Treasurers spend their working lives trying to avoid or alleviate risk, looking ahead and planning for the ‘worst-case scenario’ – an idea that has been given new importance and urgency by the COVID-19 pandemic. A driving challenge in this setback for many businesses are to proceed with business as usual in a time when business is very unusual. For treasurers, the way to do this is to ensure that the data and information are readily accessible and reliable, especially pertaining to current and future cash flows.

“Real-time data” is a very popular term in the world of reporting and analytics. Timeliness of reporting can deliver good returns to the business. Companies reporting in real time are better positioned to do strategic planning and attract investors. 

Businesses in every industry are working on strategies to move away from one-time transactions and into enduring relationships based on the premise of continuous value delivery.

Achieving an efficient financial close process is critical for providing timely information to key stakeholders, including corporate executive management, investors, SEC regulators, etc.  However, in recent years, the dynamically changing compliance environment has been making the closing and disclosure reporting processes more complex and time consuming.

As a leader in compliance and finance innovation, Bramasol has introduced a new purpose-built CLM Rapid Solution that enables companies like you to quickly get up and running for ASC 842 or IFRS 16 compliance. It leverages the power of the industry’s leading leasing solution, SAP CLM, and combines it with Bramasol’s deep experience to provide a quick start that can get you up and running in 8 weeks instead of months or years and for a price that you can afford.

The growing complexity of financial reporting and rapid changes have led to a substantial increase in demand for expert accounting advisory services. The financial reporting challenge is driven by developments in the financial reporting environment, with extensive modifications across many areas, and further waves of change predicted in the coming years.

It’s time to get some deeper insights from our expert guest for this episode on Change Management During Difficult Times.

Birgit Starmanns, Global Head for Thought Leadership Strategy and Programs at SAP's Global Center of Excellence for Finance and Risk, discusses the key aspects of Change Management and how it's accomplished today, especially in the current global situation where change is paramount

SAP presents special webinar on COVID-19 Crisis. Plan ahead to join the webinar on Wednesday, April 15th, 2020, 12:00 PM EDT/ 9:00 AM PDT. Bramasol is proud to be presenting in this special SAP webinar series that focuses on what you can be doing now to survive these turbulent times and position yourself for a return to growth in the future.

To our valued clients and partners,

At Bramasol we are dedicated to our clients and our people.  Together we will face the challenges of ensuring the health and safety of all during the Covid 19 crisis, while continuing to deliver world-class service and support to our clients.