BTerrell Group Blog

The new ASC 606 standard has some 'Gotchas'. Distinct or a Bundle?

Posted by Brian Terrell on Fri, Feb 16, 2018

The confusing complexities that just may come back to bite you

In our continuing series covering the major and minor points of the new Revenue Recognition rules contained within ASC 606, we wanted to shed some light on some of the nuances laced through the rules’ verbiage. While on the surface the rules sound fairly straightforward, there are some confusing complexities that it’s important for your organization to be aware of and to understand. Here we look at just one component of the rule – identifying the performance obligations of a contract - to illustrate how a seemingly simple concept gets a bit more complicated the deeper we look.

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Tags: RPA_Lead_Story

CMSWire: Busting 8 Robotic Process Automation Myths

Posted by Brian Terrell on Fri, Feb 16, 2018

A recent client summit at Doculabs surfaced some of the myths you’re likely to hear about RPA. The participants did some significant myth-busting, specifically around the following eight claims that are being made about RPA.

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Tags: RPA_All

TechTarget: Robotic process automation software unites vendors, partners

Posted by Brian Terrell on Fri, Feb 16, 2018

Channel partners and robotic process automation software vendors are joining forces to take software robot deployments to the next level.

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Tags: RPA_All

The Who, What and When of Revenue Recognition Standard Updates

Posted by Brian Terrell on Tue, Feb 06, 2018

Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers, is provoking a lot of questions—and for good reason. The who_what_when.jpgupdate essentially affects all businesses and requires some major updates to reporting and accounting practices. Read on to see if it applies to you, what you need to do, and when you need to make the necessary changes.

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Tags: RPA_Lead_Story

FINEXTRA: Robotic Process Automation: Taking the Robot out of the Human

Posted by Brian Terrell on Tue, Feb 06, 2018

As Business Process Management (BPM) continues to develop, one of the most exciting and high profile aspects of it is that of Robotic Process Automation (RPA). RPA is transforming organisations across all industries, leading experts to believe that it is one of the most transformational tools in current times. In this article we explore the benefits of RPA and why it is so transformational, along with an analysis of where it can be applied within the financial services sector.

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Tags: RPA_All