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Make your SaaS revenue recognition process as easy as 1-2-3
A staggering 92% of public companies still use some form of spreadsheets for critical revenue management and revenue recognition tasks.
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The rate for private companies is even more astonishing. Revenue management can quickly get complex when you consider multiple entities, subscriptions, licenses, services, etc., exposing a large number of issues from compliance, to audits, to proper forecasting. SaaS businesses must get revenue recognition right every time.
You can get out of this quandary with Intacct Revenue Management software. Say goodbye to those unaudited spreadsheets and manual reconciliations; Intacct translates your sophisticated revenue recognition requirements to simplified, streamlined workflows to get you the results your business requires.
With Intacct's revenue recognition process, you will:
- Strengthen compliance and achieve consistency throughout your organization
- Control deferred-revenue transactions and see the impact on reporting and forecasting
- Accelerate month-end close
- Reduce audit costs
Whether you sell physical inventory, perpetual software licenses, subscriptions, or services, Intacct Revenue Management allows you to:
- Flexibly define specific recognition templates and rules
- Automatically generate amortization rules and apply these across individual contracts or order line items
- Automatically recalculate deferred and recognized revenues when change is required
Want to learn more about Intacct? Contact us.