ASC 606 Webinar - Optimizing the Fulfillment Process
This one-hour webinar will discuss how Softrax and Changepoint are working together, not only to provide excellent value in each of their areas, but to gain additional synergy in resolving this significant challenge that CFOs face in managing the impact of fulfillment data on revenue recognition and the close process. During this webinar you will learn
How Softrax automates the revenue recognition process and data required from the PSA application to handle the fulfillment aspect
How Changepoint is used by the Professional Services Organization and the data made available regarding fulfillment
How the two are being used together to fully automate the process with lowest risk and maximum controls.
Revenue Management for Multidimensional Customer Choice
Join enterprise revenue management experts from Aria (Monetization) and Softrax (Revenue Recognition) as they discussion how to ensure your company is ready for the recurring revenue revolution. In this webinar you’ll learn:
The challenges enterprises face with new business models and new revenue recognition regulations like ASC 606 and IFRS 15
The options available in adjusting your back-office capabilities to the new reality
Best practices to reduce the cost and risk of preparing your back-office for these coming changes.
Preparing for Revenue Recognition Implementation & Beyond Panel Discussion
Join the revenue recognition panel featuring Softrax, RGP, Sondhi & Associates, & Surgent. Watch as they discuss how to prepare for new revenue recognition guidelines. This diverse panel of experts will share their thoughts and experience on the new guidance, and discuss best practices and key considerations related to planning and carrying out your implementation efforts.
Billing & Revenue Recognition Challenges on the Subscription-Based Economy
Join experts from CBIZ & MHM, Vindicia, and SOFTRAX as we discuss how to get your business ready for the new revenue recognition guidance. Discover the implications of the revenue recognition standards, and learn about technology solutions that can enable you to manage your application of the new standards once implemented.
Performance Obligations and Contract Acquisition Costs under ASC 606
If you are implementing ASC606 "Revenue from Contracts with Customers", you may already know that it is not easy. There is a lot of room for judgment in this principles-based standard. Two areas causing concern are performance obligations and contract costs - not only the technical accounting policy decisions, but also how to manage them with a technology solution. Join RGP and Softrax as we do a deeper dive into these areas and demonstrate how technology can make your compliance efforts easier.
Overcoming The Challenges of the New Revenue Recognition Standards
Incredible changes are occurring in Recurring Revenue Management. To be successful today, the corporate back office must keep pace with new recurring revenue models while complying with tremendous changes brought on by the new revenue recognition standard, embodied in IFRS 15/ASC606.
Softrax Revenue Manager
Find out how Softrax Revenue Manager can address your specific ASC 606/IFRS 15 requirements.
ASC 606 Preparing for the New Standard
Though implementation of FASB’s new revenue recognition standards will be deferred a year, businesses should not underestimate the time or effort required to bring their systems and processes into compliance.
Improving Billing and Revenue Management: A Guide to Getting Off Spreadsheets
When efficiency and accuracy are top priorities, identifying the right tool for the job is an absolute necessity. Learn how to kick your company's spreadsheet habit while taking billing and revenue management to the next level.
A Guide to ERP Augmentation for Improved Billing and Revenue Recognition
"Rip and replace", custom code, and manual workarounds aren't the only answers. If your business is outgrowing the capabilities of its ERP infrastructure, strategic ERP augmentation may be the solution you need.
Monetizing the Internet of Things - Hidden Opportunities and Challenges
Join leading analyst Andrew Dailey of MGI Research and experts from Aria Systems and SOFTRAX to go beyond the hype and hear how finance and business leaders can fully monetize its potential.
Billing Strategies for Innovative Business Models: How Boring Old Billing Could Be the Competitive Advantage You Never Knew You Had
Billing processes are one of the most underrated competitive assets in business. This paper examines the complex billing requirements of businesses such as e-commerce, information providers, content aggregators, business process outsourcers and more. Self-assessment questions help determine if your billing systems are ready to take on the competition.
Accounting for Software as a Service
Innovation is still the key to growth in the high tech business, but it has broader implications than in the past. Today some of the most important innovations are about the business model—how technology is being sold and delivered. Offering software as a service (SaaS) via subscription or utility models is reshaping key customer relationships for high tech companies. This white paper discusses the advantages of the SaaS model and the implications for managing brand new revenue streams.
Benchmarks for Billing Processes
New research shows how business models, billing and computational methods, and customer preferences impact billing complexity. See how this increasing complexity impacts billing quality and may lengthen the order to cash cycle if invoices are inaccurate, sent late or need to be re-billed.