Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC), the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings.  We have also explored how SAP RISE and GROW can enhance and streamline overall implementations.

There has been a lot of focus recently on supply chain issues because of the global challenges from the pandemic, conflict in Ukraine, and economic uncertainties.  However, the supply chain is only a part of the overall picture that companies need to consider for fueling sustainable business success.  This blog post zooms out for a more holistic view of the entire Value Chain, which encompasses the full gamut of enterprise-wide processes.

Did you hope that the whole Revenue Recognition change process was really behind you?  Most companies have already spent significant time, effort and resources to comply with ASC 606 / IFRS 15 accounting requirements in one way or another.   It's natural to yearn for closure and move on to other issues.

But there are some very compelling reasons why you should revisit your RevRec processes, with an eye toward the future and within the context of the Comply, Optimize, Transform™ paradigm.  

Let's take a look at three major areas of opportunity for leveraging RevRec as a key driver for improving your overall business processes, productivity and agility going forward.

With S/4HANA --- Revenue Accounting, Contract Management and Inbound Processing have been optimized for better performance and improved functionality. The optimized version provides additional features, such as day-based contract modifications, FIORI coverage and HANA based disclosure reporting.

Join team Bramasol and SAP Product Development for a discussion of how SAP Revenue Recognition’s Optimized Contract Management (OCM) can help power you into the Digital Solutions Economy (DSE). With powerful features mentioned above, OCM is the way to go. Team Bramasol and SAP bring together elements and tips & tricks from true world experience for moving you from your ECC RAR platform to the Optimized Contract Management platform.

Watch our recently recorded webinar on SAP RAR and Optimized Contract Management - Power for the New Digital Economy. SAP and Bramasol team discusses on how SAP Revenue Recognition's Optimized Contract Management can help power you into the Digital Economy.  

With powerful features such as day-based calculations, improved inbound processing and new reporting, OCM is the way to go.  SAP's product development and Bramasol, the leaders in SAP Revenue Accounting will discuss and present cases for the use of Optimized Contract Management.

Watch Now!

Working capital is one of the top tools to manage and improve Cash Flow. With SAP's S/4HANA finance and treasury solutions you can have real-time access to the data and insights you need to improve working capital.

Join Bramasol's Julio Dalla Costa (Director of Technical Accounting) , and SAP's Haresh Chhaya to learn how to target Days Sales Outstanding, Days Payables Outstanding and the Currency Conversion Cycle to pinpoint targets for improvement.

Watch now our recorded webinar on March 30, 2021 - 10 AM PDT / 1 PM EDT if you want to know how you can gain visibility into Working Capital with the world's leading ERP software, you can't afford to miss this.

Watch now!

You complied, now turn that compliance into a competitive advantage. Watch our recorded webinar to get insights on SAP Analytics Cloud. Bramasol’s dashboards and analytics tools provide insights and analysis to drive action.

Learn to take advantage of SAP Leonardo machine learning to automate your cash application using SAP Cash Application. Explore how to leverage SAP S/4HANA and send incoming payment and open invoice information to a matching engine built using the SAP Cloud Platform. Open invoices are matched against incoming payments and either automatically cleared or a proposed clearing is made and ready for review. The more SAP Cash Application is used, the more clearing is automated.

This eBook provides a brief overview how S/4HANA represents the future for companies currently using SAP platforms, as well as many other companies looking for a sustainable path to finance innovation.  It also lays out some of the key considerations in developing a roadmap to implement and get the best results from S/4HANA.