Cash is King, especially in today's uncertain economy. We will share with you how you can preserve cash and raise EBITDA through active Lease Management.
Bramasol Leasing Administration Team
Recent Posts
Webinar - Improving Free Cash Flow Through Active Lease Management
Thu, Apr 16, 2020 @ 08:34 AM / by Bramasol Leasing Administration Team
Podcast- ASC 842 Compliance for Private Companies
Thu, Jan 30, 2020 @ 06:09 AM / by Bramasol Leasing Administration Team posted in SAP, IFRS16, Leasing Solution, ASC 842, Compliance, podcasts
Listen to the latest podcast in Bramasol's Insights to Action series.
In this episode, John Scott, Senior Technical Accounting Adviser at Bramasol, shares insights of ASC 842 that applies to private companies and key issues that need to be addressed in order to succeed.
Webinar Video - Cloud for Real Estate & Future of Asset Management
Wed, Jul 17, 2019 @ 06:38 AM / by Bramasol Leasing Administration Team
The future of real estate management is here. Learn how SAP's Cloud for Real Estate solution combines leading edge visualization tools and animation with deep Real Estate and Leasing functionality to bring you the world's best solution.
Webinar - You've filed your first ASC 842 reports; now what?
Tue, Apr 16, 2019 @ 03:13 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, Leasing Solution
Many of you are in the midst of filing your first quarter ASC 842 adoption footnote disclosures. If you used brute force and/or a limited-scope point solution, how did that go? If you used a non-integrated solution, how did the reconciliations go between asset accounting and payments? Excel spreadsheets are not a realistic long term solution. Feel like you’re stuck in a dead-end now? You don’t have to be!
Webinar Video- Are your ASC 842 Disclosures Validated? Your Auditors Will Require Proof
Wed, Jan 16, 2019 @ 07:17 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, Disclosure Reoprting
Just as you’ve been preparing to become compliant, audit firms have been preparing as well; determining what and how to verify and validate your disclosures. Bramasol determined that the best way for you to prove the accuracy of the data in your disclosures was to develop not only drill-through Disclosure Reports but also drill-through Validation reports. Your proof is in the details.
They Said ASC 842 Compliance Was Easy, But Was It Really?
Mon, Jan 7, 2019 @ 08:51 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, SAPLeaseAdmin
They promised that a standalone solution would work as well as any integrated solution and that integration and data management/migration were easy. And, that reporting is a snap. But is it really?
As the leading experts in SAP Leasing Solutions for ASC842 and IFRS 16, we know what works. Integration can be hard. Data validation is required far more than you expected and reporting is anything but a snap, especially if you need data from your ERP as well as your leasing solution.
New Leasing eBook- Tips and Strategies for Estimating the Lease Term
Fri, Dec 7, 2018 @ 07:55 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, ASC 842, Hot Tips
In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 ( “ASC 842”), Leases, which provides new guidelines that change the accounting for leasing arrangements.
The new leasing standard becomes effective in fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, for:Leasing Webinar Video - Tips for Successful ASC 842 Launch
Wed, Nov 21, 2018 @ 06:33 AM / by Bramasol Leasing Administration Team posted in leasing, Leasing Solution
The January 2019 deadline for compliance with new Lease Accounting standards, ASC 842 and IFRS 16, is now looming less than two months away. Are you ready? If not, Bramasol can help
Webinar Video : ASC 842 Leasing Disclosures: More Than Compliance – Insights To Action
Mon, Sep 17, 2018 @ 06:07 AM / by Bramasol Leasing Administration Team posted in leasing, ASC 842
If you thought ASC 842 Disclosures were just to make the SEC happy, think again. Leveraging Bramasol’s Disclosure reports and analytics on SAP S/4 can provide you with insights into your lease portfolio. Manage costs, understand interest rates and view your portfolios globally so you can have real insights into your leased asset portfolio.
New eBook: Transitioning to ASC 842 using the Portfolio Approach to Group Leases
Mon, Aug 13, 2018 @ 11:11 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC 842
With less than five months remaining until January 2019, when public companies have to comply with new leasing standards, ASC 842 and IFRS 16, your implementation plans should already be well underway.