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Tag: Revenue Software

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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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
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The Impacts of Continuous Accounting and How to Support It
The Impacts of Continuous Accounting and How to Support It
Part two of the two-part blog series “The Future of Finance” The goal of achieving a more strategic finance and accounting function in a corporation has led to the rise of
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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
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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.