Streamlining Revenue Recognition and Billing

As a software company, Intacct understands the issues that finance organizations grapple with every day—from complex, evolving software revenue recognition guidelines, and a disconnected quote-to-cash process, to complex subscription billing and renewals management challenges.

For businesses that invoice clients quarterly, annually, or anytime in between, it can be very difficult to keep track of each account with multiple Excel spreadsheets often involved in order to track and recognize revenue. According to Alan Taylor, chief financial officer of Adaptive Computing, by using Intacct, their organization can now do revenue recognition in less than 25% of the time that it took them before. Adaptive Computing is able to ensure the bills that go to customers aren’t disorganized based on the revenue recognition policies in place, allowing them to keep concise communication with the customers in regards to their bills.

Intacct offers unprecedented scalability, flexibility, and sophistication to grow with your financial management needs for years to come. That's why hundreds of software and cloud companies trust Intacct for their financial management system, and why Intacct is the choice for software companies preparing for an IPO.

Check out the video below and find out why software CFO’s and controllers are moving to modern, cloud-based accounting solutions like Intacct and the many benefits they've seen.

To watch the video, click here.

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