Centralise revenue streams in a single revenue recognition solution. Get compliant with the new ASC 606 & IFRS 15 standards. Automate calculations, reduce your period-end close and gain a complete picture of your revenue - both recognised and deferred.
Why consider the FinancialForce Revenue Management module?
You have complex revenue recognition schedules for different products/services/contracts
You want to reduce the time it takes to close your accounts at the end of the period
You need improved traceability of accounting recognition entries
You want to improve scalability of the business and reduce key-person dependency risk
Centralise All Your Revenue Streams
Products, subscriptions, services, usage-based contacts and any combination thereof: track all revenue streams in a system that supports any scenario. Bring in data from across the business with a single click. Automate complex revenue calculations and allocations.
Get Complete Revenue and Forecasting Visibility
Get a complete graphical view of your revenue situation, either in summary or item by item. Empower teams to make more informed decisions, for that day, next week and months out. Derive forecasting with both recognised and forecasted values for multiple revenue source data.