Best Practices for Information Services Companies: Complex Billing and Revenue Recognition

Watch the Replay

Jon Greifenkamp, Vice President, Finance, Solucient, the leading provider of business intelligence, services and solutions to the healthcare industry, discusses Solucient’s M&A history, the resulting inefficiencies, and how they turned “chaos” into order, to create a financial infrastructure that can handle the rigorous requirements of a growth-oriented information services organization.

Case in Point – Solucient
Demands of Innovation and Growth

  • Consolidate and automate financial processes
  • Automate complex billing
  • Manage mergers and acquisitions
  • Eliminate spreadsheet accounting
  • Deliver insight into the customer base
  • Improve reporting and forecasting

SOFTRAX Revenue Management Solution

  • Revenue recognition and deferral integral to your financial system
  • Complex billing based upon infinite variable price points and invoice requirements
  • Contract and order management in one central location
  • Maintenance/service agreement renewals to capture every cent from your customer base

This Webcast was conducted live on 1/24/06 and can be viewed on demand anytime.


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.