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Happy New Year 2019 from Bramasol

Thu, Dec 27, 2018 @ 05:19 AM / by Bramasol posted in Bramasol, Customer Story, Hot Tips, HappyNewYear2019

Bramasol would like to wish all our employees, customers, partners, and blog readers a Happy New Year 2019. We are thankful for your trust, loyalty and the valuable partnership we shared in the past year! It’s a pleasure to work with you all and to create value for our clients all over the world.

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New Leasing eBook- Tips and Strategies for Estimating the Lease Term

Fri, Dec 7, 2018 @ 07:55 AM / by Bramasol Leasing Administration Team posted in leasing, SAPLeaseAdmin, ASC 842, Hot Tips

In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02 ( “ASC 842”), Leases, which provides new guidelines that change the accounting for leasing arrangements.

The new leasing standard becomes effective in fiscal years beginning after December 15, 2018, including interim periods within those fiscal years, for:
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Webinar Video December 13, 2018: Learn How SAP Central Finance can cut through complexity

Mon, Dec 3, 2018 @ 08:46 AM / by Bramasol Financial Transformation Team posted in financial transformation, Thought Leadership, Hot Tips

Is your finance process complex? Is it all digitally connected? Are you looking for a path forward that doesn't require throwing out everything you have now?

Take a non-disruptive step towards system consolidation with SAP Central Finance, a holistic approach for finance organizations with heterogeneous system landscapes to get the most out of SAP S/4HANA.

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Can Automation and AI make the Monthly Accounting Close Obsolete?

Tue, Nov 27, 2018 @ 04:00 AM / by Julio Dalla Costa posted in cloud, analytics, financial transformation, FinancialTransformation-Hot-Tips, S4HANA, Thought Leadership, Hot Tips, Automation, Accounting, AI, Compliance

Whether you’re a CFO or a financial controller, you know how much time and effort you and your team spend deep in concentration to get your monthly accounting figures to balance. Your accounts payable and accounts receivable work doesn’t get much attention unless things go wrong, but all the time you need to stay on top of your tasks to keep things running smoothly.

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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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Celebrate AP Recognition Week by Learning How Concur and S/4HANA can Streamline Expense Management

Tue, Oct 9, 2018 @ 09:40 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, S/4HANA, Hot Tips

The Institute of Financial Operations sets aside a week every year to celebrate the dedication, drive, and accomplishments of Accounts Payable staff as key financial operations professionals.

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New S/4HANA version 1809 Released to General Availability

Tue, Sep 25, 2018 @ 12:56 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, S/4HANA, Hot Tips

Today marks a key milestone in the evolution of S/4HANA with the release to general availability of SAP S/4HANA 1809.  As a co-innovation partner with SAP, Bramasol is pleased to offer our help and expertise on mapping out and fulfilling your journey to SAP S/4HANA.

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Join Bramasol at SAP Controlling Conference in San Diego, CA Sept. 17-20, 2018

Tue, Aug 7, 2018 @ 05:54 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, S4HANA, SAP Controlling, SAP Events, Hot Tips

Plan ahead to join Bramasol and other SAP Professionals at SAP Controlling 2018 conference in San Diego, CA on September 17-20, 2018.

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Seven Lessons Learned from Adopting RevRec Standards

Tue, Jun 19, 2018 @ 04:02 AM / by Bramasol Compliance Team posted in FinancialTransformation-Hot-Tips, Hot Tips

A recent article in Accounting Today provides an interesting look back at lessons learned during the adoption of new Revenue Recognition standards, along with analysis of the implications for similar upcoming projects, such as implementation of new Lease Accounting standards.

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New Webinar Series: Demystifying the SAP Cloud Platform

Tue, May 8, 2018 @ 06:39 AM / by Bramasol Financial Transformation Team posted in FinancialTransformation-Hot-Tips, finance innovation, Hot Tips

A recent blog post by Bramasol CEO Dave Fellers posed this important question: "How does a company go about getting targeted cost-effective compliance in the near-term along with a transformative path forward to overall Finance Innovation?"

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New eBook: S/4HANA is the Future: Understanding Why and How to Get There Download Now
Download eBook - Transitioning to ASC 842: Why Robust Analytical Reporting Tools will be a must for all Entities

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