Provide transparency and accountability to investors, lenders, and regulators through accurate revenue reporting.
Export To Finance
Ensure finance has the data they need to generate regulatory reports and blend data with other financial systems.
Schedule Calculation
Configure when, or what proportion, of the service was “delivered” to the customer.
Usage Recognition
Users pay for the service as they consume it, and therefore the revenue can be recognized immediately with no need to defer until a later date.
Integration
Export your revenue recognition data to the finance platform of your choice.
Revenue Affecting Events
Pricing Changes
Making global pricing changes that affect existing customers? That means that your revenue schedules for these customers have also changed.
Overage Adjustments
When products have overage charges applied it could require a revenue recognition amendment for the previous period.
Contract Amendments
Understand when contracts have been amended. Whether their term has been extended or new products have been added, your finance department needs to know.
Service Cancellations
Has a customer cancelled a contract that has previously been accounted for in your unearned revenue reports?
Share your recognition needs
Need help meeting regulatory requirements for revenue recognition? LogiSense can work with you.