High-Tech and Software
Forecast your billing and revenue recognition with RecVue reporting.
Technology companies are increasingly seeking to drive more predictable revenue streams from recurring-revenue business models. Whether it’s SaaS subscriptions, equipment leasing, or milestone-based consulting engagements, more technology firms are offering goods and services under a recurring revenue model that adds more complexity to billing and revenue processes.
Challenges
Nonstandard SaaS contracts with renewals and extensions
Customer-initiated amendments to consulting engagements
Complex pricing models for different tiers of software and hardware
Flexible billing terms required to win sales
High volumes of transactions
Billing errors leading to customer dissatisfaction
Revenue leakage
Manual data entry and error-prone Excel sheets
RecVue Advantages
RecVue offers the industry’s first suite of Order-to-Cash solutions that are purpose-built to fully automate the complex processes for billing completeness, revenue recognition and channel partner payments in a single solution.
Product and Pricing Catalog
Use configurable, pre-defined pricing models and standard or custom billing cycles.
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.
Revenue Recognition and 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 efficientlyincrease your revenue.
Insights
Forecast your billing and revenue recognition with RecVue reporting, giving you a 360-degree view into your business.
Partner Management
Automate payment remittance to partners and other third-party vendors easily and accurately.
Revenue and Compliance Should Not be Complicated.
Contact us for a demo to see how RecVue gives you complete control of your recurring revenue contracts