As standalone regulations, revenue recognition (IFRS 15 and ASC 606) and lease accounting (IFRS 16 and ASC 842) are each challenging in their own right. Revenue recognition completely overhauled the way organizations account for contracts with...
Posted by Sarah Werner
The revenue recognition standard deadline has passed and companies that have an established solution in place are now finding themselves in an enviable position when it comes to revenue data.
Posted by Meagan Mujushi
A day in the life of an Aptitude RevStream user (or two)
We sat down with two Aptitude Software clients - and RevStream users, John Weis (Senior Financial Analyst) and Ryan Bidner (Finance Supply Chain Analyst), from The Climate Corporation to...
Posted by Meagan Mujushi
We often hear accounting and finance teams tell us that their company's revenue is unique, however, in our experience, most 'like' companies have similarities in 70 to 90% of their revenue treatments.
Prospective clients consistently tell us the...
Posted by Meagan Mujushi
We recently sat down with Aptitude Software clients, Brian Dean (T-Mobile,) Kyle Jones (Rogers Communications Inc.,) and Lee Hendrickson (24 Hour Fitness,) to discuss revenue recognition compliance challenges, lessons learned and how they plan to...
Posted by Meagan Mujushi
Just over a year ago, on August 30, 2017, Aptitude Software and RevStream joined forces. We thought we would look back at the past year to see how the two companies have come together, what's in store for the Aptitude RevStream product and how...
Posted by Meagan Mujushi
With recent hacking scandals and general concern around security of information, we discuss SOC reports at a basic level. For those who need a broad understanding of the importance of SOC reports to their business, service providers, and...
Posted by Meagan Mujushi
How do you know what security controls and compliance features are essential, important, or perhaps unnecessary, when it comes to choosing your revenue recognition software service providers? SOC 1, SOC 2, SSAE 16, Type 1, Type 2, and soon SSAE...
Posted by Meagan Mujushi
Release 2018.1 from Aptitude RevStream , our signature revenue management financial solution, is now generally available for all customers. This major update brings several exciting benefits for customers to further streamline their revenue...
Posted by Meagan Mujushi
As organizations move beyond ASC 606 / IFRS 15 projects, many will be noticing changes in their work day. Roles have changed, new systems and processes have been implemented and a huge amount of data is now available. Some finance teams have...