7 years after the launch of ASC 606 and IFRS 15, we have learned a lot about Revenue Recognition and in particular, Standalone Selling Price (SSP). Join our team of experts as we explore learnings from over 50 projects and share insights on implications of SSP. We will talk about the types of approaches to SSP and explore the ways various companies have applied this. SSP has become a huge driver of downstream and upstream processes and is a key area that deserves ongoing attention. In this new webinar, our experts in SAP RevRec solutions and SAP Cloud will provide a deep dive into how you can assure that your SSP processes are up to date and ready for the next waves of change.

Some of the issues we will touch on include:
• Summary of SSP modifications since initial adoption
• Clarifications of SSP determinations for Intellectual Property
• Variable Consideration impacts on SSP
• How contract modifications impact SSP
• Opportunities for enhancing SSP and RevRec disclosures with SAP Cloud
• A peek ahead at how new AI capabilities will streamline SSP calculations and disclosure reporting.

If you want to stay compliant and optimize your business processes, including SSP integration, this is the webinar for you! Register Now!

The new ASC 606 revenue recognition standard was adopted by most companies within the last three years with public companies adopting first and then followed later by private companies. A core concept in the new revenue recognition approach is the Five-Step model for identifying contracts, performance obligations, transaction prices, allocations, and timing for revenue recognition.

Automate and simplify your Standalone Selling Price processes with tools from the Leader in SAP Revenue Accounting, Bramasol.

Now that the compliance deadlines are done, firms are seeking ways to Optimize their Revenue Accounting Processes and one of the keys is Standalone Selling Price. Watch now our recorded webinar on March 25, 2021 to hear from experts.

At the heart of Step 4 of the RevRec 5 Step Model, Standalone Selling Price is the crucial component to this process, and we can help you simplify and automate the process while increasing flexibility and scalability.

Hear from our experts on how this tool can benefit your SSP process and reduce the time required to manage it across multiple revenue streams.

Although some companies think that Revenue Recognition compliance issues are behind them, it's important to remember that the changes mandated by ASC 606 and IFRS 15 are on-going.  In particular, the Five-Step Model and concepts such as Standalone Selling Price need to be applied to new product or service offerings today and into the future.