FinancialForce Revenue Recognition & Forecasting Software
Unlimited business
models, one revenue
solution
Centralize revenue streams in a single revenue recognition solution. Get compliant with the new ASC 606 & IFRS 15 standards. Automate calculations, reduce your period-end close and gain a complete picture of your organization’s revenue - both recognized and deferred.
Revenue recognition for today’s modern business
50-100%
Improved close times
1 CLICK
Reporting in seconds, not hours
COMPLIANCE
With ASC 606, IFRS 15, and AASB 15
REVENUE RECOGNITION
Centralize all your revenue streams
Products, subscriptions, services, usage-based contracts and any combination thereof: track all revenue streams in a system that supports any scenario. Bring in data from across the business with a single click. Automate complex revenue calculations and allocations.
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AUDIT-FRIENDLY
Eliminate complex revenue recognition spreadsheets
Improve the auditability and visibility of your revenue recognition data. Adhere to the new standards (ASC 606 & IFRS 15) with ease, match revenue to performance obligations and automate best practices. And manage it all on the Salesforce Platform, alongside your other customer and billing activity.
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COMPLIANCE
Be ASC 606 & IFRS 15 compliant
Assess the impact and adjust processes straight into the system. Enforce key controls to record transactions accurately and on time. Easily configure to support your current compliance needs and your transition to the new standards
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FORECASTING
Get complete revenue and forecasting visibility
Get a complete and graphical view of your revenue situation either in summary or item by item. Empower teams to make more informed decisions for that day, next week and months out. Derive forecasting with both recognized and forecasted values for multiple revenue source data.
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Do even more with the #1 Accounting application on the Salesforce Platform.
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Recognizing monthly revenue now done at the click of a button saving 1 1⁄2 days—allowing staff to focus on validation checks.
Guy Sochovsky, CFO
NewVoiceMedia
Revenue Recognition native to Salesforce
Built on the Salesforce Platform, FinancialForce automatically gives you a customer-centric view of your business.
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