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What is TrueRev?

TrueRev is a specialized operations platform tailored for B2B subscriptions and SaaS businesses, streamlining processes such as revenue recognition and deferred revenue, along with real-time management of scheduled invoices and SaaS metrics, all at a significantly lower cost compared to traditional enterprise software solutions. The platform features seamless one-click integration with QuickBooks Online and offers all functionalities for a complimentary 14-day trial period. Users can effortlessly transition their revenue schedules from Excel while ensuring compliance with ASC 606, and generate crucial subscription metrics such as MRR, ARR, bookings, churn, and cash flow, while also tracking new deals, cancellations, upgrades, and expansions. Key features encompass revenue recognition, deferred revenue management, automated billing, contract renewals, detailed SaaS metrics, journal entries, shared reporting, document management, and evergreen contracts. Sal Abdulla, the CEO of ZenFinancials, stated, "TrueRev provides a platform which simplifies financial operations and removes errors, increasing clarity for all," underscoring the effectiveness of the tool in enhancing operational accuracy and transparency. With TrueRev, businesses can optimize their financial processes while fostering growth and efficiency.

What is Rillet?

Combine your Stripe and CRM data to facilitate the automation of essential processes such as customer revenue recognition, invoicing, and monitoring accounts receivable aging. Effortlessly explore key metrics like annual recurring revenue, net revenue retention, and logo retention cohorts, along with detailed SaaS profit and loss statements and comprehensive GAAP financial reports. Work in partnership with specialists who truly understand your obstacles and can provide effective solutions. Rillet AI can enhance your end-of-period closing process, simplifying cumbersome workflows by condensing them into concise summaries. Perform data analysis in just seconds, eliminating the hassle of multiple data exports, complex pivot tables, and lengthy lookups. By ensuring real-time synchronization with your CRM, Rillet AI automatically generates a revenue waterfall and deferred revenue schedules. You can also make modifications to existing contracts with ease and create customized revenue patterns. Additionally, connect effortlessly with over 11,000 banks and credit unions, while benefiting from our cutting-edge machine-learning algorithms that achieve a remarkable 90% accuracy in transaction matching. This revolutionary strategy not only saves valuable time but also significantly boosts your financial management efficiency, ultimately leading to improved decision-making and strategic planning. As a result, your organization can achieve greater agility and insight in its financial operations.

Media

Media

Integrations Supported

Avalara
Brex
Expensify
Gusto
HubSpot CRM
HubSpot Customer Platform
Justworks
QuickBooks Online
Ramp
Rippling
Salesforce
Snowflake
Stackpack
Stripe
TaxJar
Taxwire

Integrations Supported

Avalara
Brex
Expensify
Gusto
HubSpot CRM
HubSpot Customer Platform
Justworks
QuickBooks Online
Ramp
Rippling
Salesforce
Snowflake
Stackpack
Stripe
TaxJar
Taxwire

API Availability

Has API

API Availability

Has API

Pricing Information

$89 per month
Free Trial Offered?
Free Version

Pricing Information

$199 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

TrueRev

Date Founded

2015

Company Location

United States

Company Website

truerev.com

Company Facts

Organization Name

Rillet

Company Website

rillet.com

Categories and Features

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

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

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