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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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How SAP's Sustainability Solutions Align with the Changing ESG Landscape

Tue, Apr 16, 2024 @ 05:59 AM / by David Fellers posted in Professional Services, CEO perspective, Thought Leadership, carbon accounting, ESG, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, Sustainability

With the 54th anniversary of Earth Day on April 22, 2024, now is a good opportunity to review the progress of corporate Environmental, Social, and Governance (ESG) initiatives with an eye toward the future and a review of available tools for monitoring, managing and reporting ESG information. 

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New SAP AI Initiatives Will Enhance Order-to-Cash to Compliance Processes

Mon, Apr 15, 2024 @ 01:14 PM / by David Fellers posted in Professional Services, CEO perspective, Thought Leadership, AI, Digital Solutions Economy, Order to cash, quote to cash, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, BRIM

Previously in this series, we have explored the big picture regarding How Generative AI is Impacting the Digital Solutions Economy. In this new post, we get more granular to provide an update on how AI and Gen AI can enhance productivity, insights, and results in finance applications such as order-to-cash to compliance (OTC2), along with a look at how new SAP AI initiatives are key to this transformation.

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New Recurring Revenue Solutions in the Global Semiconductor Industry

Wed, Mar 20, 2024 @ 01:03 PM / by David Fellers posted in CEO perspective, Thought Leadership, Digital Solutions Economy, Order to cash, Recurring Revenue, Semi Conductor, BRIM

In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving another peak in demand for chip makers.

In addition, geopolitical concerns about semiconductor IP and manufacturing are also significantly influencing decisions on where semiconductor foundries and assembly facilities should be located and whether advanced chip designs should be banned from export to certain countries.

According to the Semiconductor Industry Association (SIA), the industry will see a 13% sales rise in 2024, after declining 8.2% in 2023, while Gartner, Inc. forecasts that global semiconductor revenue will grow 16.8% in 2024 to total $624 billion.  International Data Corporation (IDC) also upgraded its Semiconductor Market Outlook, calling for a return to growth, with a 20.2% increase to $633 billion in 2024.

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Webinar- Optimizing Order-to-Cash to Compliance with AI

Fri, Mar 15, 2024 @ 02:46 AM / by John Froelich posted in Professional Services, webinar, AI, subscribtion model, sapinsider, DSE, Order to cash, quote to cash, Recurring Revenue, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, BRIM

Watch our webinar as it focuses on how companies can optimize their Order-to-Cash-to-Compliance processes by combining SAP’s latest cloud-based financial solutions to enhance efficiency and drive business value. Specific topics focuses on use cases for emerging subscription-based business models and solutions such as Order to Cash/BRIM, Revenue Accounting and Reporting (RAR), and S/4HANA cloud implementations.

The discussion also includes a look ahead on how SAP’s artificial intelligence (AI) initiatives are likely to open up new opportunities for automation of key processes and decision-making to provide even higher productivity.

In addition to the presentation, this webinar includes an interactive Q&A session, Watch Now.

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How SAP ERP Clean Core Helps Minimize Digital Debt and Enhance Agility

Thu, Mar 7, 2024 @ 03:18 PM / by David Fellers posted in Professional Services, CEO perspective, Thought Leadership, digital debt, RISE with SAP, clean core, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, Automotive

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.

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Latest Updates and Insights on SAP RISE and GROW

Thu, Feb 29, 2024 @ 06:30 AM / by David Fellers posted in Professional Services, Revenue Recognition, S4HANA, AI, SAP GROW, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, SAP Rise

Last year's post "Overview of GROW and RISE with SAP" was one of the most popular and widely shared episodes in this blog series and so it is now time to take another visit to these topics. In this new post, we explore both the progress SAP has made with RISE and GROW evolution and a look at the exciting opportunities going forward.

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Optimizing Order-to-Cash-to-Compliance for SaaS Offerings

Thu, Jan 18, 2024 @ 08:50 AM / by David Fellers posted in SaaS, Professional Services, Digital Solutions Economy, DSE, Order to cash, quote to cash, EBRR, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, BRIM

Previously in this blog series, we have discussed the impacts of the Digital Solutions Economy™ (DSE) on the software and SaaS sector. This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings.

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Webinar- Accelerate Recurring Revenue Models with Bramasol and SAP Subscription Billing

Mon, Jan 15, 2024 @ 02:08 AM / by John Froelich posted in SaaS, Professional Services, subscribtion model, Digital Solutions Economy, Order to cash, quote to cash, Recurring Revenue, High Tech, Semi Conductor, Software, Media, Life Science, Health, PharmaCeutical, BRIM, Automotive

Join experts from Bramasol and SAP development to hear how a recent customer implemented a new subscription business model in 3 months in the cloud with Bramasol and SAP Subscription Billing.

Our team will talk about key decision points and guidelines to reduce time to value and maximize flexibility, scalability and security all in the cloud and share how SAP’s cloud architecture makes all of this possible. If you need a way to maximize your subscription management that is scalable and flexible in the cloud, don't miss to watch this webinar.  Watch Now!

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