Product Features
For software/internet company
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Rev Rec
Recognize Revenue with Confidence and Accuracy
Solve complex revenue recognition challenges with support for current standards and be prepared to comply with evolving rules and guidelines.
- Automate complex revenue recognition.
- Flexible revenue recognition scheduling.
- Comply with existing standards including:
- Revenue arrangements with multiple elements (ASC 605-25).
- Revenue arrangements with multiple elements (ASC 605-25).
- Percentage-of-completion accounting (ASC 605-35).
- Prepare for ASU 2014-09 adoption.
Business Impact
Back Office Efficiency
Eliminate spreadsheets and manual work efforts.
Compliance
Maintain compliance with applicable accounting standards.
Deferred Revenue
Automate revenue recognition schedules and manage deferred revenue.