Softrax

Blog

Tag: ASC 606

Consumption billing can force SaaS companies to conform to the variable consideration guidance in ASC 606

Consumption billing can force SaaS companies to conform to the variable consideration guidance in ASC 606

Consumption, or usage-based, billing models charge customers based on the quantity or usage of a product or service. The model has become increasingly popular in the SaaS business environment, where
Read More
Where are the Auditors

Where are the Auditors: ASC 606 and Recognizing Subscription Billing Revenue

Since ASC 606 and IFRS 15 have taken effect, auditors, particularly in the private sector, have had a soft touch in enforcing some of the most complex portions of the
Read More

ASC 606 Solutions for the Professional Service Industry

ASC Topic 606, Revenue from Contracts with Customers, adds a new series of hurdles for businesses with the new five-step framework to the revenue recognition process. With the expansive challenges
Read More
The Effects of Recurring Revenue Business Models on Revenue Recognition

The Effects of Recurring Revenue Business Models on Revenue Recognition

SOFTRAX partnered with Aria Systems in the summer of 2021 for the live webinar, “Recurring Revenue Ripples Through Revenue Recognition” to discuss how agility in serving customers with recurring revenue
Read More
ASC 606 and Challenges to the Healthcare Industry

ASC 606 and Challenges to the Healthcare Industry

It’s no surprise that the healthcare industry is facing unique and disruptive challenges that are affecting areas such as productivity, revenue cycle, and supply chain on a major scale. Given
Read More

Popular Posts

EXCLUSIVE WEBINAR FEATURING

AEG logo
00
Days
:
00
Hours
:
00
Minutes
WATCH THE WEBINAR NOW