RevRec & Audit

RevRec & Audit

Move Fast, Keep Finance Confident

Every new model flows cleanly into compliant, recognized revenue.

New pricing models create accounting work, and when billing and revenue recognition run on separate data, the controller becomes the reason those models don't ship. BillingPlatform recognizes revenue from the same contracts and usage that produced the invoice.

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Core Capabilities

Revenue recognition without the reconciliation.

Recognize from the data you bill

Revenue schedules build from the same contracts, usage and events behind every invoice.

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Handle the hard allocations

Multi-element arrangements, standalone selling price and mid-term modifications, recalculated as terms change.

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Answer the auditor with a click

Trace any recognized amount to the contract, usage and approval behind it.

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Recognize from the data you bill

One Contract, One Set of Numbers

When rev rec runs in a separate system fed by exports, billing and revenue drift apart and the monthly reconciliation grows. BillingPlatform builds revenue schedules from the same contract terms and usage that generate invoices.

  • Drop the monthly reconciliation between billed and recognized revenue
  • Keep schedules accurate as contracts change mid-term, without rework
  • Post to the general ledger on your close calendar, tied to source detail
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Handle the hard allocations

Handle the Contracts That Break Spreadsheets

Usage-based and hybrid contracts create exactly the allocation problems ASC 606 was written for. BillingPlatform allocates transaction price across performance obligations and recalculates when a contract gets modified—and supervised AI models what a proposed modification would do to recognized revenue before anyone approves it.

  • Launch usage, credit and outcome pricing without an accounting workaround
  • Apply the right treatment to variable consideration, ramps and true-ups
  • Reallocate on modification automatically, instead of rebuilding schedules by hand
  • Flag a recognition inconsistency during the period, not at close.
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Answer the auditor with a click

Give Auditors Evidence Instead of Explanations

Audit cost tracks with how much of your revenue process lives outside the system. BillingPlatform logs every configuration change, approval and allocation, with the underlying usage attached—and since BillingPlatform AI operates inside your existing role permissions, every action it takes generates that same complete audit trail automatically.

  • Shorten audit cycles by handing over evidence instead of reconstructed stories
  • Trace any recognized amount through allocation, contract version and usage
  • Hold controls as the business speeds up, with segregation of duties enforced
  • Ask, in plain language, for recognition status heading into close and trace any amount back through allocation, contract version and usage
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