Recognize Accurately
Close the Books. Defend Every Number
Revenue recognition shouldn't depend on a tribe of spreadsheet keepers. Apply ASC 606 and IFRS 15 consistently against every selling motion you ship—subscriptions, usage, milestones, hybrid—with deterministic accounting and supervised AI that models every judgment call for your approval before it posts.
Proven Results
Proven Results in Revenue Recognition
40%
Reduction in average time to close
20-50%
Recovery of Revenue Leakage through Automation
30%
Reduction in Billing Complexity through Platform Consolidation
20–30%
Reduction in billing, AR and revenue-recognition overhead
What It Means for Your Team
Built for the Next Ten Pricing Models, Not the Last One
The Difference a Native RevRec Engine Makes
Manual Revenue Recognition
Close lands in days
— every number sourced, every allocation explained.
Close takes weeks and an army of spreadsheets to defend.
New SKUs and policies inherit governed rules.
No re-implementation.
Every new pricing model triggers a six-week RevRec redesign.
One click reveals the rule, the inputs, the version and the approver.
Auditors ask ‘how did you get this number?’ and the room goes quiet.
The platform detects the mod type and
reallocates in seconds.
Contract amendments mean a week of manual reallocation.
Revenue waterfalls with explainable variance
— no surprises on day 30.
Forecast variance shows up at month-end as an unwelcome surprise.
The Cost of Disconnected Revenue Recognition
You Don’t Have a Revenue Problem. You Have a Proof Problem.
When contracts, billing events, allocations and journal entries live in separate systems, finance spends the close tracing data, rebuilding schedules and explaining discrepancies. The revenue may be correct, but proving it becomes the work.
Additional RevRec Resources73%
Of finance leaders cite manual invoicing as a major challenge contributing to slower closes.
53%
Struggle with payment reconciliation, creating more work and uncertainty at period end.
20–30%
Of close time lost to manual revenue schedules, reconciliation and corrections.
Anatomy of the Close
From Contract to GL, Deterministically
Step 1
Ingest
Contracts, orders and billing events stream in from any upstream source.
Step 2
Identify
Performance obligations identified; SSP allocated and explained.
Step 3
Recognize
Ratable, point-in-time, usage or milestone — per obligation, per policy.
Step 4
Reconcile
Modifications detected; waterfalls reallocated with full audit trail.
Step 5
Report
Journal entries posted to the GL. Disclosures and drill-downs ready.
Close faster. Sleep through audit.
See how BillingPlatform turns ASC 606 and IFRS 15 from a quarterly fire drill into a daily, defensible, automated process.
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Lena Bettermann, Vantage Towers
Head of Supply Chain, Vantage Towers
“We look forward to partnering with BillingPlatform to extend our reach to even more businesses and provide best-in-class billing and payment technology to our joint customers.”
Andrew Gilboy, GoCardless
General Manager, North America
“We selected BillingPlatform because it is an enterprise-grade solution that can seamlessly and efficiently support our diverse billing requirements. BillingPlatform’s functionality, including its ability to defer revenue with automated revenue recognition and scalability, supports operational efficiencies so we can focus on delivering new solutions across our customer base.”
Brian Herb, CCC Intelligent Solutions
Chief Financial Officer
“As part of a broader initiative to digitally transform our operations, BillingPlatform stood out in the market, not only for its innovative technology, but also its consultative approach to understand the intricacies of our business and how best to support it.”
Murray Walton, IDP
CFO
Explore Our Products
Revenue Recognition
Automate compliance, close faster, trust every number.
Close Faster. Defend Every Number.
See how BillingPlatform automates ASC 606 and IFRS 15 with deterministic accounting and supervised AI that shows its work.
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