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Leveraging a RACI model to Support the Delivery of your SAP Project

Sun, Jul 7, 2019 @ 01:03 PM / by Bill Marson posted in project management

One of the critical success factors of any SAP project is having clear definition around the roles and responsibilities for each project participant and key stakeholder. Regardless of how thorough and detailed a project plan may be, misunderstanding of team member roles and responsibilities is bound to cause significant issues.

A basic and effective practical approach to remedy this common problem is to define and document project roles and responsibilities via a RACI model. Integrating the RACI model into your projects deployment approach creates a powerful combination that boosts and expands project results. Further, incorporating a RACI model in your SAP services Statements of Work (SoW) can help support compliance with implementation partner contractual boundaries.     

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eBook- Overview of IFRS 9 and the New Impairment Model

Fri, Jul 5, 2019 @ 05:20 AM / by Bramasol Treasury Management Team posted in SAP, Accounting, Treasury Management

A IFRS 9 Financial Instruments is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement. The Standard includes requirements for recognition and measurement, impairment, derecognition and general hedge accounting.

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When it comes to S/4 HANA - Using a Fit-to-Standard Approach Enables a Fit-for-Innovation Mentality

Wed, Jun 26, 2019 @ 04:58 AM / by David Fellers posted in CFO, Financial Innovation, S4HANA, Thought Leadership

Most companies are continuously dealing with pressures to keep up with changes in their external marketplaces, competitive landscapes, customer needs, and investor expectations. These external issues are also driving internal pressures to improve efficiency, productivity, agility, security and enterprise-wide alignment and integration.

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Webinar Video - Innovation Accounting and S4/HANA New Apps for Finance Management

Mon, Jun 10, 2019 @ 09:28 AM / by Bramasol Financial Transformation Team posted in CFO, SAP, financial transformation, Financial Innovation

Join us for a truly unique perspective on innovations in accounting and machine learning from SAP and Bramasol. In this webinar learn about the latest accounting innovations from SAP from Birgit Starmanns. focusing on helping you spend more time on analysis and less on repetitive tasks.

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Webinar Video Treasury - Cash Management. How many accounts are too many? Do you know where your cash is?

Thu, Jun 6, 2019 @ 04:59 AM / by Bramasol Treasury Management Team posted in SAP, Treasury Management, cash management

Gain insights from leading experts on the latest trends in Cash Management and what best in class companies are doing to more effectively manage their cash. With over 20 years of hands on experience and leadership in the area of Treasury, our team shares a framework for approaching your cash management transformation.

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Machine Learning Opens Key Gateway for Jump-starting Finance Optimization

Thu, May 30, 2019 @ 08:04 AM / by David Fellers posted in CEO perspective, Machine Learning

At the recent SAPPHIRE NOW and ASUG Annual Conference, Bramasol presented our Comply, Optimize, Transform™ finance innovation approach, which is designed to build on the things that you “have to do” such as Compliance with accounting standards and using those changes to drive Optimization of related business processes. Ultimately, the goal is to leverage the journey through compliance and optimization to achieve Finance Transformation.

In this blog, we are taking a closer look at Machine Learning, which is one of the most important new tools for taking that first step from Compliance to Optimization, while also establishing capabilities to build from for moving from Optimization toward Transformation.

As companies face exponentially growing amounts of data that can overwhelm individuals decision-making ability, the emergence of Machine Learning provides an powerful new method for helping people improve decision-making bandwidth, responsiveness, accuracy and consistency of results.

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Webinar- You have Complied with ASC 606, So Now How Can You Automate Revenue Recognition?

Thu, May 23, 2019 @ 02:56 AM / by Bramasol RevRec Team posted in webinar, revenue recognition, revrec, ASC606, IFRS15, Automation

In your Comply, Optimize, Transform™ journey, one of the most important steps is that initial move from basic compliance requirements to the automation of related processes for better integration and productivity.

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Bramasol at SAPPHIRENOW ASUG2019

Wed, May 8, 2019 @ 04:48 AM / by Bramasol posted in SAPPHIRE 2019, SAPPHIRENOW, ASUG2019

Day 3 - Thursday; May 9, 2019

All great things must come to an end! SAPPHIRE 2019 confirms that it was the most innovative cloud and business technology conference which featured game-changing technologies that enabled the attendees to meet their future and be a part of it.

This week 30,000 visitors from more than 100 countries rushed to Orlando to be a part of SAPPHIRE NOW, SAP's 3-day celebration of business and innovation. The last day have been brimming with staggering introductions and workshops from SAP employees, partners and clients. Bramasol had a lot of fun discussing compliance to optimization journey with finance leaders.

What's more, obviously, Lady Gaga gave a show-ceasing performance for SAPPHIRE NOW participants. It's only one of the "million reasons" why the 2019 SAPPHIRENOW rocks.

Expecting lot more fun next year.We will see you then! 

Day 2 - Wednesday; May 8, 2019

The morning started off with another great SAP Keynote, this time featuring SAP co-founder and chairman of the SAP Supervisory Board, shares details of how SAP is delivering the intelligent enterprise for customers using S/4HANA and cloud Analytics. Supporting his statement were great talks from Gerrit Kazmaier, Senior Vice president of SAP HANA & Analytics and Jerrit Smith one of the founders of Qualtrics. Expert guests shared the latest SAP solutions and technology innovations, and reveal how Experience Management and in-memory technology enhance the Intelligent Enterprise.  

Our morning Leasing Demo proves that there is still great interest in the topic of Leasing and compliance with ASC 842 and IFRS 16.

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Bramasol Debuts "Insights to Action" Podcast Series

Thu, May 2, 2019 @ 07:44 AM / by David Fellers

Bramasol is pleased to announce the release of Bramasol's Insights to Action podcast library of topics covering Regulatory Compliance, Reporting, Disclosures, Financial Management and Financial Transformation technologies.

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Data Visualization is Key to Seeing and Understanding the Full Picture

Tue, Apr 30, 2019 @ 02:47 PM / by David Fellers posted in CEO perspective, data visualization

In previous blog posts, we’ve looked at several key issues facing companies and particularly finance leaders in the Office of the CFO, by covering topics such as Building Finance Innovation on a strong Compliance Foundation, Changing Roles and Responsibilities for the Office of the CFO, The Shift Toward Predictive Accounting, and Analytics is the New Face of Financial Transformation.

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