Companies that offer products and services to consumers are currently grappling with multiple tidal waves of disruption across virtually all industry segments.
You can have a single, integrated solution for Lessor Accounting from SAP. Watch now the webinar as Bramasol shows you how we can bring together two of the most powerful solutions for revenue and lease accounting SAP RAR and CLM to deliver a comprehensive, scalable and integrated solution managing both your Operating and Sales Type leases all in one place.
Treasury is one of the most important aspects within the Office of the CFO and is a critical factor for success in every company. However, treasury functions are not always unified and integrated. In too many companies, the evolution of disparate applications for cash, banking, risk management and other key treasury missions has created a patchwork of legacy systems that can stifle productivity and increase risks.
If you complied with ASC 606 and think you are done, think again. Many of the clients we speak with have complied with the standards without integrating SAP Project Systems and SAP RAR and are now realizing how much manual effort and heavy lifting was needed.
Over recent years, companies have focused significant time and effort to comply with revenue recognition standards ASC 606 and IFRS 15. In previous blog posts, we’ve drilled down and looked at various aspects of RevRec compliance including the importance of Optimization and Integration, options for deploying SAP RAR in the Cloud, and leveraging Analytics for Disclosure Reporting.
If you are using SAP RAR, did you know that RAR can manage your commissions accounting process as well?
Lower costs and increase security and flexibility all at the same time? Yes, it can be done!
Bramasol’s expert team shared how we can help you lower bank fees, compensating balances and transaction fees, while increasing the security and flexibility of you banking infrastructure on the webinar recorded on January 21st, 2021. Watch now!
In today’s globally competitive environment, companies need to take a strategic approach to how they manage financial processes while engaging with both suppliers and customers across a range of different countries, regions, and markets. This will require a higher level of seamless integration between the Office of the CFO and various frontline manufacturing, logistics and supply chain functions.
As we move into 2021, companies are finalizing their plans, budgets and operational improvement processes for the coming year. One of the key challenges that many organizations face is how best to optimize and integrate their ASC 842 / IFRS 16 compliance within their overall business systems.
