legacy Systems, How it can transform the Enterprise Finance Landscape and a roadmap for S/4HANA success.

Here is the quick  Index of the this value eBook;S4HANA eBook Content-1

Instead of always grappling with reassembling disparate pieces of the picture this enables CFOs and staff throughout the company to see a holistic real-time view that encompasses all operational data sets and analysis capabilities within a single unified architecture.

In addition to improving both the access to and the ability to manipulate information, S/4HANA also dramatically improves real-time analytics performance because nothing must be moved, massaged or reconciled before the analysis.

Download our eBook to learn more

S/4HANA’s data compression and immediate accessibility capabilities have enabled a single source of truth and shared decision-making environment for everyone, the financial transformation approach radically changes how people interact and collaborate to solve problems and improve performance.

Download our eBook Now

You may also be interested in our recent Thought Leadership blog-The Financial Transformation Maze – Developing A Roadmap To Help CFOs

New eBook: S/4HANA is the Future: Understanding Why and How to Get There Download Now

 

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Celebrate AP Recognition Week by Learning How Concur and S/4HANA can Streamline Expense Management

Tue, Oct 9, 2018 @ 09:40 AM / by Bramasol Financial Transformation Team posted in S/4HANA, FinancialTransformation-Hot-Tips

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FinancialTransformation-HotTipThe Institute of Financial Operations sets aside a week every year to celebrate the dedication, drive, and accomplishments of Accounts Payable staff as key financial operations professionals.

AP-recognition-week

As you celebrate, why not take a little time to prepare for the future of AP and expense management by learning more about how the combination of SAP Concur with S/4HANA and other best-of-breed apps can transform and streamline your AP operations.

Control your finances with end-to-end, automated data synchronization between SAP Concur and your SAP
business applications on SAP ERP and SAP S/4HANA. Integrating the world’s most powerful spend
management tool with your SAP business applications means you can more effortlessly and accurately manage expenses to get a complete view of your finances in one place. SAP Concur automates and connects the entire spending process—from pre-spend approval to reconciliation, reporting and analytics—right into your SAP systems.

SAP Concur is a key element within the overall intelligent SAP Digital Core that forms the heart of business optimization going forward. 

As a leader in helping companies with their overall Finance Transformation initiatives, Bramasol has been developing a range of specific entry-point methodologies, such as expense optimization with Concur, that can provide "on-ramps" to S/4HANA without taking on too much in the beginning.  By integrating with SAP Analytics Cloud and other best-of-breed applications, companies are able to streamline this key operational area while also laying the foundation for broader transformation opportunities.

 

SAPIntelligentDigitalCore

To help you get the complete picture and lay out a road-map forward, we're offering these two important ebooks in one download.

  • Native Integration of Expense Management with S/4HANA, Concur and SuccessFactors
  • Integrate best-in-class SAP Applications with SAP Concur Expense Professional

 Two eBooks on Concur, S/4HANA and Integration of Expense Management Download Here

 

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New S/4HANA version 1809 Released to General Availability

Tue, Sep 25, 2018 @ 12:56 AM / by Bramasol Financial Transformation Team posted in S/4HANA, FinancialTransformation-Hot-Tips

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FinancialTransformation-HotTipToday marks a key milestone in the evolution of S/4HANA with the release to general availability of SAP S/4HANA 1809.  As a co-innovation partner with SAP, Bramasol is pleased to offer our help and expertise on mapping out and fulfilling your journey to SAP S/4HANA.

S/4HANA embodies these four characteristics that are the basis for a digital core:

  1. An architecture that delivers a scalable foundation to transact at highest possible automation
  2. A system that supports and steers the business using real-time embedded analytics, simulation, prediction, and decision support to run live business
  3. An end-to-end experience that allows to be faster implemented, consumed, and adapted
  4. An open architecture to allow connectedness and adoption of micro-services

S/4HANA 1809 continues to build out these three ingredients to make the digital core intelligent:

  1. A digital age UX, or more precisely a conversational user interface and natural language interaction which allow us to target a hands-free ERP by 2020
  2. Automation of business processes: We strive for an automation of 50 % of all ERP business processes within the next three years. This automation mainly addresses companies´ bottom lines and helps saving costs.
  3. The next generation of business processes: While providing a streamlined architecture and technology that did not exist before, we want to target the top line increase by providing the infrastructure to completely rethink value creation and service tasks.

S4HANA_IntelligentSuite

 

Watch this brief video to learn more.

Read the full blog post from SAP here.

To learn more about S/4HANA, read the latest eBook from Bramasol.

New eBook: S/4HANA is the Future: Understanding Why and How to Get There Download Now

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New App from Bramasol Provides Analytics Solution for RevRec Compliance

Mon, Sep 24, 2018 @ 01:49 PM / by Bramasol Financial Transformation Team posted in revrec, SAPappcenter

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Bramasol is pleased to announce the release of our new app: "Analytics for Revenue Recognition Disclosure Reporting" that is now available for purchase in the SAP AppCenter.

Companies world-wide rely on Bramasol to help them comply with and benefit from Revenue Recognition regulations ASC 606 and IFRS 15. Our IP, Reporting Tools and Experts can help you to meet them. Bramasol is the Revenue Recognition leader and a recognized SAP Revenue Recognition services partner for companies seeking to comply with and benefit from the new Rev Rec standards. 

This new solution includes highly-flexible analytics that provide companies with the specific quantitative information needed to fulfill statutory reporting requirements and are designed to visually surface any set of relevant information needed to support accurate understanding and timely decision making.

Click here to View the Bramasol Analytics for RevRec Disclosures App in the SAP AppCenter.

AnalyticsforRevRecDisclosure

 

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SAP S/4HANA Strategies for Success - One-Day Summit, Oct 25, Orange County, CA

Tue, Sep 11, 2018 @ 06:53 AM / by Bramasol Financial Transformation Team posted in S/4HANA

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Bramasol is proud to co-sponsor this important one-day summit on Strategies for Success with S/4HANA.

Your SAP S/4HANA Journey: Strategies for Success 
One-Day Summit, October 25, 2018, Orange County, CA

You have heard how SAP S/4HANA® can empower your organization to run live — and connect all parts of your business to break free from the business boundaries and technology limitations of the past. In this 1-day leadership summit, go one level deeper, and learn how to concretely adopt SAP S/4HANA to achieve higher business success and competitive advantage.

 

YourSAP-S4-Journey

 

Hear from industry thought leaders and subject matter experts from Bramasol and SAP to:

  • Understand what it means to be a digital business and how Intelligent ERP can empower your transformation
  • Examine how to accomplish the critical steps — from defining your business use cases to blueprinting your desired processes and outcomes — that pave the path to successful SAP S/4HANA adoption
  • Break into groups with your peers and implementation experts for interactive discussions on how to set a path to concretely adopt SAP S/4HANA, and the implications and benefits that SAP S/4HANA has for lines of business and IT teams
  • Hear directly from an SAP S/4HANA early adopter on how the company planned for and implemented SAP S/4HANA, the challenges they faced, and the business outcomes

Admission is FREE for select customers and seating is limited.   ApplytoAttend

 

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Join Bramasol at SAP Controlling Conference in San Diego, CA Sept. 17-20, 2018

Tue, Aug 7, 2018 @ 05:54 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, SAP Controlling, SAP Events, S4HANA

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FinancialTransformation-HotTipPlan ahead to join Bramasol and other SAP Professionals at SAP Controlling 2018 conference in San Diego, CA on September 17-20, 2018.

Attend detailed sessions on SAP management accounting including the latest functionality such as S/4HANA. Attendees include end-users, managers, Controllers, CFO's and consultants dealing with master data, transactions, configuration, and reporting for managers.

Conference tracks are grouped together by type of session, as follows:

CTA Controlling-1
  • SAP Reporting/SAP Planning
  • SAP Controlling
  • SAP Product Costing
  • SAP S/4HANA / SAP Material Ledger

Bramasol is proud to be a participating sponsor of SAP Controlling 2018 and we're looking forward to sharing our latest financial controlling and compliance solutions along with hands-on demos of our transformational analytics and S4HANA capabilities.

 

Click here to book a meeting with Bramasol experts at SAP Controlling 2018

 Join Bramasol at SAP Controlling conferance San Diego Sept 17-20 2018

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New Webinar Series: Demystifying the SAP Cloud Platform

Tue, May 8, 2018 @ 06:39 AM / by Bramasol Financial Transformation Team posted in finance innovation, FinancialTransformation-Hot-Tips

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FinancialTransformation-HotTip

A recent blog post by Bramasol CEO Dave Fellers posed this important question: "How does a company go about getting targeted cost-effective compliance in the near-term along with a transformative path forward to overall Finance Innovation?"

He also explained that "for companies that are already invested in SAP technologies, the answer is S/4HANA and S/4HANA Cloud."

Looking at the SAP roadmap, it is clear that S/4 HANA is the future for all SAP-based companies and that virtually everyone will undertake migration projects to implement S/4 HANA over the next two to three years.

Given the reality of S/4 HANA as the core SAP technology platform, with the excellent and cost-effective S/4 HANA Cloud functionality available right now, Bramasol believes in charting a path that takes maximum advantage of today’s compliance-driven requirements to usher in tomorrow’s financial transformation.

The SAP Cloud Platform is SAP’s platform-as-a-Service allowing companies to extend and personalize on premise or cloud apps, build new and differentiating apps or integrate and connect cloud and on-premise apps to make digital access simple and streamlined.

Join SAP for this new six part webinar series to hear from SAP experts and third party analysts on key topics to help demystify and clarify many aspects of the SAP Cloud Platform that in turn will lead you to make more informed and accurate decisions as you continue your journey to the cloud. 

The webinar topics are as follows:

Discover How to Solve Business Problems Faster with SAP Cloud Platform 
Date: Wednesday, May 9, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

Discover why SAP Cloud Platform stands out from the pack
Date: Thursday, May 24, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

How SAP Jam can help modernize your intranet quickly and accelerate time to value
Date: Thursday, June 14, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

Key considerations in choosing data persistence options in SAP Cloud Platform
Date: Thursday, June 28, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

The Apple/SAP Partnership: Delivering Next Gen Intelligent Apps for the Enterprise
Date: Thursday, July 12, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

Myth busting: Separate fact from fiction when considering your SAP cloud journey
Date: Thursday, July 26, 2018
Time: 8:00 a.m. PDT / 11:00 a.m. EDT

We urge you and your staff to attend one or more of these webinars to build a better awareness of the opportunities available with S/4HANA Cloud Platform. Click here to register for SAP Cloud webinars.SAP Cloud Platform webinar series

In the meantime, if you want some personalized help to understand specifically how these technologies can be applied to your business, click here to request a consultation and S/4 HANA demo from Bramasol experts.

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Explore how a fast-growing Pharma company turned to Bramasol to bring in systems to support their larger operations

Thu, Apr 26, 2018 @ 08:10 AM / by Bramasol Financial Transformation Team posted in finance innovation, Success Story, Customer Story, pharma

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Our customer is an American manufacturer and multi-level marketing global giant which specializes in skincare products. They have built a premium skincare brand on a legacy of innovative dermatology-inspired skincare products which in turn are backed by clinical results.

The main problem the customer faced was that their hyper-growth was getting increasingly constrained by legacy systems which were transaction-based instead of process-based. Their 100% YoY growth was held back by the lack of business processes and automation, capable of handling near & long term growth plans. The best suited solution recommended by Bramasol was SAP Cloud ERP which was utilized to proactively automate their business value chain to support significant growth plans, and also integrated order entry, 3PL, and credit card processes.

 Project Drivers:

  • Replace legacy system - Replace the current system(s) with a new ERP solution to integrate all critical processes
  • Prepare for growth - The current system(s) were not able to handle the anticipated growth.
  • Better Control on Billing Cycle - Establish all steps of the billing cycle in one system with improved control and compliance checks
  • Transparency of Information - Improve management decisions through better reporting
  • Integrated Solution - Establish all critical business processes in one fully integrated system
  • Better manage operational cost - Retire all legacy systems, hardware and maintenance with a SaaS solution
  • Process efficiency - Utilize the best practices embedded in the SAP Business ByDesign solution

Pharma Company CS Cover photo_YouTube r1

 How Bramasol Assisted:

  • Implemented SAP Cloud ERP to automate & support their key value chain operational processes.
  • Full Data Migration
  • Full automation of online order entry (Sales Order to Delivery to Customer Invoice), 3PL, and credit card processes

If you want to leverage significant new technology trends to get ahead of the curve on new requirements while fundamentally transforming and unifying financial systems; Do what many high growth companies have done contact Bramasol.

 

check our other customer stories here

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New eBook: SAP Cloud for Planning

Fri, Mar 16, 2018 @ 07:43 AM / by Bramasol Financial Transformation Team posted in financial transformation, Bramasol, Financial Innovation, S4HANA

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As part of Bramasol’s ongoing series on Financial Innovation, this eBook provides an in-depth look at how the SAP Cloud Analytics platform can be leveraged to provide flexible, integrated Cloud Planning processes across a wide range of enterprise functional areas.

Most conventional finance management technologies have developed to serve specific “stovepipe” functions and therefore lack native capabilities for cross-integration between applications.

Some of the chronic problems that arise from these limitations include:

  • Inefficient separation of analytical capabilities and transaction data
  • Inability to accurately aggregate disparate data for decision-making
  • Lack of support to business transformation initiatives
  • Dependence on IT staff for creating specialized and ad hoc reports
  • Loss of productivity due to users juggling multiple systems and data sources

Because of these issues, most companies are forced to spend an inordinate amount of time coping with mundane but necessary challenges such as “keeping the lights on” and juggling data sources just to keep their head above water. Industry surveys indicate that 70 to 80 percent of time is typically spent on such problems.  A key goal of Financial Transformation is to shift the balance in favor of spending less time on these non-productive activities and more time on driving business innovation.

In contrast, the approach to Digital Transformation for Finance developed by Bramasol in conjunction with SAP overcomes these limitations by bringing together Cloud functionality, Data from a variety of sources, Mobile access capabilities, and seamless connectivity to connect People throughout the enterprise and beyond.

As shown below, SAP Cloud Analytics is built around the core functionality previously known as SAP BusinessObjects (BOC), which brings together data, processes and collaborative communication capabilities within a single unified, interactive and adaptable environment.

eBook SAP Cloud for Planning.jpg

As described in this eBook, the SAP Cloud Analytics architecture and SAP Cloud Planning tool provide a highly flexible environment for extracting a range of different data sets from operational systems, aggregating them for analysis and then modeling a variety of scenarios to inform planning decisions.  The tools are designed to optimize communication between key roles and to enable integration of Business Intelligence, Predictive Analytics and Planning processes.

These capabilities provide a vital set of tools for CFOs, planning staff and corporate decision-makers to help overcome the limitations of legacy approaches and to enable Financial Transformation to improve operational processes, productivity, and overall business results in the near term and the future.

Click here to download the eBook on SAP Cloud for Planning

 

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New eBook: S/4HANA is the Future: Understanding Why and How to Get There Download Now
Download the eBook: Transitioning to ASC 842 using the Portfolio Approach to Group Leases

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