Bramasol is pleased to announce the release of our new app: "Analytics for Revenue Recognition Disclosure Reporting" that is now available for purchase in the SAP AppCenter.

Companies world-wide rely on Bramasol to help them comply with and benefit from Revenue Recognition regulations ASC 606 and IFRS 15. Our IP, Reporting Tools and Experts can help you to meet them. Bramasol is the Revenue Recognition leader and a recognized SAP Revenue Recognition services partner for companies seeking to comply with and benefit from the new Rev Rec standards. 

This new solution includes highly-flexible analytics that provide companies with the specific quantitative information needed to fulfill statutory reporting requirements and are designed to visually surface any set of relevant information needed to support accurate understanding and timely decision making.

Click here to View the Bramasol Analytics for RevRec Disclosures App in the SAP AppCenter.

Bramasol recently helped a $9B Tier One Automotive supplier with a customized Revenue Recognition solution to help them become IFRS 15 compliant and optimize their business processes to support them in their quest for continuous performance improvement. The customer has manufacturing facilities located around the world and is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles.

This organization was very proactive in searching for a comprehensive RevRec solution to help them become compliant ahead of the January 2018 deadline. In addition to being an early adopter, the client had some unique challenges around complex scheduling, engineering design & development and volume pricing. They also had challenges fitting their business processes and revenue postings in the standard SAP RAR functionality. They needed a solution that would integrate to their contract repository system which was under development.

Being a key partner in the SAP Ramp-Up program, Bramasol was the natural choice to help deliver a SAP RAR solution that was flexible enough to support all their accounting and reporting requirements.

Bramasol developed a custom solution to accommodate their requirements for 3 scenarios, configured the standard functionality to achieve the goal of revenue postings and integrated it with the custom contract repository, followed by a successful migration of business process to the new environment. Their goal of fulfilling their customer demand with technological advancements is now simpler to achieve than ever.

Our work was well appreciated by the customer – “Bramasol Provided the technical and functional resources we needed to deliver our project on-time”

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If you need to get compliant with ASC606, IFRS15, do what the fortune 500 do ...Call Bramasol

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The video of Bramasol's newest RevRec webinar, "Variable Consideration Approaches using SAP RAR" is now available for viewing online.  

Recorded on October 27, 2016, this webinar addresses the various challenges presented by the new ASC606 and IFRS15 regulations regarding Variable Consideration and shows how SAP RAR and Bramasol can help solve them. The presentation was followed by a live Q&A.

If you deal with rebates, performance bonus or penalties, coupons, or contingencies, you should view this webinar.

With only 14 months to the January 2018 deadline, these drill-down issues have become critical for companies in order to get #RevRecReady .

Click here to view this latest webinar as well as all webinars in our highly regarded RevRec Webinar Series.

The video of Bramasol's newest RevRec webinar, "Revenue Recognition is Coming. How Will You Transition? Part 2" is now available for viewing online.  Recorded on September 29, 2016, this Part 2 session on Transition provides a deep dive into the key issues associated with transitioning to the new ASC 606 and IFRS 15 standards.

Experts from both Bramasol and SAP Labs discuss methods for dealing with RevRec transition including:

• Parallel Reporting - Ledger, Account, Doc Type
• Open or "In Flight" contracts (which ones and what decisions?)
• Post Launch (Don't take your eye off the ball)
• Reporting and Disclosures (Get in front of it)
• Variable Consideration - ways to approach and business issues

With less than 15 months to the January 2018 deadline, these drill-down issues have become critical for companies in order to get #RevRecReady .

Click here to view this latest webinar as well as all webinars in our highly regarded RevRec Webinar Series.

The video of Bramasol's newest RevRec webinar, "Revenue Recognition is Coming. How Will You Transition?" is now available for viewing online.  Recorded on August 31, 2016, this webinar delves into the key issues associated with transitioning to the new ASC 606 and IFRS 15 standards.

Experts from both Bramasol and SAP Labs discuss tools and methods for dealing with systems transitions, open contracts, and other key items.

Click here to view this latest webinar as well as all webinars in our highly regarded RevRec Webinar Series.