Telco Customers Prepare for Accounting Standards Changes with SAP RAR 1.1

SAP has announced enhancements to the SAP® Revenue Accounting and Reporting application designed to help communications service providers (CSPs) simplify preparations for upcoming changes in International Financial Reporting Standards (IFRS).

The IFRS changes will have significant impact on how carriers recognize revenue. The software enhancements simplify the tasks of archiving large amounts of data, updating forward- and backward-looking information, and integrating with the SAP hybris® Billing solution.

SAP Revenue Accounting and Reporting, version 1.1, is now available for early-adoption customers as part of the SAP Ramp-Up program.

For assistance with understanding the benefits of SAP 1.1 or downloading the software, click below.

Request RevRec Consulting Support