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What is Soluqube?

Soluqube is a tailored tool for revenue recognition, specifically designed to assist finance departments and auditing professionals in the evaluation of revenue generated from contracts. This application enables users to verify performance obligations and standalone selling prices, aiding in the calculation of relative SSP allocations while producing detailed schedules that adhere to ASC 606 and Ind AS 115 standards. For contracts denominated in INR, Soluqube ensures that the 18% GST is distinctly separated from revenue before the amortization process begins. Its review workspace effectively links obligations with pertinent excerpts from contract clauses, and users benefit from export capabilities that include comprehensive schedules, supporting workpapers, and SHA-256 integrity hashes for enhanced security. The advanced calculation engine functions using integer arithmetic with cent rounding, deliberately attributing any leftover cents to the final schedule period to guarantee that deferred revenue totals zero by the conclusion of the term. Moreover, the platform accommodates single-contract audits and offers a hosted subscription model that integrates smoothly with ERP systems for exporting schedules, along with options for customizable on-premise deployments. Nevertheless, the absence of features like live ERP connectors and the ability to account for contract modifications points to areas ripe for future enhancement and innovation in the software. As the demand for efficient revenue management tools grows, Soluqube has the potential to evolve further in response to user needs.

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.

Media

Media

Integrations Supported

Integrations Supported

Chargebee
HubSpot CRM
HubSpot Customer Platform
Microsoft Excel
QuickBooks Online
Salesforce
Zoho CRM

API Availability

API Availability

Pricing Information

$499 one-time
$0 for an audit-defense workpaper covering up to 3 contracts. A single-contract stack costs $499 one time. Hosted subscription is $999/month with a 20-run daily cap. A custom annual license is available for On-Premise deployment.
Free Version

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support

Training Options

Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Soluqube

Date Founded

2026

Company Location

India

Company Website

soluqube.com

Company Facts

Organization Name

Chargebee

Date Founded

2010

Company Location

United States

Company Website

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

Categories and Features

Revenue Recognition

Not specified

Categories and Features

Revenue Recognition

Not specified

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