Automate revenue management and reduce errors with a single solution to manage the complete quote-to-cash and revenue recognition processes.
With intelligent revenue recognition software, streamline revenue management to allocate, reconcile, monitor and recognize revenue for any pricing model, billing approach or promotional offer while staying compliant with ASC 606 & IFRS 15.
Manage transaction complexity and deliver true real-time revenue management with combined billing and revenue recognition software in a single solution.
Manage revenue contracts, and automatically calculate revenue allocated to performance obligations based on standalone selling price.
Revenue Recognition offers rule-based revenue scheduling, giving finance teams the flexibility to automatically allocate transactions to specific GL accounts then specify how and when revenue will be recognized.
With BillingPlatform’s revenue recognition system, you can automatically manage:
Align Revenue Recognition with your enterprise’s broader business strategy by creating custom revenue schedules and automate recognition of the most complex transactions.
Manage revenue recognition automation across multiple subsidiaries and geographies through one comprehensive solution.
By 2024, more than one-half of organizations will have deployed a configure, price, quote (CPQ) application to reduce contract negotiation time and ensure optimized use of time in buyer engagement.
VP & Research Director, Ventana Research
“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.”
Chief Financial Officer, CCC Intelligent Solutions
Revenue Accounting doesn’t have to be complicated. In principle,...Read White Paper
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