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Can Automation and AI make the Monthly Accounting Close Obsolete?

Tue, Nov 27, 2018 @ 04:00 AM / by Julio Dalla Costa posted in financial transformation, Thought Leadership, analytics, Automation, Accounting, cloud, S4HANA, AI, Compliance, Hot Tips, FinancialTransformation-Hot-Tips

Whether you’re a CFO or a financial controller, you know how much time and effort you and your team spend deep in concentration to get your monthly accounting figures to balance. Your accounts payable and accounts receivable work doesn’t get much attention unless things go wrong, but all the time you need to stay on top of your tasks to keep things running smoothly.

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The Shift Toward Predictive Accounting

Wed, Nov 7, 2018 @ 06:06 AM / by David Fellers posted in CEO perspective, predictive analytics, Thought Leadership, analytics

Accounting has traditionally been a backwards looking profession.  Let me be clear that I did not just call accountants backwards people, but in general their mandate has been to document, audit and verify what has already happened.

However, things are changing rapidly in the world of accounting.  As I covered in a recent blog post on The Changing Role of the CFO, there is a major shift toward broader and more forward-looking responsibilities within the Office of the CFO and the accounting profession in general. 

Some of the forces helping make these changes a reality are 

enterprise-wide integration of advanced analytics, unifying financial information in a single-source-of-truth, movement toward continuous-close processes and the rise of Machine Learning.

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New RevRec Analytics and Disclosure App Debuts at TechEd

Tue, Oct 2, 2018 @ 03:07 AM / by Bramasol RevRec Team posted in revenue recognition, analytics

Bramasol, the leader in compliance and finance innovation solutions, is pleased to introduce a new, purpose-built application, Analytics for Revenue Recognition Disclosure Reporting.  This application is being introduced at SAP TechEd in Las Vegas, NV on October 2, 2018 and will be available for purchase starting on October 6, 2018 through the SAP App Center.

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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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Hot-Tip: Cloud Analytics and S/4HANA are Driving Financial Transformation

Fri, Oct 13, 2017 @ 07:16 AM / by Bramasol Financial Transformation Team posted in financial transformation, analytics, FinancialTransformation-Hot-Tips

Financial Transformation is happening now, driven by new cloud-based technologies that bring together analytics, transactional data and best-of-breed applications within a unified Digital Core.

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Research Indicates that 70% of Sports Fans that "like or follow" Take Action

Mon, Oct 14, 2013 @ 07:59 AM / by Bryant Bonner posted in cloud, social media, analytics, sports and venue management, fan engagement

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KXEN Acquisition Deepens SAP Predictive Analytics and Widens to Business User

Wed, Oct 9, 2013 @ 06:25 AM / by Jennifer Cook posted in predictive analytics, predictive analysis, CRM, analytics, SAP BusinessObjects, big data, demo, KXEN

SAP doubled down on their recent foray into the predictive analytics space when they recently announced that they will acquire KXEN, a predictive analytics software vendor based in San Francisco. 

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Why Analytics is Viable and Affordable for Your Business

Thu, Aug 8, 2013 @ 12:53 PM / by Jennifer Cook posted in business intelligence, analytics

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Top Reasons for Rapid Midmarket BI Growth Potential

Tue, Aug 6, 2013 @ 01:38 PM / by Neeraj Dharia posted in business intelligence, analytics, CIO

Bramasol BI Growth

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Hot Tips for Business Planning and Forecasting Strategy

Tue, Jul 30, 2013 @ 02:35 PM / by Ron Martinez posted in analytics, SAP BusinessObjects, HANA, business planning and consolidation, forecasting

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