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Webinar: Kick Your Tired Old ERP Out of the Slow Lane and Accelerate into the Future with Bramasol’s 90-Day Pre-Packaged Solution in SAP Cloud!

Fri, Nov 8, 2024 @ 02:27 AM / by Bramasol posted in cloud, SAP cloud-based, webinar, SAP, SAP RAR, s4/hana cloud, ASC606, IFRS15, S/4HANA, AI, Compliance, public cloud

SAP Cloud Public Edition has emerged as a leading solution for bringing together ERP, finance, and a wide range of line-of-business capabilities for companies of all sizes and across many industries. Designed around clean core technology, SAP Cloud combines fit-to-standard reliability and maintainability, along with built-in extensibility to seamlessly add unique capabilities where you need them.

For companies with current or planned subscription-based offerings, Bramasol has built a sleek Partner Packed Solution (PPS) that can get any mid-sized or large company up and running with an end-to-end, Quote-to-Cash-to-Compliance infrastructure tojumpstartyour SAP Cloud journey.  If you fell for the myth that SAP Cloud is “too complex or expensive” let us show you how to get a complete implementation of core functionality along with Solution Order Management, Subscription Billing, and Revenue Recognition and Reporting – all in less than 90 days at an attractive budget level!

If you’d like to be pleasantly surprised about how easy it is to launch your SAP Cloud journey, join Bramasol and SAP experts for this webinar.  Don’t miss this on-ramp to your success with the leading cloud solution Watch Now!

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Webinar: Optimizing Fit-to-Standard with SAP Cloud Solutions, Clean Core and More

Wed, Oct 9, 2024 @ 04:04 AM / by Bramasol posted in cloud, SAP cloud-based, webinar, SAP, SAP RAR, s4/hana cloud, ASC606, IFRS15, S/4HANA, AI, Compliance, public cloud

When it comes to implementing ERPs and business systems, Fit-to-Standard vs Fit-to-Custom has always posed an important challenge for companies. Leaning toward custom code can provide uniquely tailored processes but can also lead to “digital debt” in terms of systems that are expensive to maintain and update.
On the other hand, Fit-to-Standard has often been viewed as not being sufficiently responsive for tailoring process to meet a company’s specific needs.  As a result of SAP’s strategic move to primarily cloud-based implementations, along with a plethora of tools to manage a clean core with options for implementing variations, the differences between standard and custom have become much easier to navigate.

In this new webinar, experts from SAP and Bramasol provided an overview of SAP Cloud Public Edition & Private Edition, Clean Core, GROW and RISE with SAP, Universal RevRec, and specific Partner-Packaged Solutions – along with various drilldown use cases that demonstrate how you can have the best of both worlds with cost-effective and scalable systems that are both standardized and adaptable for specific requirements.

Whether you are currently using SAP Solution or struggling with other ERP software that has maxed out on limited capabilities, this is a must-watch webinar to discover a new path forward. Watch Now!

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Webinar: SAP Universal RevRec with SAP Development and Bramasol

Thu, Sep 5, 2024 @ 03:36 AM / by Bramasol posted in SAP cloud-based, webinar, SAP, SAP RAR, ASC606, IFRS15, S/4HANA, AI, Compliance, public cloud

The latest innovation in revenue accounting is here – SAP Universal Revenue Recognition (RevRec) – and it's changing the game for businesses looking to streamline their financial processes. This powerful, cloud-based solution provides an adaptable and scalable platform, perfect for meeting your evolving revenue recognition needs.

Watch our webinar featuring SAP's Product Team from Walldorf and the experts at Bramasol as they are unveiling the cutting-edge capabilities of SAP Universal RevRec. Discover how this solution delivers real-time revenue recognition, contract-based RevRec with multiple performance obligation (POB) types, as well as comprehensive cost and project tracking.

Don't miss out on this opportunity to learn how SAP Universal RevRec can revolutionize your financial operations!

What You Will Learn:

  • Real-time revenue recognition for improved financial visibility
  • Contract-based RevRec with flexibility for allocations and multiple POBs
  • Seamless cost and project tracking, all within a public cloud-based solution. 

Register Now!

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eBook- Standalone Selling Price (SSP) One Size Does Not Fit All

Sun, Mar 6, 2022 @ 03:12 AM / by John Froelich posted in Revenue Recognition, ASC606, Standalone Selling Price, SSL, Five Step Model

The new ASC 606 revenue recognition standard was adopted by most companies within the last three years with public companies adopting first and then followed later by private companies. A core concept in the new revenue recognition approach is the Five-Step model for identifying contracts, performance obligations, transaction prices, allocations, and timing for revenue recognition.

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Webinar Video - Technical Accounting Tips for Optimizing Disclosures and Reporting for ASC 606 and 842

Mon, Sep 9, 2019 @ 06:32 AM / by Bramasol Compliance Team posted in Leasing, revrec, ASC606, ASC842, Compliance

According to the Big 4, over 50% of companies experienced a delay in compliance with ASC 606 and 842 due to accounting issues. Those same companies struggled to produce their disclosures and reporting. Underlying this are the technical accounting expertise and disciplines needed for success.

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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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According to Compliance Week, RevRec Still Has a Ways to Go

Tue, Oct 16, 2018 @ 10:02 AM / by Bramasol RevRec Team posted in Revenue Recognition, revrec hot-tips, ASC606, Hot Tips

A recent article in Compliance Week paints a different picture from people who think that adoption of Revenue Recognition per ASC 606 is behind us.  Even though the new standard took effect on January 1, 2018, the issue of compliance as seen by auditors and the SEC is now just ramping up.

Public companies on calendar year accounting have now completed two quarterly filings under the new standards but the first year-end filing under the new standard is still some months away.

Some highlights from the article include:

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Webinar Video : SD RevRec is Dead.  Now What? Join Us to Find Out.

Tue, Sep 4, 2018 @ 07:56 AM / by Bramasol RevRec Team posted in Revenue Recognition, revrec hot-tips, ASC606, IFRS15

With the deadline for implementing ASC 606 and IFRS 15 now behind us for most public companies, a lot of CFOs and accounting staff have breathed a sigh of relief. 

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Watch how Bramasol played a vital role in hard transition from ASC605 to IFRS 15  for a Pioneer in electronic and design automation company

Thu, Aug 16, 2018 @ 06:01 AM / by Bramasol RevRec Team posted in Revenue Recognition, SAP Revenue Accounting and Reporting, Customer Story, ASC606, IFRS15

A pioneer in electronic design and automation and with a presence in more than seven countries, our featured customer offers bundles of hardware, software, support & training to industrial customers. The Company was running ECC 6.0 with SD Revenue Recognition and was in the process of implementing SAP RAR 1.3 to support a mandated transition to IFRS 15. The project delivers a "hard" transition from ASC605 to IFRS 15, running RAR 1.3 SP02 for ten company codes around the world. The deployment includes a migration of 26000 in-flight contracts.

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Download eBook - Transitioning to ASC 842: Why Robust Analytical Reporting Tools will be a must for all Entities

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