One of the many business challenges facing finance teams today is Automated Revenue Management (ARM). This topic is not only a compliance challenge in the face of increased regulatory scrutiny, it is also an operational challenge, requiring many comp...

In our recent blogs on revenue accounting, we covered an update to SAP Revenue Accounting and Reporting (RAR) v1.3, and provided our best practice recommendations for approaching an IFRS 15 / ASC 606 project even if at the last minute. In this blog...

With the new revenue recognition rules for IFRS 15 / ASC 606 being right around the corner, I have had several customers ask me very recently if there any silver bullets to quickly handle these rules? The short answer is no. Over 150 on-going RAR p...

The IFRS 15 doomsday clock is ticking! By January 1st 2018, IFRS 15 (or ASC 606 in the US) revenue accounting will come into effect globally. Most of the companies around the world will have to be ready by this time to report on this new standard, an...

I am very happy to announce that SAP Revenue Accounting and Reporting (RAR) v1.2 is now officially “Released to Customer” (RTC) as of May 24, 2016 (and GA as of November 25, 2016). The response by our customers and partners has been fantastic!  Ove...