This important issue was previously explored last year in Are You Ready for "Carbon Accounting" Compliance? and also identified as one the Five Key Trends to Watch in 2022. A subsequent blog post specifically addressed How Can Carbon Accounting Impact the Value of M&A Deals?
Join our Ask The Experts session for a focused half-hour discussion on how the combination of BRIM and RAR enable efficient integration of order-to-cash end-to-end processes for deploying robust customer personalized solutions.
The new ASC 606 revenue recognition standard was adopted by most companies within the last three years with public companies adopting first and then followed later by private companies. A core concept in the new revenue recognition approach is the Five-Step model for identifying contracts, performance obligations, transaction prices, allocations, and timing for revenue recognition.
This episode in Bramasol's continuing series on the Digital Solutions Economy™ focuses on the business model called Anything-as-a-Service (XaaS), which is also sometimes referred to as Everything-as-a-Service. As discussed below, the next wave of XaaS will have benefits for both end customers and companies providing products and services.
Discover how SAP Billing and Revenue Innovation Management (BRIM) with integration into SAP Revenue Accounting and Reporting (RAR) is helping subscription-based businesses Comply, Optimize and Transform their end-to-end, order-to-cash processes.
Watch our exclusive webinar, where Bramasol and SAP experts will show how to take advantage of RAR’s new Optimized Contract Management (OCM) solution that makes use of dedicated SAP S/4HANA capabilities. such as improved UI/UX and integration with BRIM. We will also cover OCM’s performance optimization and real-time capabilities as well as other specific features such as day-based contract modifications.
Carbon Accounting was previously identified as one of the Five Key Trends to Watch in 2022, and the compliance implications were explored in this blog post Are You Ready for "Carbon Accounting" Compliance?
This update provides a focused look on how Carbon Accounting and overall Environmental, Social and Governance (ESG) practices can significantly impact companies on both sides of Merger and Acquisition (M&A) deals. See the Microsoft and Activision example below.
As discussed in previous blog posts, The Digital Solutions Economy™ (DSE) is radically disrupting business models across many industries. These new engagement scenarios give customers more choices, with offerings like subscriptions, usage-based billing, entitlements, bundling of products with services, and other multi-faceted relationships.
As companies move into the new year, The Digital Solutions Economy™ (DSE) is continuing to disrupt conventional customer engagement business models by shifting away from one-off sales transactions and toward subscriptions, bundling and multi-faceted relationships. DSE is already transforming many B2C markets and is rapidly making inroads into B2B scenarios as well.
Within the SAP ecosystem, many companies like yours are already turning to Billing and Revenue Innovation Management (BRIM) to handle order-to-cash processes. However, as SAP's Roshni Frisch points out in this podcast, companies hit a point in these projects where they ask "oh, how am I going to do my revenue recognition for this?"
The best approach to optimize BRIM integration for flexibility, compliance and disclosure reporting is to use SAP Revenue Accounting and Reporting (RAR)!
