SAP Revenue Accounting and Reporting (RAR) provides market leading capabilities within the overall Automated Revenue Management portfolio of solutions, which are available in the SAP S/4HANA enabled Intelligent Enterprise.
Webinar- Update on the Latest Features in SAP Revenue Accounting and Reporting (RAR) to Help Optimize RevRec in 2023
Although the initial compliance phase for ASC 606 and IFRS 15 revenue recognition mandates is in the rear-view mirror for most companies, it's important to also keep a focus on the road ahead because optimization of overall RevRec processes across the enterprise will be key to ongoing success.
Within the scope of a comprehensive Comply, Optimize, Transform™ journey, company decision makers need to understand the importance of integrating RevRec within the ever-changing enterprise-wide landscape of management processes. This blog post provides an overview of how the latest enhancements within the SAP ecosystem can provide a useful roadmap for the next steps toward optimization and ultimately transformation.
From the inception of new revenue recognition standards (ASC 606 and IRFS 15), Bramasol has been at the forefront of helping companies Comply, Optimize and Transform™ their revenue accounting, analysis, and reporting processes, along with holistic cross-integration with other enterprise-wide financial processes.
As the leading provider of SAP solutions such as Revenue Accounting and Reporting (RAR) and co-innovator in the SAP Automated Revenue Management arena, Bramasol has completed more successful RAR implementations than anyone. We've also developed intellectual property enhancements around disclosure reporting and most recently we've led the way by integrating RevRec within the overall Digital Solutions Economy.
Along the way, we have hosted over 100 webinars on RevRec and other topics of importance to the Office of the CFO.
Today's Hot-Tip news is that Bramasol is opening up our treasure trove of archived webinar videos for on-demand public viewing! And we've curated them into targeted playlists by topic!
Webinar- Free Up Cash, Lower Costs and Prepare for the Digital Solutions Economy with SAP In-house Banking
As more companies and industries adopt subscription-based business models in the Digital Solutions Economy (DSE), they face new challenges in managing cash, cash flow and banking. And, as the volume and velocity of transactions increases exponentially, your cash application and cash management solutions must keep up.
Ask the experts- Leveraging SAP BRIM to create highly integrated models for consumption/usage-based scenarios
While leading edge companies are moving to subscription models, leading edge innovators are keep ahead with consumption and usage based models. The need for flexible plans without pre-defined spending levels demands a solution that is purpose built to handle the complexity, uncertainty, and volume of transactions. SAP BRIM provides a portfolio of integrated solutions that can be deployed individually or in a holistic approach. Regardless of which revenue generating model your company wants to apply, BRIM along with related SAP finance and compliance applications help optimize and consolidate business processes for sales, delivery, and billing.
Discover how SAP Billing and Revenue Innovation Management (BRIM) with integration into SAP Revenue Accounting and Reporting (RAR) is helping subscription-based businesses Comply, Optimize and Transform their end-to-end, order-to-cash processes.
Watch our exclusive webinar, where Bramasol and SAP experts will show how to take advantage of RAR’s new Optimized Contract Management (OCM) solution that makes use of dedicated SAP S/4HANA capabilities. such as improved UI/UX and integration with BRIM. We will also cover OCM’s performance optimization and real-time capabilities as well as other specific features such as day-based contract modifications.
As we near the end of yet another tumultuous year and acknowledge that even the best predictions do not always align with how reality unfolds, it is still a good opportunity to look ahead at some of the key trends that are most likely to have big impacts on 2022.
From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.
Did you hope that the whole Revenue Recognition change process was really behind you? Most companies have already spent significant time, effort and resources to comply with ASC 606 / IFRS 15 accounting requirements in one way or another. It's natural to yearn for closure and move on to other issues.
But there are some very compelling reasons why you should revisit your RevRec processes, with an eye toward the future and within the context of the Comply, Optimize, Transform™ paradigm.
Let's take a look at three major areas of opportunity for leveraging RevRec as a key driver for improving your overall business processes, productivity and agility going forward.
Everyone is moving to the cloud and so is RevRec! Cloud based Automated Revenue Management can help you comply, optimize and transform your revenue accounting across a full spectrum of application scenarios, especially recurring revenue models.