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What is Chargebee RevRec?

A comprehensive "source of truth" is established for the accounting analysis of customer contract data. It ensures meticulous monitoring of Deferred Revenue from a detailed perspective, offering both roll-forward and forecast views. This platform serves as an intuitive and regulated repository for Revenue Recognition principles, presented with the required specificity. The standalone selling price library (SSP) is a dynamic and easily accessible tool that includes all SSP details at the product level, seamlessly integrated with the pricing catalog. Additionally, it automates the tracking and amortization of deferred commission expenses throughout the expected contract duration. The system identifies all performance obligations while taking into account variable factors as stipulated by ASC 606. Accounting frameworks are required to maintain elevated control standards, which include stringent security protocols, user access controls, built-in balance reconciliations, and preventative strategies to guarantee both completeness and accuracy. Moreover, it enables real-time revenue reporting across multiple dimensions, levels, and time intervals, thus facilitating precise trend analysis and enabling clear communication of any variances. The framework also supports compliance efforts and audit preparedness, ensuring that all relevant standards are met effectively. In essence, this system not only enhances operational efficiency but also strengthens the integrity of financial reporting.

What is Certinia ERP Cloud?

Elevate your financial management capabilities within the Salesforce ecosystem by leveraging Certinia ERP Cloud, formerly known as FinancialForce, which provides a robust general ledger, automated billing functionalities, and superior analytics all within a single platform. This comprehensive solution facilitates effective management, recognition, and forecasting of revenue from various streams, including products, subscriptions, project services, and usage-based contracts. By unifying data and automating critical calculations, you can ensure precision across the system while effortlessly adapting to ASC 606 and IFRS 15 guidelines. With Certinia ERP Cloud, you can refine your financial operations, transforming routine activities into a matter of just a few clicks, and generating top-notch real-time financial analyses, scenario modeling, and compliance documentation. The platform allows for the automation of complex recognition calculations, significantly decreasing dependency on error-prone and time-consuming spreadsheets, which is vital in keeping up with the ever-evolving revenue recognition regulations. Additionally, this all-encompassing solution not only boosts operational efficiency but also equips organizations to maintain a competitive edge in the realm of financial management, fostering a proactive approach to handling financial challenges. By embracing this innovative tool, businesses can ensure they are prepared for future financial demands and opportunities.

Media

Media

Integrations Supported

Salesforce
AvidXchange
BOSCO
Certinia PS Cloud
Chargebee
HubSpot CRM
HubSpot Customer Platform
Metazoa Monarch
Microsoft Excel
Own Data
Peaka
QuickBooks Online
Tipalti
Zoho CRM

Integrations Supported

Salesforce
AvidXchange
BOSCO
Certinia PS Cloud
Chargebee
HubSpot CRM
HubSpot Customer Platform
Metazoa Monarch
Microsoft Excel
Own Data
Peaka
QuickBooks Online
Tipalti
Zoho CRM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Chargebee

Date Founded

2010

Company Location

United States

Company Website

www.chargebee.com/revenue-recognition-software/

Company Facts

Organization Name

Certinia

Date Founded

2009

Company Location

United States

Company Website

certinia.com/erp-cloud-software/

Categories and Features

Categories and Features

ERP

Accounting Integration
Accounting Management
CRM
Dashboard
Distribution Management
Enterprise Asset Management
Financial Management
HR Management
Inventory Management
Order Management
Project Management
Purchase Order Management
Purchasing
Reporting/Analytics
Sales Management
Supply Chain Management
Warehouse Management

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

Inventory Management

Alerts/Notifications
Barcoding / RFID
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Order Management

Back Order Management
Catalog Management
Inventory Management
Order Entry
Order Fulfillment
Order Tracking
Recurring Orders
Returns Management
Shipping Management
Special Order Management

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

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