NEW! Do your products fall under software revenue recognition guidance?

Grant Thornton - As the prevalence of products with embedded software has grown, questions have arisen more frequently about whether vendors of these products should be accounting for them as sales of software or sales of tangible products...+ read more

Insights on Revenue RecognitionInsights on Revenue Recognition

Grant Thornton LLP’s newly updated Insights on revenue recognition: Navigating the maze of authoritative literature is a practical, plain-English resource to help you make the right choices when considering the highly complicated matter of revenue recognition...+ read more

EITF 00-21: Revenue Arrangements with Multiple Deliverables

This white paper presents insights from A.C. Sondhi, a member of FASB’s Emerging Issues Task Force, on the impact of EITF 00-21...+ read more

Is a Subscription Accounting Model Right for You?

Subscription accounting is increasingly being used by many different businesses – both consumer and B2B – to extend customer relationships, smooth revenue growth, bring innovative products and services to market, as well as supplement more traditional offerings. Find out if this approach will work for your business... + read more

Integrating disparate financial systems with ERP

Harland Financial Solutions needed to replace the collection of accounting systems owned by their many subsidiaries with one, consistent system that could manage billing renewals and deferred revenue...+ read more

Automating Deferred Revenue to Increase Productivity

By centralizing their customer installation data and automating maintenance renewals, billings, and deferred revenue, Taxware (now ADP Taxware) is able to spend considerably more time on analysis and planning...+ read more

Implementing Tighter Controls for Sarbanes-Oxley Compliance

Tumbleweed's financial infrastructure comprised two enterprise systems and more than a dozen spreadsheets. As a result, reconciling financial transactions required a great deal of manual intervention, introducing delays and potential inaccuracies into the reporting process. A new approach to revenue management improved internal controls, visibility, and flexibility....+ read more

Streamlining financial processes across multiple acquisitions

Over the years this municipal solutions provider acquired ten companies and ten different customer databases. As a result, accounting and finance processes became highly fragmented. Capturing 100% of their maintenance renewal and services revenue was nearly impossible. The company selected Softrax to create an enterprise system to consolidate its account information...+ read more

Automating software and service revenue reporting in one system

When this software developer acquired a services company, they needed new tools and accounting systems to help merge and manage the two businesses. A new revenue management system provided an integrated financial infrastructure, productivity improvements throughout the company, and unprecedented control over project profitability...+ read more

Automating accounting to improve billing, renewals and channel performance

Actify implemented a new revenue management system to centralize and automate a complex accounting function involving resellers worldwide. Actify is now able to drive maintenance renewal revenue directly from the finance department, and to provide business analyses for improved product and channel performance...+ read more

Establishing financial transparency and accuracy for acquisition

An integrated and automated system brought sharp improvements in productivity, maintenance renewals, and reseller satisfaction. When the company was acquired, the system played a significant role in the transaction by demonstrating financial continuity, transparency, and accuracy...+ read more

The Impact of Tools on Forecasting

RevenueRecognition.com and IDC examine how companies can achieve greater efficiency and higher satisfaction with their forecasting processes...+ read more