RevSym, ASC 606 Compliance Solution

Watch and learn how to automate ASC 606 compliance

RevSym

RevSym is a complete cloud solution built for ASC 605, ASC 606, and IFRS 15 compliance.

Manage revenue recognition

Enable accurate, timely, and automated rule-based revenue recognition management—all while increasing your finance organization’s productivity and reducing cost.

Manage revenue recognition
Live Demo
Achieve 100% compliance

Achieve 100% compliance

Automate revenue recognition guidance from FASB and IASB to seamlessly transition from ASC 605 to ASC 606 or IFRS 15. Use a single system to complete dual accounting under ASC 606 and 605 with easy comparability. Automate the treatment of contract modifications. Estimate variable considerations and standalone selling prices. Automatically generate disclosures and out-of-the-box reporting. And simply configure the system to match your revenue policies through drag-and-drop actions—all while complying with ASC 605, ASC 985-605, ASC 605-25, ASC 605-35, ASC 605-10-S99L, and the new ASC 606/ASU 2014-09 and IFRS 15 standards.

LIVE DEMO
Reduce financial risk

Reduce financial risk

Spreadsheets increase the risk of manual errors and financial restatements. Reduce financial and audit risk with RevSym, a solution that is easily configurable to your revenue policies. Automate allocation, reporting, and analytics for revenue and costs at the contract or portfolio level. Use built-in exception management for standalone selling prices, holds, reconciliations, and more. Track contract modifications and exactly who did what and when.

LIVE DEMO
Increase visibility and transparency

Increase visibility and transparency

Does your revenue accounting team and leadership have the visibility they need to ensure compliance and keep costs under control? RevSym will offer them a complete view of every revenue contract including the revenue schedule, matching performance obligation release criteria. Access real-time automated disclosures on deferred revenue, backlog, and the revenue waterfall. Use robust forecasting based on deferred revenue backlog and CRM opportunities. VIew journal entries before they get posted to the general ledger.

LIVE DEMO

Automate for your revenue model and policies

Some software vendors may force you to push your revenue model and policies into their framework. That’s not so with RevSym. Being purpose built for ASC 606, this solution accommodates all types of revenue models from SaaS, to licenses, software, research and development, and channel revenue models. Our team of experts will understand your revenue policies through a consultative process and prototype revenue and cost scenarios so you know what to expect. You’ll be able to manage changes in your revenue policies through simple point-and-click actions.

Automate for your revenue model and policies
LIVE DEMO

Integrate with any ERP or CRM

RevSym can easily fit into your ecosystem and integrate data from your ERP, CRM, billing, and commissions systems through out-of-the-box adaptors. In minutes you can connect to ERP or billing systems like Oracle, SAP, Netsuite, Zuora, and Aria; CRM systems like Salesforce, Microsoft Dynamics, and SAP; and incentive compensation systems like CallidusCloud Commissions.

Integrate with any ERP or CRM
LIVE DEMO

Scale to your growing needs

Your revenue recognition needs grow as your company grows in scale. RevSym offers a tested and scalable platform that can support your complex revenue recognition needs of tomorrow.

Scale to your growing needs
LIVE DEMO
Making the move to ASC 606 Report

Making the Move to ASC 606: What to Know with 6 Months to Go

READ MORE
READ MORE
RevSym Brochure

RevSym Brochure

READ MORE
READ MORE
Sales Operations, ASC 606 will Change Your Life

Sales Operations, ASC 606 will Change Your Life

READ MORE
READ MORE

Ready to see more?

Schedule your custom demo with an ASC 606 compliance expert now.

Thank you!

We will contact you shortly to schedule your custom demo.

SCHEDULE

Thank you!

We will contact you shortly to schedule your custom demo.