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?

Watch our recently recorded webinar to find out how!

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.

Bramasol’s CEO and Vice President of Marketing and Strategy Shed Light on the Flexibility and Effectiveness of the Comply, Optimize, Transform Framework.

Discover the power of SAP for Lessors through the convergence of Revenue Recognition and Lease Accounting.  Is a lease out a Revenue Accounting or Lease Accounting Challenge - it is both! And only SAP and Bramasol can bring you an integrated solution that brings together both of these areas in a seamless way. 

The implementation of new Revenue Recognition standards, ASC 606 and IFRS 15, has been a major compliance undertaking for nearly all companies throughout the globe over the past six years.