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Executive Insights :

Advanced Analytics Provide the Keys to Compliance, Optimization and Transformation

Wed, Jun 20, 2018 @ 01:40 PM / by David Fellers posted in analytics, financial transformation, Thought Leadership

If you think of today’s businesses as being like complex organisms, then it becomes easier to understand the critical role of advanced analytics in monitoring organizational health and supporting growth. Just as your body’s nervous system, immune responses and circulatory network provide continuous sensory feedback to identify problems and maintain healthy functioning, your company’s analytics processes are critical for organizational adaptation and survival.

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Join us for RevRec - Analytics Webinar and Leasing - Data Challenge Webinar next week

Wed, Jun 20, 2018 @ 07:00 AM / by Bramasol Compliance Team posted in weinar

Disclosure and Analytics on SAP Analytics Cloud (Next Tuesday: June 26, 2018 - 10 AM PDT / 1 PM EDT)

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Seven Lessons Learned from Adopting RevRec Standards

Tue, Jun 19, 2018 @ 04:02 AM / by Bramasol Compliance Team posted in FinancialTransformation-Hot-Tips, Hot Tips

A recent article in Accounting Today provides an interesting look back at lessons learned during the adoption of new Revenue Recognition standards, along with analysis of the implications for similar upcoming projects, such as implementation of new Lease Accounting standards.

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Companies Need Holistic Approach to Lease Accounting Compliance

Tue, Jun 5, 2018 @ 03:36 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC842, IFRS16

A recent article in Accounting Today provides an excellent view of how companies in many industries are moving toward compliance with the new lease accounting standards, ASC 842 and IFRS 16.

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General Availability for New Version 4.0 of SAP Lease Administration by Nakisa

Tue, May 29, 2018 @ 07:29 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC842, SAPLeaseAdmin, IFRS16

Nakisa, Bramasol's partner for leasing solutions, has announced general availability of the new 4.0 version of Lease Administration by Nakisa.

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ASC 842: FASB provides an additional optional transition relief for companies

Tue, May 22, 2018 @ 03:19 AM / by Julio Dalla Costa posted in Leasing, FASB, Leasing-Hot-Tips, ASC842, SAPLeaseAdmin

On January 5th, 2018, the Financial Accounting Standards Board (FASB) proposed adding an optional transition method and another practical expedient for lessors to Accounting Standards Codification (ASC) 842, Leases, to reduce the cost and complexity of implementing the new standard.

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Data Drives Everything: Do you know where your data is and how to use it?

Wed, May 16, 2018 @ 04:33 AM / by David Fellers posted in data integration, s4/hana cloud, Thought Leadership

For the past forty years, companies have been building all their financial and business decisions around information contained in traditional data structures. Virtually all financial systems, no matter who has designed them, have been built around relational databases.  This brings the same set of issues and challenges to every single system.

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New Rapid Compliance Solution for Lease Accounting Standards ASC 842 and IFRS 16

Tue, May 15, 2018 @ 12:00 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC842, SAPLeaseAdmin, IFRS16, RLCS

Bramasol, the leader in compliance and finance innovation solutions, has announced a new, purpose-built product that reduces complexity and implementation costs, to give companies across a variety of industries a ready-to-deploy solution for lease accounting disclosure reporting and compliance.

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New Webinar Series: Demystifying the SAP Cloud Platform

Tue, May 8, 2018 @ 06:39 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, finance innovation, Hot Tips

A recent blog post by Bramasol CEO Dave Fellers posed this important question: "How does a company go about getting targeted cost-effective compliance in the near-term along with a transformative path forward to overall Finance Innovation?"

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