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David Fellers

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So, you thought you were finished with RevRec? Now is the time to Optimize and Integrate!

Fri, Aug 7, 2020 @ 09:10 AM / by David Fellers posted in revenue recognition, CEO perspective, Thought Leadership

Among the numerous compliance and regulatory changes over recent years, ASC 606 on Revenue Recognition has been one of the most significant and challenging for companies to implement.

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Key Elements for Driving Enterprise-Wide Treasury Integration

Tue, Jul 7, 2020 @ 07:59 AM / by David Fellers posted in CEO perspective, Thought Leadership, Treasury Management

Treasury executives are facing an unprecedented confluence of challenges today, with no reasonable prospect that the massive waves of change will be easing up any time soon.  In addition to the black swan event of a global pandemic that has literally shutdown economic activity in much of the world, companies are also dealing with other high volatility forces, such as the Russia vs Middle East oil production standoff and global currency fluctuations.

These and other related forces are combining to create significant new challenges for Treasury, which in turn is accelerating the already existing trend toward greater integration and interoperability of various treasury-related software applications.  For example, management of cash positions, working capital and hedges against external risk factors are prime focus areas that can benefit from enterprise-wide visibility along with flexible analytics tools and agile response mechanisms.

Overall risk management entails these four key areas:

  • Financial: Cash, Foreign Exchange, Commodities, Exposures, Credit
  • Geo-political: Taxes, Tariffs, Trade, Political
  • Business Continuity: People, Processes, Supply Chain, Equipment, Real Estate
  • Security: Data, Systems, People, Property, Brand/Reputation

Security issues span all aspects of a business. For more info, watch the video of this webinar on Risk and Exposure.  In this post, we are focused on three areas, Financial, Geo-political, and Business Continuity, all of which have significant relevance to enterprise-wide treasury integration.

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Integrated Analytics are Key to Successful Disclosure Reporting

Fri, Jun 5, 2020 @ 10:47 AM / by David Fellers posted in analytics, CEO perspective, Thought Leadership

Over recent years, several changes in the compliance landscape, such as ASC 606 / IFRS 15 on Revenue Recognition and ASC 842 / IFRS 16 on Lease Accounting, have radically altered the requirements for what data must be disclosed and how disclosure reporting is handled. 

At the same time, major shifts in business models, such as the rise of the subscription economy and the move from product-focused sales to experience-focused solutions are fundamentally changing the ways that revenue is generated.

In addition, most companies are looking for ways to speed up their closing cycles in order to provide investors and other stakeholders with accurate and timely information in a shorter period of time.

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Treasury eBook: Internal Controls for Treasury

Wed, May 20, 2020 @ 01:34 AM / by David Fellers posted in Treasury Management, Internal Control

The main functions of treasury include cash and liquidity management, funding and capital management, and financial risk management. These functions are in many treasury environments handled through spreadsheets and manual processes. This creates significant risks and these risks need to be matched to the organization and the board’s objective.

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Podcast- Improving Cash Flow and EBITDA with Active Lease Management

Mon, May 18, 2020 @ 09:32 PM / by David Fellers posted in SAP, ASC842, SAPLeaseAdmin, IFRS16, Leasing Solution, podcasts, SAPCLM

Listen to our latest Podcast on Improving Cash Flow and EBITDA with Active Lease Management. During this podcast, John Froelich, Bramasol VP of Marketing and Strategy, discusses Active Lease Management and explains how it can improve visibility of lease portfolios and cash flow along with enhancing financial performance.

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Data Mastery and Central Finance Will Be Key to Finance Transformation Success

Tue, May 12, 2020 @ 09:33 AM / by David Fellers posted in CEO perspective, Thought Leadership, data mastery

SAP Central Finance (CFIN) offers an excellent pathway to jumpstart your S/4HANA journey by providing an efficient and agnostic platform for integrating visibility and financial reporting across diverse ERP landscapes.  However, if the data isn't accurate and doesn't flow properly you won't achieve the results you want. 

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Accounting Advisory Services are Key to Finance Transformation Success

Wed, Apr 29, 2020 @ 01:43 PM / by David Fellers posted in CEO perspective, Accounting Advisory Services

Most companies are constantly looking for new ways to upgrade their finance, treasury, and compliance activities as an on-going commitment to improving productivity, reducing risk, and optimizing overall business agility.

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Hedge Management Strategies for CFOs

Mon, Apr 20, 2020 @ 04:26 PM / by David Fellers posted in risk management, CEO perspective, hedging

When it comes to risk management, CFOs are invariably at the center of the action. This is especially true during a black-swan event such as the current global pandemic but even in normal times, CFOs must deal with identifying and mitigating risk every day.

Among the key tools that CFOs use in risk management are hedging strategies, particularly regarding foreign exchange (FX) rates and portfolio investments.  This blog provides an overview of hedging strategies, methods and technology tools that can help CFOs mitigate risks while optimizing returns.

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Webinar - Data Mastery and Integration in a Disparate Platform Environment

Fri, Apr 17, 2020 @ 08:45 AM / by David Fellers posted in S4HANA, SAP Central Finance

SAP Central Finance (CFIN) can help streamline your S/4HANA journey by providing an efficient and agnostic platform for integrating visibility and financial reporting across diverse ERP landscapes.  

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ASU 2019-02 Enables Media Companies to Improve Accounting Alignment for TV Shows and Streaming Content

Fri, Apr 10, 2020 @ 06:35 AM / by David Fellers posted in CEO perspective, Thought Leadership, ASU 2019-02

In March 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2019-02, Entertainment—Films—Other Assets—Film Costs (Subtopic 926-20) and Entertainment—Broadcasters—Intangibles— Goodwill and Other (Subtopic 920-350): Improvements to Accounting for Costs of Films and License Agreements for Program Materials.

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New eBook: How to Create a Treasury Environment  that is Integrated, Optimized  and Future Proof Download Now
Download eBook - Transitioning to ASC 842: Why Robust Analytical Reporting Tools will be a must for all Entities

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