Position Your Business to React and Adapt to Any New Regulations with Ease
Bramasol’s CEO Dave Fellers and Vice President of Marketing and Strategy John Froelich Shed Light on the Flexibility and Effectiveness of the Comply, Optimize, Transform Framework
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500 results
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How Vertex Plans to Keep Pace with Shifting Tax Regulations
Companies must find solutions that keep them on the cutting edge of tax compliance. Businesses cannot afford to wait for new regulations to wash over them, they must prioritize agility to keep pace with emerging regulatory changes. Many SAP organizations are turning to trusted partners like Vertex to find agile, end-to-end tax compliance solutions to…
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Keeping Up to Date State Local Changes to Tax Regulations
SAP organizations do everything they can to minimize tax burden and ensure that they are in compliance with all applicable regulations for their federal, state, and local jurisdictions. However, this is made difficult by the fact that tax regulations are constantly in flux. These changes can make it difficult for companies to understand their tax…
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Keep Up with Multiple Regulations by Controlling Multiple Data Retention Policies
Follow four steps to help you identify, prioritize, and plan a data retention policy. Key Concept A data retention policy is the policy on setting data retention periods to meet legal, compliance, and operational business requirements. Retention periods vary based on specific statute, legislation, or compliance regulations. Global companies often must comply with multiple compliance...…
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Report Foreign Payments with the SCB Indicator to Comply with Foreign Trade Regulations
Get an understanding of the State Central Bank (SCB) indicator, which you can use to fulfill legal foreign trade regulations. See an overview of the mandatory and optional customizing settings that are necessary to process the SCB indicator in the correct way in your SAP system. Discover where to find the SCB indicator within the...…
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Complying with Data Protection Regulations
Data protection regulations are on the rise, with the California Consumer Privacy Act (CCPA) of 2018, due to go into effect in January 2020, one of the more recent examples. CCPA in combination with the already existing European General Data Protection Regulation (GDPR) is set to have a major impact on how businesses handle their…
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Position Your Business to React and Adapt to Any New Regulations with Ease
Reading time: 11 mins
In the increasingly complex and regulated business landscape, compliance is a top concern for companies of every size, in every industry. In the past few years, major standards have appeared in two finance and accounting compliance areas that cut across industries. First, revenue recognition standards provide new guidance on one of the most important measures…
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Manage Multiple Compliance Initiatives Using the Multicompliance Framework in SAP Process Control 10.0
Learn how different compliance initiatives can coexist within a central compliance management repository while harnessing existing master data. This leads to a more efficient regulatory adherence process. Key Concept Compliance initiatives are a set of regulations and legislations that an enterprise is expected to adhere to strictly in the process of conducting its business activities....…
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How to Comply with IFRS 15 Regulations Using SAP Revenue Accounting and Reporting 1.2
Learn how to set up SAP Revenue Accounting and Reporting 1.2 in SAP ERP Central Component (ECC) 6.0 to comply with the new accounting standard regulation IFRS 15. The new regulation was jointly released by two leading accounting standard bodies: the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). Key Concept...…
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Dealing with Ukraine Regulations? Understand How to Account for Fixed Asset Repairs
Leverage the country-specific functionality of your SAP system for efficient accounting and compliance with local Ukrainian laws and regulations. Key Concept Fixed asset repair costs are usually charged off when they are incurred. However, Ukraine law has a distinctive requirement to capitalize such costs if they exceed a certain limit. An SAP system provides a...…
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What’s New from SAP: New EMEA Finance Regulations
Click Here to View the Session Deck. Join this interactive session to stay informed and ahead of the curve with the latest developments in EMEA finance regulations. Do not miss this opportunity to enhance your understanding of the new changes and the need to leverage SAP’s cutting-edge solutions to achieve regulatory compliance and operational excellence....…
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