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What is Stripe Revenue Recognition?

Stripe Revenue Recognition streamlines accrual accounting, facilitating a quick and accurate closing of your financial accounts. By automating and customizing revenue reports, it supports compliance with IFRS 15 and ASC 606 revenue recognition standards with ease. As your company grows, managing revenue can become an overwhelming and error-prone endeavor. This is why we've embedded a revenue recognition feature into Stripe, allowing for the automation of your transaction and billing agreement accounting processes. Our solution skillfully navigates complex scenarios such as upgrades, downgrades, prorations, refunds, and disputes without any complications. With dependable data readily accessible, you can prepare financial statements that are audit-ready and gain a comprehensive view of your business operations. You can effortlessly track all your Stripe transactions and terms while also being able to import data from other non-Stripe sources via the dashboard. Furthermore, you can create pre-configured accounting reports that eliminate the requirement for specialized engineering resources, enabling you to concentrate on what matters most—expanding your business. This seamless integration guarantees that every aspect of your revenue accounting is managed effectively, providing you with peace of mind throughout the process. Moreover, the comprehensive support ensures that you can adapt quickly to any changes in your financial landscape.

What is MonetizeNow?

MonetizeNow emerges as the first-of-its-kind integrated platform tailored for quoting, billing, and usage purposes, specifically for B2B SaaS firms. It accommodates both simple self-service transactions and complex enterprise contracts, offering features like minimum commitments, prepaid credits, and pay-as-you-go pricing structures. Designed with the modern B2B SaaS landscape in mind, this platform fosters a unified ecosystem that brings together sales, finance, and engineering teams, allowing them to scale customer interactions efficiently without friction. By combining quoting, metering, billing, and reporting capabilities, MonetizeNow ensures a streamlined plug-and-play solution from the generation of quotes to the collection of cash across various sales channels. Organizations experience a significant reduction in manual tasks, which in turn allows for a greater emphasis on strategic pricing and innovative market entry strategies. Users can rapidly create intricate quotes and fully automate their billing processes, adeptly overseeing proration, co-term agreements, and renewal workflows to guarantee seamless operations. This ultimately leads to improved customer satisfaction and propels business growth, making MonetizeNow an invaluable tool for companies looking to enhance their operational efficiency. Additionally, its user-friendly interface and comprehensive features empower businesses to adapt swiftly to changing market dynamics.

Media

Media

Integrations Supported

QuickBooks Online
Stripe
Adyen
Avalara
Braintree
Docusign
Dropbox
HubSpot CRM
Microsoft Azure
NetSuite
PayPal
Payrix
Sage 100
Salesforce
Snowflake
Square POS
WePay
Xero
Zoho CRM

Integrations Supported

QuickBooks Online
Stripe
Adyen
Avalara
Braintree
Docusign
Dropbox
HubSpot CRM
Microsoft Azure
NetSuite
PayPal
Payrix
Sage 100
Salesforce
Snowflake
Square POS
WePay
Xero
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

Stripe

Date Founded

2010

Company Location

United States

Company Website

stripe.com/revenue-recognition

Company Facts

Organization Name

MonetizeNow

Date Founded

2021

Company Location

United States

Company Website

www.monetizenow.io

Categories and Features

Categories and Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

CPQ

2D Drawing
3D Modeling
Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal
eCommerce

Revenue Operations

AI Insights
Account Health Dashboard
Automatic CRM Updates
Contact / Activity Tracking
RevOps Automation
Revenue Dashboard
Revenue Intelligence / Reporting
Sales Analytics
Sales Forecasting
Third-Party Data Aggregation

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

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