Revenue Recognition Impact on Professional Services Organizations

With the new revenue recognition regulations looming, professional services organizations (PSO) are facing a multitude of challenges.  The 2018 deadline is only a few months away, and time is running out for PSO’s to prepare.  Many companies, including professional services organizations have underestimated the effort needed to adopt the new revenue recognition regulations and are behind schedule.

Failure to comply with new revenue recognition rules could be disastrous for a company. Watch Softrax & Changepoint one hour ASC 606 webinar discussing the new revenue recognition standard and what it means for professional services organizations.

• Understand the impact of the new standard on professional services firms
• Highlight key challenges and potential risk factors professional service organizations face
• Best practices on timing and recognition of revenue
• Discover opportunities and technology solutions available
• How Professional Services Organizations can leverage Softrax and Changepoint to fully automate the new revenue recognition standard through speed, innovation and flexibility.