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FinancialForce Revenue Recognition

A revenue recognition solution by FinancialForce.com.
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Now you can automate your entire revenue recognition processes on the Salesforce Platform. Eliminate error-prone and time-intensive spreadsheets, automate recognition calculations, and adhere to key revenue recognition standards.

  • Simplify the process for gathering information
  • Increase visilbility and auditability
  • Automate recognition calculations

ELIMINATE COMPLEX REVENUE RECOGNITION SPREADSHEETS

Quit spending your valuable time entering data into huge, multi-row documents that attract the attention of auditors. Simplify the process while improving the auditability and visibility of your revenue recognition information.

LINK RECOGNITION ENTRIES TIGHTLY TO SOURCE DATA

Rather than re-entering source data and trigger event information into spreadsheets, you can simply link to the source data stored on the Salesforce Platform.

STAY COMPLIANT AND IN CONTROL

This app supports AICPA, FASB and SEC regulations (including SOP 81-1, SAB 101, and EITF 00-21) including the requirements for Vendor Specific Objective Evidence or VSOE and Sarbanes-Oxley.

PROCESS MULTI ELEMENTS EFFICIENTLY

As businesses move to more complex revenue models multi element arrangements have made revenue accounting painful. The multilevel structure of FinancialForce Revenue Recognition organizes and simplifies the process of tracking, calculating and properly creating the right entries from multi element arrangements down to a line item level.

Use as a standalone or in conjunction with other apps from FinancialForce.com.

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