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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 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.

Media

Media

Integrations Supported

QuickBooks Online

Integrations Supported

API Availability

API Availability

Pricing Information

$89 per month
Free Trial Offered?

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

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Online Training

Company Facts

Organization Name

TrueRev

Date Founded

2015

Company Location

United States

Company Website

truerev.com

Company Facts

Organization Name

Soluqube

Date Founded

2026

Company Location

India

Company Website

soluqube.com

Categories and Features

Revenue Recognition

Not specified

Categories and Features

Revenue Recognition

Not specified

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