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Tag: Recurring revenue

Mitigating the Impact of Subscription Billing with Modern Revenue Management Solutions

How to manage the challenges behind the subscription-based business model with leading revenue management software solutions. Trends from the past years consistently show that buying preferences have shifted from ownership
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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
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Telecommunication and ASC 606: Revenue Recognition Under the New Standard

The telecommunications industry has been grappling with the new levels of complexity presented by the revenue recognition standard, ASC 606. For telecommunications entities, notable challenges include those related to determining
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ASC 606 Revenue Recognition Impacts on Media and Entertainment Companies

ASC 606 Revenue Recognition Impacts on Media and Entertainment Companies

The new revenue recognition accounting standard update, ASC 606, issued by the Financial Accounting Standards Board (FASB) has caused significant disruption in the back office.  Adoption of the new standard
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