Previously in this blog series, we have discussed the impacts of the Digital Solutions Economy™ (DSE) on the software and SaaS sector. This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings.
Learn how SAP Event Based Revenue Recognition (EBRR) in the SAP Public Cloud can enhance revenue management and ensure compliance for subscription-based offerings, thus enabling businesses to streamline and optimize their processes.
Over the past eight years, many episodes in this blog series have focused on revenue recognition and how SAP solutions such as Revenue Accounting and Reporting (RAR) have provided a robust foundation for compliance with ASC 606 and IFRS 15. The evolution of SAP RAR and overall Automated Revenue Management (ARM) capabilities has unfolded along multiple paths to support existing users while also establishing a forward roadmap to some signficant new capabilities in SAP Public Cloud deployments.