Intacct Revenue Recognition software Funcitonality
Revenue recognition software
Intelligent, automated, compliant revenue recognition—with complete support for AASB 15.
Automate day-to-day revenue recognition tasks and regulatory compliance
Sage Intacct removes the complexity, time, and frustration associated with revenue recognition. We help you simplify revenue management by flexibly configuring expense amortisation to match or differ from your revenue recognition terms. With Sage Intacct, you can meet the AASB 15 compliance challenge.
Align revenue recognition with expense allocations
Templates and schedules in Sage Intacct mean you can automatically recognise revenue according to accounting standards. Sage Intacct lets you recognise revenue and amortises expenses, even as contracts change.
Automate your most important process—turning orders into cash
Sage Intacct’s recurring-revenue management software lets you integrate with Salesforce for a seamless, bidirectional flow of order, customer, and contract data to save time and reduce manual errors. Streamline subscriptions and recurring-revenue recognition with real-time updates to accounting and billing for discounts, usage, renewals, upgrades, cancellations, and other changes.
Deliver relevant insights to all stakeholders
Customised dashboards and reports give you deep, actionable views into revenue value and profitability by contract, products, divisions, and more. Sage Intacct shows you every stage of the revenue lifecycle: order, fulfillment of performance obligations, revenue recognition, billing, and collection—so you’re ready with quick answers for customers and colleagues.
Out-of-the box revenue recognition functionality
Enjoy out-of-the-box functionality that reduces the need for IT resources. You can handle revenue management requirements with configuration, not scripting. Structure your workflows to capture and edit contracts natively in Salesforce without additional integration software.
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Contract revenue management data sheet
Customer Case Study
Brett Belcastro, Revenue Controller
Sage Intacct’s revenue recognition solution lets us keep everything centralised, even though we’re managing fairly complex, multi-subscription contracts on annual or quarterly billing schedules. The system does a good job of handling different revenue recognition templates for each subscription type—improving our whole order-to-cash process and increasing the accuracy of our financial data. Now, when our sales team closes a deal in Salesforce, order details are automatically added to Sage Intacct, my team validates the revenue schedule, and then generates an invoice in just five minutes.