Why it is Important: A recent study by digital media analytics firm DoubleVerify reveals that 73% of online publishers spend excessive time manually processing data, while 80% say this limits their ability to optimize inventory performance and maximize revenue.
RecVue’s Solution: RecVue is designed to drive financial accuracy by integrating trusted billing data, precise revenue reporting, and reliable partner compensation details. Its configurable interface to the General Ledger ensures seamless and accurate accounting entries.
Unified Revenue Management for
Data Centers
From newly streamed subscription and ad opportunities to agency fees and time/unit-based pricing, enterprises built around the Internet and media-related offerings face increasingly complex billing and revenue processing.
Key Accounting Challenges Businesses Face
Optimizing inventory performance
Optimizing inventory performance
Complex billing and pricing models
Complex billing and pricing models
Why it is Important: Leaving such tasks to manual processes wastes time and money and is a waste of staffing resources which could be put to better use toward strategic growth.
RecVue’s Solution: Consolidate billing and revenue on a unified platform to update and automate your order-to-cash cycle.
Manual data entry and error-prone Excel sheets
Manual data entry and error-prone Excel sheets
Why it is Important: Accounting has evolved from number-crunching to strategic partnership. Outdated tools like spreadsheets and manual processes must be replaced with modern solutions to keep pace with the finance team’s growing role in business strategy.
RecVue’s Solution: RecVue automates data processing, eliminates manual entry, and integrates with existing systems to reduce reliance on spreadsheets and streamline transactions.
Revenue leakage
Revenue leakage
Why it is Important: You may be losing out on revenue you weren’t even aware you had, a potential bottom-line impact equating to a 1-5% earnings loss, historically.
RecVue’s Solution: The RecVue solution is designed to adapt to evolving recurring revenue models, reducing reliance on manual processing and minimizing pricing errors—key factors in preventing revenue leakage and ensuring financial accuracy.
Revenue recognition compliance
Revenue recognition compliance
Why it is Important: Accurate revenue recognition, the ability to properly recognize revenue when earned rather than upon payment, is essential because it directly affects the integrity and consistency of a company’s financial reporting.
RecVue’s Solution: RecVue’s revenue management module automates application controls with key features aligned to ASC 606 / IFRS 15 regulations. This enterprise-grade cloud solution ensures compliance, enhances audit controls, and upholds security standards for accurate revenue management and reporting.
Optimizing inventory performance
Why it is Important: A recent study by digital media analytics firm DoubleVerify reveals that 73% of online publishers spend excessive time manually processing data, while 80% say this limits their ability to optimize inventory performance and maximize revenue.
RecVue’s Solution: RecVue is designed to drive financial accuracy by integrating trusted billing data, precise revenue reporting, and reliable partner compensation details. Its configurable interface to the General Ledger ensures seamless and accurate accounting entries.
Why RecVue?
Product And Pricing Catalog
Automate unique and complex order-to-cash requirements for billing, partner compensation, and revenue recognition.
Contracts And Order Management
Eliminate the paper, PDFs, and manual processing and get complete visibility and control.
Usage And Data Mediation
Capture usage data from any source and translate it into standard billing to reduce leakage.
Multi-Attribute Rating And Pricing
Model pricing or rating structures to determine the billable amount. Then optimize revenue based on real-time analysis of your pricing strategies.
Billing And Invoicing
Scale from one-time charges to basic subscriptions to complex usage models with pre-validated bill runs and tailored invoices.
Partner Management
Automate payment remittance to partners and other third-party vendors easily and accurately.
Revenue Recognition & Compliance
RecVue supports the ASC606/IFRS15 and ASC842 frameworks to keep your business GAAP-compliant.
Improve Productivity
Enable your finance team to accelerate period closes, reduce DSO/DRO, and work more efficiently to increase your revenue.
Insights
Forecast your billing and revenue recognition with RecVue reporting, giving you a 360-degree view into your business.
Delivering Results To Innovators Driving Success
Learn why these companies chose the RecVue Revenue Management Cloud to handle their complex billing and revenue recognition processes and how it’s working for them.
