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What is Flowrev?

Employ the uncomplicated connect and bulk data upload approach to set up and authenticate your revenue and expense forecasts. Effortlessly download and handle new invoices, while also crafting flexible recognition timelines for each entry by integrating recognition timing criteria with calculation methods for every reporting period. With a single click, you can instantly access the latest revenue and costs displayed in your income statement by aligning aggregated monthly recognition schedules. Easily review recognition timelines and investigate the individual elements that contribute to them in-depth. Adjustments, including cancellations, can be navigated while ensuring complete traceability of all changes made. Flowrev operates as an all-inclusive software solution for cost and revenue recognition, alongside lifecycle management, and is compatible with popular online accounting systems. Beyond the excellent advantages these platforms inherently offer, Flowrev further amplifies their capabilities by enabling businesses to recognize prepaid expenses and deferred revenue either on the date of service or over a designated timeframe, regardless of when payments or invoices are processed. This additional feature guarantees that businesses uphold precise financial reporting and adherence to compliance standards, fostering a more reliable financial management environment. By implementing Flowrev, organizations can streamline their financial operations, ultimately leading to better decision-making and enhanced profitability.

What is Fakturia?

Fakturia adeptly handles customer contracts by managing key elements such as minimum contract length, billing schedules, notification periods, and payment methods, ensuring that everything is processed automatically and punctually. It also features robust support for various currencies and languages, as well as the ability to incorporate country-specific tax regulations, making it a perfect solution for businesses operating worldwide. The platform streamlines the often cumbersome cancellation process, enabling it to be completed with just a few clicks; customers receive immediate email confirmations of their cancellations and, if necessary, adjusted invoices for any overcharges. Users can oversee an unlimited number of brands with one Fakturia account, categorizing articles and contracts by project for enhanced organization. Additionally, its integrated text management system facilitates full internationalization of content in different languages, while the scripting features allow for the easy resolution of logical dependencies. This all-encompassing approach guarantees that every aspect of customer contract and brand management is executed flawlessly, establishing Fakturia as an essential resource for companies engaging in international operations. Furthermore, its intuitive interface and powerful functionality empower businesses to focus on growth rather than administrative tasks.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$40.00/month/user
Free Trial Offered?
Free Version

Pricing Information

$29 per month
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

Flowrev

Date Founded

2015

Company Location

United States

Company Website

www.flowrev.com

Company Facts

Organization Name

Luminea IT Services

Date Founded

2007

Company Location

Germany

Company Website

www.fakturia.de

Categories and Features

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Categories and Features

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

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