Revenue Recognition changes are coming quickly and many companies have already begun to evaluate what compliance with the new standards means to them. Some companies still have to evaluate the impact…to those companies I say the time is now. The new Revenue Recognition guidelines take effect January 1, 2018 and the date is rapidly approaching.
Corporate finance professionals depend on tools and technologies for critical information they need to drive timely decisions and to anticipate emerging issues that could impact the business.
SAP has announced enhancements to the SAP® Revenue Accounting and Reporting application designed to help communications service providers (CSPs) simplify preparations for upcoming changes in International Financial Reporting Standards (IFRS).
It was great to see such a good turnout for the most recent Revenue Recognition Summit, which was held Nov 3 at the SAP office in downtown New York City.
Assess Operational Loads and Data Migration.
Read all of the RevRec Ready Hot Tips here.
As the leader in SAP Revenue Accounting and Reporting, Bramasol will be presenting at the upcoming EY/SAP Revenue Recognition Summits Series. The EY/SAP Summits focus on how we’re working together to help educate companies about the impact of the new standard on systems and processes.
Not quite ready for a full blown project? Try a Proof of Concept.
Choose one or two key scenarios and work with a partner like Bramasol to implement them.
You will learn a lot about your partner, your business and what it will take to implement fully.
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Often the failure to get started and inability to lay out a well-structured path to success results from buying into the dangerous misconceptions that we call the “Seven Myths of Revenue Recognition”.
Learn about these myths and how to avoid being hurt by them.
