White Paper

Laying the Foundation for Automating Revenue Accounting

Automating revenue recognition processes provides tangible improvements to the operations and finances of companies. Eliminating most manual revenue accounting processes results in greater efficiency, acceleration of close processes, and reduced cost of finance. With more extensive insight into backlog, companies can make better performance management decisions and improve resource alignment in both operations and delivery centers. This white paper from BearingPoint and SOFTRAX explains why companies should automate their revenue processes, and how to successfully manage each phase of the implementation process from strategy to scope, design, and execution.

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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.