Let’s face it—a slow decision is a bad decision. Static reports. Outdated dashboards. Data that arrives too late to act on.
Sound familiar?
Let’s be honest—compliance isn’t just a box to check anymore. It’s a minefield of ever-changing rules: SOX, ASC 606, GDPR, HIPAA, ESG… and the stakes have never been higher. One small error? It can lead to penalties, reputational damage, and sleepless nights for your audit team. But it doesn’t have to be this way.
Scaling your business globally sounds exciting—until you spend more time on scaling your ERP than scaling your business because it can’t handle the complex tax, intercompany and regulatory requirements of multiple countries.
Let’s be real: Selling today isn’t simple. Subscriptions, pay-per-use, outcome-based contracts—flexible is the new normal.
Hot-Tip: your RevRec journey from ECC to S/4HANA can take a number of different paths and involve a complex range of crucial considerations.
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.
FASB has issued an update regarding ASC 842 through its Post-Implementation Review (PIR) process that is intended to respond to the concerns expressed by private company stakeholders about applying Topic 842 to related party arrangements between entities under common control.
Specific issues addressed in the PIR are:
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!
Click here or on the image below to stream 20 of our top videos on Revenue Recognition.
As companies move into the new year, The Digital Solutions Economy™ (DSE) is continuing to disrupt conventional customer engagement business models by shifting away from one-off sales transactions and toward subscriptions, bundling and multi-faceted relationships. DSE is already transforming many B2C markets and is rapidly making inroads into B2B scenarios as well.
Within the SAP ecosystem, many companies like yours are already turning to Billing and Revenue Innovation Management (BRIM) to handle order-to-cash processes. However, as SAP's Roshni Frisch points out in this podcast, companies hit a point in these projects where they ask "oh, how am I going to do my revenue recognition for this?"
The best approach to optimize BRIM integration for flexibility, compliance and disclosure reporting is to use SAP Revenue Accounting and Reporting (RAR)!
