Revenue Management for Multidimensional Customer Choice
Simple one-time sales are becoming a thing of the past as the connected customer demands more choice and places more value on experiences than ownership. A majority of companies are now considering recurring revenue models to take advantage of this shift, but they are frequently stymied by inflexible legacy back-office systems that weren’t designed with digital-age transactions in mind.
At the same time changing financial regulations, most notably the advent of ASC606/IFRS15, have made the ability to handle complex revenue recognition a mandate. Even those that use fairly simple contracts will need to reexamine their revenue recognition processes.
Join enterprise revenue management experts from Aria (Monetization) and Softrax (Revenue Recognition). 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.
Make sure your company is ready for the recurring revenue revolution