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Webinar: SAP Universal RevRec with SAP Development and Bramasol

Thu, Sep 5, 2024 @ 03:36 AM / by Bramasol posted in SAP cloud-based, webinar, SAP, SAP RAR, ASC606, IFRS15, S/4HANA, AI, Compliance, public cloud

The latest innovation in revenue accounting is here – SAP Universal Revenue Recognition (RevRec) – and it's changing the game for businesses looking to streamline their financial processes. This powerful, cloud-based solution provides an adaptable and scalable platform, perfect for meeting your evolving revenue recognition needs.

Watch our webinar featuring SAP's Product Team from Walldorf and the experts at Bramasol as they are unveiling the cutting-edge capabilities of SAP Universal RevRec. Discover how this solution delivers real-time revenue recognition, contract-based RevRec with multiple performance obligation (POB) types, as well as comprehensive cost and project tracking.

Don't miss out on this opportunity to learn how SAP Universal RevRec can revolutionize your financial operations!

What You Will Learn:

  • Real-time revenue recognition for improved financial visibility
  • Contract-based RevRec with flexibility for allocations and multiple POBs
  • Seamless cost and project tracking, all within a public cloud-based solution. 

Register Now!

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Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Mon, May 13, 2024 @ 08:38 AM / by David Fellers posted in Professional Services, Revenue Recognition, SAP RAR, Thought Leadership, Accounting Advisory Services, SAP GROW, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, PCAOB

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews.

For any public company, the goal of successfully complying with periodic financial reviews by external auditors cannot be overstated. While passing each audit is a critically important milestone, companies also should understand that it is only one aspect of ensuring their financial transparency and integrity. 

This post provides a deeper look into the organizations that are overseeing your auditors and provides key insights into how your financial, compliance and reporting processes need to be robust enough to satisfy these "audit the auditors" reviews. 

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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Tue, Oct 31, 2023 @ 12:06 PM / by David Fellers posted in Revenue Recognition, SAP RAR, revrec, CEO perspective, SAP BRIM, quote to cash, QTC

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety.

For example, if tests conducted by your primary physician show problems with your heart, you'd expect a referral to a cardiologist rather than having your general practitioner do surgery in their office.  Or if the construction of your dream home encounters issues with soil stability in an earthquake prone area, your general contractor can be expected to bring in a trained geological specialist to deal with the situation. 

In business, the same concept holds true; especially for situations such as optimizing revenue recognition and reporting compliance for subscription-based product and service offerings, which often include complex entitlements, usage-based scenarios, bundled elements, and/or dynamic, on-the-fly, customer-driven changes within the end-to-end Quote-to-Cash process.

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Webinar- RevRec Re-imagined for Better Business Value

Tue, Feb 7, 2023 @ 02:37 AM / by John Froelich posted in SAP Revenue Accounting and Reporting, SAP RAR, cash management, SAP BRIM, Revenue Recognition webinar, Digital Solutions Economy, quote to cash

Consumption, usage and recurring revenue models are very popular in today’s business climate.  To be successful, these business models require integration and coordination among your key business systems from the front-end to the back-end. Before rolling out these revenue models, it is often useful to take a  step back and reimagine how these revenue models, business strategies, and business systems should all be aligned and deployed for the best results. 

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Hot-Tip: Watch On-Demand RevRec Webinar Videos

Wed, Jul 27, 2022 @ 11:25 AM / by Bramasol RevRec Team posted in SAP RAR, Hot Tips, Revenue Recognition webinar, Automated Revenue Management

 

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.

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Ask the Expert- Migrating Data to OCM for Revenue Accounting and Reporting

Sun, Jul 10, 2022 @ 11:25 PM / by John Froelich posted in webinar, SAP, financial reporting, SAP RAR, OCM, Ask the Experts

Optimized Contract Management (OCM) in the latest release of SAP Revenue Accounting and Reporting (RAR) provides powerful new features such as day-based calculations, improved inbound processing and enhanced reporting, as well as deeper integration with SAP S/4HANA and SAP Analytics Cloud.

In this Ask the Experts session, Bramasol's panelists provides important insights for efficiently migrating data to take advantage of OCM’s enhanced capabilities. Watch this focused half-hour discussion recorded on July 22nd, 2022. 

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Webinar- Free Up Cash, Lower Costs and Prepare for the Digital Solutions Economy with SAP In-house Banking

Mon, May 9, 2022 @ 11:00 AM / by Bramasol DSE Team posted in webinar, SAP RAR, BRIM Solution,, subscribtion model, subscription model, Revenue Recognition webinar, Automated Revenue Management, Digital Solutions Economy

As more companies and industries adopt subscription-based business models in the Digital Solutions Economy (DSE), they face new challenges in managing cash, cash flow and banking. And, as the volume and velocity of transactions increases exponentially, your cash application and cash management solutions must keep up.

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Ask the experts- Leveraging SAP BRIM to create highly integrated models for consumption/usage-based scenarios

Mon, May 9, 2022 @ 10:54 AM / by Bramasol DSE Team posted in webinar, SAP RAR, BRIM Solution,, subscribtion model, subscription model, Revenue Recognition webinar, Automated Revenue Management, Digital Solutions Economy

While leading edge companies are moving to subscription models, leading edge innovators are keep ahead with consumption and usage based models. The need for flexible plans without pre-defined spending levels demands a solution that is purpose built to handle the complexity, uncertainty, and volume of transactions. SAP BRIM provides a portfolio of integrated solutions that can be deployed individually or in a holistic approach. Regardless of which revenue generating model your company wants to apply, BRIM along with related SAP finance and compliance applications help optimize and consolidate business processes for sales, delivery, and billing.

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Webinar - Unpacking BRIM to Understand Order-to-Cash-to-Compliance Optimization

Fri, Apr 8, 2022 @ 05:26 AM / by John Froelich posted in webinar, SAP RAR, BRIM Solution,, subscribtion model, subscription model, Revenue Recognition webinar, Digital Solutions Economy, Order to cash, Sales Order Management

Watch our latest recorded webinar as experts from Bramasol and SAP unpack the key aspects of BRIM and discuss how they can be applied to your specific requirements for end-to-end order-to-cash-to-compliance excellence.

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