Watch our recently recorded webinar titled Lessor Accounting and Automated Revenue Management (ARM) are Key for Supporting New Business Models

Lessor accounting, along with integrated revenue management, are becoming more critical with the adoption of the Digital Solutions Economy (DSE) by many companies.  It is no longer a viable approach to try using standalone or offline lease accounting methods because the lack of integration with revenue and other accounting processes is too cumbersome to scale or adapt for new models.

Learn how to seamlessly execute full lessor accounting transactions including full accounting for sales type leasing, operating type leases and a decision tool that assists users with evaluating between the two types of leases. 

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You can have a single, integrated solution for Lessor Accounting from SAP. Watch now the webinar as Bramasol shows you how we can bring together two of the most powerful solutions for revenue and lease accounting SAP RAR and CLM to deliver a comprehensive, scalable and integrated solution managing both your Operating and Sales Type leases all in one place.

Watch our recently recorded webinar "Simplify, Automate and Scale Lessor Accounting" recorded on Thursday, February 25th, 2021. Watch now!

Discover the power of SAP for Lessors through the convergence of Revenue Recognition and Lease Accounting.  Is a lease out a Revenue Accounting or Lease Accounting Challenge - it is both! And only SAP and Bramasol can bring you an integrated solution that brings together both of these areas in a seamless way. 

According to the Big 4, over 50% of companies experienced a delay in compliance with ASC 606 and 842 due to accounting issues. Those same companies struggled to produce their disclosures and reporting. Underlying this are the technical accounting expertise and disciplines needed for success.

Listen to the latest podcast in Bramasol's Insights to Action series.

Many of you are in the midst of filing your first quarter ASC 842 adoption footnote disclosures.  If you used brute force and/or a limited-scope point solution, how did that go?   If you used a non-integrated solution, how did the reconciliations go between asset accounting and payments?  Excel spreadsheets are not a realistic long term solution. Feel like you’re stuck in a dead-end now? You don’t have to be!

Just as you’ve been preparing to become compliant, audit firms have been preparing as well; determining what and how to verify and validate your disclosures.  Bramasol determined that the best way for you to prove the accuracy of the data in your disclosures was to develop not only drill-through Disclosure Reports but also drill-through Validation reports. Your proof is in the details.

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 January 2019 deadline for compliance with new Lease Accounting standards, ASC 842 and IFRS 16, is now looming less than two months away.  Are you ready? If not, Bramasol can help

If you thought ASC 842 Disclosures were just to make the SEC happy, think again. Leveraging Bramasol’s Disclosure reports and analytics on SAP S/4 can provide you with insights into your lease portfolio. Manage costs, understand interest rates and view your portfolios globally so you can have real insights into your leased asset portfolio.