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Three Reasons You Should Revisit Your RevRec Approach Now

Wed, Oct 6, 2021 @ 07:14 AM / by David Fellers posted in S/4 HANA Cloud, CEO perspective, S/4HANA, Thought Leadership, SAPCLM, Automated Revenue Management

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.

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Webinar- Cloud Based Revenue Accounting with Automated Revenue Management Solutions from SAP

Fri, Sep 10, 2021 @ 02:23 AM / by John Froelich posted in SAP Revenue Accounting and Reporting, s4/hana cloud, Financial Innovation, Automated Revenue Management

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.

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Webinar- Strategies for Automating Revenue Management for the Digital Solutions Economy (DSE)

Wed, Aug 11, 2021 @ 04:37 AM / by John Froelich posted in SAP Revenue Accounting and Reporting, Automated Revenue Management, Digital Solutions Economy, DSE, ARM

The Digital Solutions Economy is radically changing how Revenue Accounting solutions need to integrate with commerce, solution creation, billing and fulfillment, especially with the increasing velocity and complexity of customer driven business models while still needing to comply with ASC 606 and IFRS 15. 

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Automated Revenue Management – Going from Compliance to Optimization and Transformation

Wed, Jul 7, 2021 @ 10:54 AM / by David Fellers posted in SAP RAR, CEO perspective, Thought Leadership, Automated Revenue Management

Have you realized that there is a great opportunity hidden inside your revenue recognition compliance process?

In this new blog post, we are widening the view to look beyond compliance and explore how companies can leverage end-to-end Automated Revenue Management capabilities to Comply, Optimize and Transform™ their enterprise-wide revenue processes.

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