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.

If You're Using BRIM without RAR, You're Not Seeing the Full Picture!

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)!

As leasing arrangements continue to become more diverse and entail complex cross-integration requirements for managing leases within bundled Digital Solutions Economy offerings, it is increasingly important for lessor companies to have a comprehensive understanding of the compliance issues both for lessor accounting under ASC 842 and revenue recognition under ASC 606.

As we near the end of yet another tumultuous year and acknowledge that even the best predictions do not always align with how reality unfolds, it is still a good opportunity to look ahead at some of the key trends that are most likely to have big impacts on 2022.

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

As discussed in previous blog posts, the 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 also rapidly making inroads into B2B scenarios as well.

This new installment in our on-going DSE series focuses on the overarching issues regarding how DSE is radically changing the nature of data flows that must be handled while at the same time driving up the importance of real-time responsiveness.

These impacts on data levels and flows can be grouped into four key dimensions of Volume, Velocity, Density, and Complexity.