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.

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. 

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.