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Bramasol RevRec Team


Recent Posts

Watch how Bramasol played a vital role in hard transition from ASC605 to IFRS 15  for a Pioneer in electronic and design automation company

Thu, Aug 16, 2018 @ 06:01 AM / by Bramasol RevRec Team posted in revenue recognition, SAP Revenue Accounting and Reporting, Customer Story, ASC606, IFRS15

A pioneer in electronic design and automation and with a presence in more than seven countries, our featured customer offers bundles of hardware, software, support & training to industrial customers. The Company was running ECC 6.0 with SD Revenue Recognition and was in the process of implementing SAP RAR 1.3 to support a mandated transition to IFRS 15. The project delivers a "hard" transition from ASC605 to IFRS 15, running RAR 1.3 SP02 for ten company codes around the world. The deployment includes a migration of 26000 in-flight contracts.

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If You've Been Using SD RevRec for ASC 606, It Can't Last Much Longer

Tue, Jul 24, 2018 @ 09:46 AM / by Bramasol RevRec Team posted in revrec hot-tips

During the lead-up to implementation of the new Revenue Recognition standards, ASC 606 and IFRS 15, companies chose a variety of paths to get ready. 

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Compendium of Most Popular RevRec Blog Posts

Tue, Apr 24, 2018 @ 05:30 AM / by Bramasol RevRec Team

Sometimes as you move forward, it can also be helpful to take a look back and see how far we've come. 

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

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

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

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Learn how Bramasol Helped a leading Global Publisher with complex RevRec scenarios

Thu, Apr 12, 2018 @ 06:41 AM / by Bramasol RevRec Team

The customer is a global publishing company, which specializes in academic publishing. The company publishes electronic and print books, journals, and encyclopedias, as well as training and educational materials. The organization markets its products to a number of segments including professionals, students, instructors, researchers and more.

The company faced challenging issues around Digital Media, Multi-currency Intellectual Property and other areas in digital publishing.  They needed a partner expert in SAP RAR

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Improving Financial Transparency with Adoption of ASC 606

Tue, Apr 10, 2018 @ 06:15 AM / by Bramasol RevRec Team posted in revrec hot-tips, ASC606

Now that the adoption deadline for ASC 606 ( IFRS 15 for IFRS filers), revenue recognition for public entities has passed, the readers of companies’ financial statements should expect a much more robust financial reporting over revenue recognition.  

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Most Companies are Underestimating RevRec Changes According to SAP CAO

Tue, Mar 27, 2018 @ 08:18 AM / by Bramasol RevRec Team posted in revrec hot-tips

In a recent interview with CFO.com, Christoph Hütten, chief accounting officer for SAP, discussed the readiness (or lack of readiness) of companies for meeting the new RevRec standards, ASC 606 and IFRS 15.  

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Disclosure requirements under ASC 606: Allocation of transaction price to unfulfilled performance obligations

Tue, Mar 27, 2018 @ 01:51 AM / by Bramasol RevRec Team posted in revrec hot-tips

Now that the January 2018 deadline has passed, and public companies must now adopt the new revenue recognition standard, ASC 606, disclosures become the central focus of the implementation process.

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Watch how Bramasol helped a Leading Networking Company Automate and Simplify their RevRec Processes and Reporting

Thu, Mar 22, 2018 @ 07:46 AM / by Bramasol RevRec Team posted in revenue recognition, SAP Revenue Accounting and Reporting, Success Story, Customer Story, Networking, ASC606

This Global Fortune 500 company  is a leader in the manufacture, installation and service of computer, networking and computing systems providing solutions for companies of all sizes around the world. Their highly complex landscape and current global migration project required both a focus on achieving near term compliance while positioning a smooth migration to SAP S/4 HANA. They needed someone with deep, proven expertise and experience in implementing SAP RAR.

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RevRec Ready Rapid Compliance Solution for ASC 606 & IFRS 15

Mon, Mar 19, 2018 @ 04:15 AM / by Bramasol RevRec Team posted in revrec hot-tips

Bramasol, the leader in Revenue Recognition solutions, has announced a new, purpose-built product that reduces complexity and gives companies across a variety of industries a ready-to-deploy turnkey solution for disclosure reporting and compliance.

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