bramasol-blog-hmepage-banner-2

 

David Fellers

Find me on:

Recent Posts

Join Bramasol and SAP at Upcoming Finance Events

Tue, Aug 27, 2019 @ 04:35 PM / by David Fellers posted in CEO perspective

As we move into Fall, there are a number of important events coming up for CFOs and other finance leaders, where you'll get a chance to network with colleagues and talk with experts in creating and implementing solutions for treasury, compliance, disclosure reporting and other related finance management issues.  Bramasol is proud to be a participant and in some cases an enabling sponsor for the following key conferences.  Please plan to join us.

Read More

Choosing Treasury Solutions for Sustained Success: Understanding the Trade-offs of Standalone vs Integrated Approaches

Thu, Aug 8, 2019 @ 04:55 PM / by David Fellers posted in CEO perspective, Thought Leadership, Treasury Management

Treasury functions are not easily isolated from the rest of operational applications that are typically spread throughout an organization – nor should they be.  In fact, almost all treasury processes can benefit greatly from becoming more integrated with other business processes. 

However, all too often, companies are enticed by the promises of standalone treasury and risk management applications that claim to be inter-operable but fall short of providing true seamless integration with core ERP business and finance applications.

The strategic importance of treasury has been increasing steadily in recent years, thereby leading to a proliferation of new capabilities from both standalone application vendors and broad-based ERP/finance systems providers.

Companies are also coming under more pressure from shareholders and regulators to increase their transparency and improve financial performance. These expectations are leading to significant changes to the treasury functions as activities are increasingly being centralized. 

At the same time, most companies are experiencing more complexity with regard to changing compliance requirements, diverse global operations, regional and local regulatory mandates, international trade and foreign currency issues, geographically diverse banking relationships and escalating risk factors in the financial arena.

So, the key question that now arises is “what is the best approach for both today and for tomorrow?”

Read More

Stuck in an ASC 842 Dead-end? Convert to the Fast-track with CLM

Tue, Jul 16, 2019 @ 08:47 AM / by David Fellers posted in SAPLeaseAdmin, Thought Leadership, CLM

As public companies have worked over the past two years to comply with new ASC 842 and IFRS 16 leasing standards, they have taken a variety of paths to achieve the initial compliance requirements. Depending on each company’s specific requirements and the extent of their lease portfolios, their journey to compliance may have been comprehensive or might have taken a limited approach with a “path of least resistance” philosophy to minimize disruptions. 

However, those companies that took a limited approach using standalone solutions or spreadsheets are now discovering they’re stuck in a dead-end with regard to integrating and optimizing lease compliance within their overall business operations.

As the leading experts in SAP Leasing Solutions for ASC 842 and IFRS 16, we've seen it all and 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. 

Read More

Webinar Video- Cloud for Treasury

Mon, Jul 15, 2019 @ 07:30 AM / by David Fellers posted in cloud, Treasury Management

Imagine the power of an ERP based Treasury Solution combined with the scalability, flexibility and security of a cloud based solution. It is here! Join experts from SAP and Bramasol as we explore the latest features of the SAP Cloud for Treasury Solution.

Read More

When it comes to S/4 HANA - Using a Fit-to-Standard Approach Enables a Fit-for-Innovation Mentality

Wed, Jun 26, 2019 @ 04:58 AM / by David Fellers posted in CFO, Financial Innovation, S4HANA, Thought Leadership

Most companies are continuously dealing with pressures to keep up with changes in their external marketplaces, competitive landscapes, customer needs, and investor expectations. These external issues are also driving internal pressures to improve efficiency, productivity, agility, security and enterprise-wide alignment and integration.

Read More

Machine Learning Opens Key Gateway for Jump-starting Finance Optimization

Thu, May 30, 2019 @ 08:04 AM / by David Fellers posted in CEO perspective, Machine Learning

At the recent SAPPHIRE NOW and ASUG Annual Conference, Bramasol presented our Comply, Optimize, Transform™ finance innovation approach, which is designed to build on the things that you “have to do” such as Compliance with accounting standards and using those changes to drive Optimization of related business processes. Ultimately, the goal is to leverage the journey through compliance and optimization to achieve Finance Transformation.

In this blog, we are taking a closer look at Machine Learning, which is one of the most important new tools for taking that first step from Compliance to Optimization, while also establishing capabilities to build from for moving from Optimization toward Transformation.

As companies face exponentially growing amounts of data that can overwhelm individuals decision-making ability, the emergence of Machine Learning provides an powerful new method for helping people improve decision-making bandwidth, responsiveness, accuracy and consistency of results.

Read More

Bramasol Debuts "Insights to Action" Podcast Series

Thu, May 2, 2019 @ 07:44 AM / by David Fellers

Bramasol is pleased to announce the release of Bramasol's Insights to Action podcast library of topics covering Regulatory Compliance, Reporting, Disclosures, Financial Management and Financial Transformation technologies.

Read More

Data Visualization is Key to Seeing and Understanding the Full Picture

Tue, Apr 30, 2019 @ 02:47 PM / by David Fellers posted in CEO perspective, data visualization

In previous blog posts, we’ve looked at several key issues facing companies and particularly finance leaders in the Office of the CFO, by covering topics such as Building Finance Innovation on a strong Compliance Foundation, Changing Roles and Responsibilities for the Office of the CFO, The Shift Toward Predictive Accounting, and Analytics is the New Face of Financial Transformation.

Read More

Treasury Optimization Starts with a Global Approach to Cash Management

Tue, Apr 9, 2019 @ 04:12 PM / by David Fellers posted in CEO perspective, Treasury Management, cash management

Companies operating in today’s diverse global environments face unprecedented challenges with regard to managing capital assets, especially cash accounts that are distributed throughout multiple operating entities in different countries.  These challenges are exacerbated within companies that have grown via merger and acquisition (M&A) strategies, which often results in trying to manage cash accounts across a variety of legacy financial systems.

CFOs and treasury departments need to optimize their companies’ cash agility amidst volatile foreign currency exchange (FX) environments while also complying with constantly changing regulatory environments and escalating global competitive pressures.

At the same time, many companies are realizing that leveraging new treasury-focused technologies and best practices in cash management can provide valuable benefits in terms of improving operating results, maximizing asset utilization and enhancing their ability to quickly respond to new opportunities.

Instituting strong enterprise-wide cash management is also saving valuable time and resources, thereby enabling finance staff to better contribute to high-value activities such as analysis, planning and decision support.

Read More

Join Bramasol at SAPPHIRE NOW and ASUG Annual Conference 2019

Wed, Apr 3, 2019 @ 07:29 AM / by David Fellers posted in SAPPHIRE 2019, ASUG Annual Conferance

Bramasol, an SAP gold partner, is pleased to participate again this year at SAPPHIRE NOW® and ASUG Annual Conference being held May 7-9 in Orlando, Florida.

Read More
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

Subscribe to Email Updates

Recent Posts