Bramasol, the leader in Revenue Recognition solutions, has announced a new, purpose-built product that reduces complexity and gives companies across a variety of industries a ready-to-deploy turnkey solution for disclosure reporting and compliance.
As part of Bramasol’s ongoing series on Financial Innovation, this eBook provides an in-depth look at how the SAP Cloud Analytics platform can be leveraged to provide flexible, integrated Cloud Planning processes across a wide range of enterprise functional areas.
Bramasol recently helped a $9B Tier One Automotive supplier with a customized Revenue Recognition solution to help them become IFRS 15 compliant and optimize their business processes to support them in their quest for continuous performance improvement. The customer has manufacturing facilities located around the world and is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles.
This recent article in Global Finance provides an excellent overview of challenges facing companies regarding compliance with new Lease Accounting standards, ASC 842 & IFRS 16, "Companies Brace to Put Leases on Balance Sheet".
High-Tech companies face a number of key challenges that can be addressed by Financial Transformation Initiatives.
The new Revenue Recognition standards deadline has arrived but the road to successful implementation, disclosure reporting and operational optimization continues throughout 2018.
As the January 2019 deadline for implementing new lease accounting standards (ASC 842 and IFRS 16) approaches, FASB has been addressing a number of issues that arise with regard to transitioning from current regulatory practices to the new standards.
