Automate revenue recognition tasks with the platform designed for subscription businesses.
Streamline accounting and reporting processes with advanced revenue management automation, purpose-built for high-velocity subscription businesses offering complex plans and multiple products.
Recurly’s automated and scalable billing workflows help increase efficiencies in our finance processes. Our finance and accounting teams now have access to clean data with clear audit trails for accurate and efficient reporting.Read case study
Subscription revenue management refers to your organization’s ability to accurately recognize, report and forecast recurring revenue from customer contracts.
Many subscription businesses process a significant number of transactions on different days each month. They may have diverse billing models that combine ongoing, usage based, and one-time billing. This results in a complicated revenue recognition process that is onerous, tedious, and error prone.
Most ERP and accounting applications are not equipped to handle the complexities of a recurring revenue model. Recurly handles the complex calculations and creates a .csv file with a deferred revenue waterfall report that can be imported directly into your accounting application.
Using a revenue management software solution benefits your subscription business by automating and streamlining your revenue accounting processes, reducing the risk of reporting errors and audit costs. You will accelerate your period close and gain visibility and forecasting insights into your subscription revenue.