By David Appel, Sage Intacct
When it comes to revenue recognition and ASC606, finance executives at SaaS and subscription companies face many challenges. There are complexities regarding revenue and billing models, how well aligned sales and finance are on deal terms, and the changing rules from ASC 605 to ASC 606.
Thankfully, financial management systems have come a long way in helping to mitigate these issues. Of course, not all solutions deliver the same benefits, making it hard to determine the right solution for your business. G2 Crowd offers a Grid to compare the top revenue management software vendors based on customer reviews posted to their website. They asked your finance executive peers to submit feedback based on how well solutions track pricing details for individual or groups of products and services or how well they monitor revenue per customer, contract, or project, as well as other criteria.