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.  

Every day our organization thinks about how we can better help finance teams achieve their goals and overcome challenges, including accounting change. Well, who better to help provide perspective than our own finance leaders? Today we’re turning...

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...

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...

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...

In this series on the decision making around supporting ASC 606 with revenue recognition automation software, the project manager assesses the last identified issue. The sixth issue faced at this growing company was being able to address the...

In this series on the decision making around supporting ASC 606 with revenue recognition automation software, the project manager assesses the fourth and fifth identified issues. The team continued focus on being risk adverse and taking the...

In this series on the decision making around supporting ASC 606 with revenue recognition automation software, the project manager assesses the third identified issue, the revenue teams heavy reliance on IT. With a single person assigned to manage...

In this series on the decision making around supporting ASC 606 with revenue recognition automation software, the project manager assesses the second identified issue, the growing complexity of contracts. Whilst looking at automation as one...

The first issue our Project Manager faced at this growing company was around their manual high touch environment. Under ASC 605 this was manageable, but the complexity of high value, long term contracts coupled with anticipated company growth,...