Start 2021 by Optimizing Your Finance, Banking and Treasury Processes

As digitalization has accelerated everywhere, CFOs and their organizations are empowered to think and act differently. They are now at the center of all decisions. They need the insights and tools to provide a sound and nimble response to any situation. We recommend that you check out the third edition of the SAP Finance and Risk Virtual Summit starting on February 9, to learn how SAP helps finance organizations accelerate their transformation and become ever more relevant to customers.

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The events at a glance are as follows:

February 9 - KICKOFF - Finance Transformation: The Way Forward
February 16 - Re-Imagine Your Entity and Group Financial Close
February 23 - Extend the Power of Planning and Analysis to Drive Better Decisions
March 2 - Increase Liquidity and Optimize Working Capital with Real Time Treasury
March 9 - Improve Resilience While Managing Risk and Compliance
March 16 - Monetize Your Service Business with Innovative Billing & Revenue Management
March 23 - Get the Upper Hand on Cyber, Privacy and Security Risks
March 30 - Streamline Compliance, Tax and Trade

Upcoming Webinars

Developing a Cost Effective, Secure

and Scalable Banking Strategy

with SAP Multi-Bank Connectivity

Lower costs and increase security and flexibility all at the same time? Yes you can. Bramasol’s expert team will share how we can help you lower bank fees, compensating balances and transaction fees, while increasing the security and flexibility of you banking infrastructure.

We will explore how SAP’s Multi-Bank Connectivity can help enable a modern banking eco-system that helps you lower fees, increase visibility to cash and create a more secure, flexible and scalable global banking eco-system.

If you are wondering whether you have too many banks, how you can free up trapped cash or enable a more flexible, secure and scalable banking platform to support you globally, you won’t want to miss this webinar.

Improve Accuracy and Completeness of

Commission Accounting

Under ASC 606 using SAP RAR

If you are using SAP RAR, did you know that RAR can manage your commissions accounting process as well?

ASC 606 represents a fundamental shift in how commissions are accounted, tracked, and reported. Excel is no longer a viable option for most companies because commissions may need to be tracked and reported for several years.

Time is up to become compliant with ASC 606 and its subtopic ASC 340-40, which specifies how companies should account for and recognize the costs associated with its revenue contracts. Public companies have had to be compliant with ASC 606 since 2018 for calendar year-end companies, while private companies’ required adoption is 2019. For private companies this means that their first year of audit under the new standard will be for 2020.