REVENUE RECOGNITION

Integrated revenue accounting and compliance automation

The only fast-to-deploy and easy-to-use revenue recognition solution.

With Recurly revenue recognition, we can effortlessly ensure adherence to revenue reporting standards. This flexibility allows us to diversify our revenue streams and cater to the evolving needs of our subscribers.

Deborah Lightfoot — Consultant

Zight (formerly CloudApp)

Automated revenue recognition and reporting for subscription businesses

Recurly revenue recognition provides global subscription businesses the power and flexibility required to automate ASC-606 and IFRS-15 compliance for even the most complex monetization models.

ASC-606 and IFRS-15 process automation

Automate 5-step revenue accounting processes to streamline compliance with reporting guidelines.

  • Product and revenue bundles
  • Performance obligation management
  • Standalone selling price (SSP) analysis and calculation
  • Variable considerations handling
  • Costs and expense allocations
  • App stores revenue recognition
  • Multi-book, multi-entity accounting
ASC-606 and IFRS-15 process automation

Revenue workbench

Gain an aggregated, real-time view of subscriptions and revenue contracts to track and analyze performance.

  • Detailed, transaction level drill down
  • Multi-perspective analysis
  • Contract modifications
  • Full contract management
  • Expense allocations
  • Billing and business events
Revenue workbench

Imports and exports

Easily import and export data between Recurly and your accounting applications for a faster period close.

  • Supports invoices, credit memos, and cancellations
  • Automated generation of journal entries (JE)
  • Automated JE posting to general ledger (via API)
  • Review uploaded data in revenue workbench
  • Import historical revenue data
  • Configurable, automated period close
Imports and exports

Data transformation

Supports advanced data management to streamline processes, ensure accuracy, and provide valuable insights.

  • Define granular recognition rules for diverse product bundles
  • Create custom data transformation rules
  • Build custom data sets for deeper analysis
  • Refreshes daily
  • Data sets available for reporting throughout the system
Data transformation

Reporting and analytics

Get the insights you need to inform your decisions with real-time, pre-packaged revenue reports.

  • Revenue waterfall report
  • Deferred revenue waterfall report
  • Costs and variable considerations reports
  • Transaction details reports
  • Liability balances report
  • Audit reports
  • Exception reports
  • Revenue forecasting
Reporting and analytics

Ready to automate revenue management?

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