The impact of the new revenue recognition accounting standard, ASC 606 / IFRS 15 has been felt far and wide. Late in 2018, the Anschutz Entertainment Group (AEG) began searching for a cloud software solution to implement and execute the new ASC 606 requirements for its sponsorship advertising revenue recognition, which as a result had greatly increased in complexity. AEG is a leading worldwide sporting and music entertainment presenter, which owns and operates a collection of sports, entertainment, and real estate interests around the world.

Download the full AEG Case Study to better understand the challenges facing AEG and how SOFTRAX helped provide solutions that brought efficiency and automation to their organization.

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ASC 606 Revenue Recognition Checklist

Do you know the five steps of ASC 606 and the impact of them on your revenue? The SOFTRAX ASC 606 Checklist can help.