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Webinar Video- Use Machine Learning to Automate Accounting

Mon, Mar 11, 2019 @ 06:47 AM / by Bramasol Treasury Management Team posted in cloud, S/4HANA, Accounting, Treasury Management

Learn to take advantage of SAP Leonardo machine learning to automate your cash application using SAP Cash Application. Explore how to leverage SAP S/4HANA and send incoming payment and open invoice information to a matching engine built using the SAP Cloud Platform. Open invoices are matched against incoming payments and either automatically cleared or a proposed clearing is made and ready for review. The more SAP Cash Application is used, the more clearing is automated.

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Webinar Video- Creating the Foundation for Finance Transformation: Data Strategies from BackOffice and Bramasol

Tue, Feb 19, 2019 @ 07:49 AM / by Bramasol Financial Transformation Team posted in analytics, webinar, financial transformation, FinancialTransformation-Hot-Tips

Recent Studies from the Big Four show that data integrity and security are top concerns for CFOs embarking on Finance Transformation projects.

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Webinar Video- Compliance Activities within the Treasury Function

Wed, Feb 13, 2019 @ 04:09 AM / by Bramasol Treasury Management Team posted in webinar, Accounting, Compliance, Treasury Management

Compliance is critical to treasury, and having a compliance-oriented mindset in the leadership of the treasury organization is especially important. Treasury departments handle a very substantial portion of the balance sheet. They’re managing the liquidity of the company, dealing with business units in many countries around the world.

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Special Event: Executive Round Table in Atlanta GA on Feb 21, 2019

Mon, Jan 21, 2019 @ 03:24 PM / by Bramasol Financial Transformation Team posted in financial transformation, FinancialTransformation-Hot-Tips, SAP Events

Special Event at College Football Hall of Fame
Atlanta Executive Round-Table

As we’re entering a new era of digital transformation, and forward-thinking businesses are working on strategies focused on how to move faster, be more responsive, less manual, and more transparent, companies need a plan that can help them succeed in this journey.

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Webinar Video- Are your ASC 842 Disclosures Validated? Your Auditors Will Require Proof

Wed, Jan 16, 2019 @ 07:17 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, Disclosure Reoprting

Just as you’ve been preparing to become compliant, audit firms have been preparing as well; determining what and how to verify and validate your disclosures.  Bramasol determined that the best way for you to prove the accuracy of the data in your disclosures was to develop not only drill-through Disclosure Reports but also drill-through Validation reports. Your proof is in the details.

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Analytics is the New Face of Financial Transformation

Thu, Jan 10, 2019 @ 05:38 AM / by David Fellers posted in FinancialTransformation-Hot-Tips, CEO perspective, Thought Leadership

People are hard-wired to recognize and interpret faces with amazing speed, accuracy and attention to detail. Even as infants we quickly learn to know our own parents’ faces and to differentiate them from strangers’ faces. Throughout life, the ability to automatically pick up on subtle facial cues and to “read” the meaning behind them are critical factors for streamlining complex social interactions and enabling rapid decisions such as friend vs. foe, and cooperation vs. opposition.

Imagine if you met someone without a face. How would you even begin to interact with them?

Well, that’s how most CFOs and other C-level executives feel when they hear the term “Financial Transformation” without a way to clearly visualize what it means.

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Webinar Video -What's New in SAP RAR FP07?

Wed, Jan 9, 2019 @ 05:26 AM / by Bramasol RevRec Team posted in SAP Revenue Accounting and Reporting, revrec

Watch the webinar by experts from Bramasol and SAP recorded on Jan 24, 2019 to learn about the exciting new features in SAP Revenue Accounting and Reporting (RAR), release FP07.  A major achievement in FP07 is seamless parity with existing features in SD RevRec, which opens a cost-effective path for companies to transition their Revenue Recognition processes into a more sustainable forward path.

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They Said ASC 842 Compliance Was Easy, But Was It Really?

Mon, Jan 7, 2019 @ 08:51 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, SAPLeaseAdmin

They promised that a standalone solution would work as well as any integrated solution and that integration and data management/migration were easy. And, that reporting is a snap. But is it really?

As the leading experts in SAP Leasing Solutions for ASC842 and IFRS 16, we know what works. Integration can be hard. Data validation is required far more than you expected and reporting is anything but a snap, especially if you need data from your ERP as well as your leasing solution. 

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Happy New Year 2019 from Bramasol

Thu, Dec 27, 2018 @ 05:19 AM / by Bramasol posted in Bramasol, Customer Story, Hot Tips, HappyNewYear2019

Bramasol would like to wish all our employees, customers, partners, and blog readers a Happy New Year 2019. We are thankful for your trust, loyalty and the valuable partnership we shared in the past year! It’s a pleasure to work with you all and to create value for our clients all over the world.

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New Leasing eBook- Tips and Strategies for Estimating the Lease Term

Fri, Dec 7, 2018 @ 07:55 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, ASC 842, Hot Tips

In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 ( “ASC 842”), Leases, which provides new guidelines that change the accounting for leasing arrangements.

The new leasing standard becomes effective in fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, for:
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New eBook: S/4HANA is the Future: Understanding Why and How to Get There Download Now
Download eBook - Transitioning to ASC 842: Why Robust Analytical Reporting Tools will be a must for all Entities

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