With each quarterly earnings announcement showing dramatic increases in cloud ERP revenue, SAP’s strategic shift to S/4HANA cloud services is clearly now in full swing. In Q1 2024, revenue from the Cloud ERP Suite was up 32% and reached $3.48 billion US, marking nine straight quarters of 30%-plus growth. 

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. In this new Insights post, we take a look at the management, revenue accounting, and compliance issues for Professional Services companies.

Join Bramasol’s John Froelich along with David Eastlund, Christian Ilmberger, and Boris Aljancic from SAP’s Development team to learn more about how powerful new features such as multi-currency and early billing that extend the power of SAP’s premier cloud Order to Cash solution, Subscription Billing.

Along with a deep dive into how these new features work, the panel will address best practices for implementing them smoothly into your overall end-to-end, quote-to-cash to compliance landscape.

We will address the alternatives for connecting with various front-end customer-facing systems and back-end revenue recognition solutions. Finally, the presentation will also provide insights into seamlessly optimizing these new features within SAP S/4HANA Cloud environments.

There will be an interactive Q&A session after the presentation, so enter your questions below or just bring them to the live webinar session.

Recent posts in this series have provided updates on SAP RISE and GROW, with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions.  This new episode drills down into the concept of maintaining a "clean core" in your ERP system to assure a solid foundation that minimizes unnecessary customization, which could impede organizational agility going forward.

In this blog post, we are taking a closer look at two important initiatives from SAP with a focus on what they are and how they can help companies optimize their ERP systems and accelerate their business growth.

As one of SAP's longest serving partners, Bramasol has seen and participated in many major changes during our 25 years of working in the SAP ecosystem.  When we express how excited we are with the new RISE with SAP initiative that was launched in Q1 2021, it comes with that deep history and perspective in mind.