The Digital Solutions Economy is radically changing how Revenue Accounting solutions need to integrate with commerce, solution creation, billing and fulfillment, especially with the increasing velocity and complexity of customer driven business models while still needing to comply with ASC 606 and IFRS 15.
With the upcoming already extended deadline for the adoption of ASC 842, the new lease accounting standard in the US, many companies who have already adopted are struggling with managing the accounting under the new standard in spreadsheets or because they already chose a standalone software but are not happy with the results due to a lack of integration, causing reconciling issues or reporting inaccuracies.
Optimize Real Estate Management with Integrated SAP Lease Accounting Solutions - Get a Health Check to Learn How
For most companies, real estate represents one of the largest investment and expense categories on their balance sheets and P&L reports. Regardless of whether their real estate assets are owned or leased, effective management of the real estate portfolio is a key factor for managing bottom line results and achieving business goals.
The demands on corporate treasury departments are driving constant change. Requirements for increased accountability, better monitoring and improved performance means treasury leaders need to constantly upgrade their technical expertise, reduce costs and mitigate uncertainty. Treasurers also need to cope with the growing complexity of financial instruments, volatile financial markets and the introduction of new regulations and accounting practices.
It is with great pleasure that I am announcing Bramasol has achieved the major milestone of serving our clients for 25 years now!
Customers in the Digital Solutions Economy are demanding flexible ordering capabilities that allow them to bundle, price and order solutions and products their way. You need an intelligent platform that gives you the flexibility to meet their needs. With SAP's Intelligent Enterprise in S/4HANA you have a variety of solutions and we can help you sort through which ones make sense for you.
In this webinar we will explore several options including Solution Order Management (SOM), Variant Configuration (VC), SAP Configure, Price and Quote (CPQ) and SAP Sales and Distribution (SD). We will also discuss how you can use other non-SAP tools and integrate them to SAP S/4HANA.
If you are looking to build a customer order platform and need to know which options make sense for you, join our team of experts to learn more.Watch Now!
Webinar: Lessor Accounting and Automated Revenue Management (ARM) are Key for Supporting New Business Models
Lessor accounting, along with integrated revenue management, are becoming more critical with the adoption of the Digital Solutions Economy (DSE) by many companies. It is no longer a viable approach to try using standalone or offline lease accounting methods because the lack of integration with revenue and other accounting processes is too cumbersome to scale or adapt for new models.
Learn how to seamlessly execute full lessor accounting transactions including full accounting for sales type leasing, operating type leases and a decision tool that assists users with evaluating between the two types of leases.
Have you realized that there is a great opportunity hidden inside your revenue recognition compliance process?
In this new blog post, we are widening the view to look beyond compliance and explore how companies can leverage end-to-end Automated Revenue Management capabilities to Comply, Optimize and Transform™ their enterprise-wide revenue processes.
Last year and this year we've all been doing our fair share of binge watching as there's been plenty of content to keep us occupied.
As part of Bramasol’s Comply, Optimize, Transform™ approach for serving both the near-term and long-term goals of our clients, we deal with a wide range of targeted process improvements spanning many financial systems of importance to CFOs and company leadership.