Take The Complexity Out of Customer Orders and Billing

There is certainly no shortage of regulatory oversight when it comes to accounting standards and there are many rules to guide accounting practices. The new Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers, highlights a new concern for many businesses, indicating that it’s especially important to simplify revenue management wherever possible. The first place to investigate is with customer orders and billing processes.

Subscription billing and recurring revenue management can be particularly challenging, especially when relying on manual processes or carefully crafted spreadsheets. Worse yet, the process can grow increasingly complicated as you grow your business. Ensure compliance with accounting standards and gain greater control and insight over subscription and recurring revenues with a stronger accounting solution, such as Intacct Revenue Management Software. Contact the BTerrell Group for more information about using Intacct to automate subscription management, streamline complex recurring revenue accounting, and protecting your bottom line.