Automated Revenue Management – What, Why, and How?

Working manually on large volumes of data to make accurate revenue forecasts? Crunching numbers from numerous spreadsheets for monthly, quarterly, and yearly projections? Not anymore! Simplify your…

Why will automated revenue management rule 2021 and beyond?

Introduction  Among the diverse challenges finance teams are facing today, many CFOs, controllers and revenue teams are feeling intimidated by the lack of revenue management skills. While…

Revenue Disclosures under ASC 606 and Ayara

We begin by understanding ASC 606. The financial accounting board issued Accounting Standards Codification(ASC) 606 that impacts all businesses that enter into contracts to transfer goods and…

Be clear about “R” of Revenue Recognition

Let us start with understanding what is revenue recognition in simple terms.  It is a generally accepted accounting principle of contract sharing details on how and when…

Revenue Accounting: How It Can Impact You

Revenue recognition is a generally accepted accounting principle (GAAP) that identifies the specific conditions in which revenue is recognized. Typically, revenue is recognized at the end of…