Customizable rules, advanced revenue recognition protocols, and configurable dashboards to meet your company’s reporting needs
Everything you need to be in compliance with the latest accounting standards and to automate your use cases. Rest assured the calculations are complete, accurate, and auditable. Give your users complete visibility into your transactions, their rev rec calculations, and any exceptions-- empowering them to seamlessly own the revenue accounting process and quickly address and reconcile items
Seamless connectivity with your existing QTC applications, providing one central location for the entirety of your revenue management needs. No more monthly revenue processing and periodic reporting--our embedded rules engine will continuously process your transactions and calculate revenue, giving you real-time visibility into the business at all times.
Configurable rules to group performance obligations, products, services, subscriptions, orders and billings into revenue contracts for accurate revenue calculations
Identify performance obligations within revenue contracts and assign proper revenue rules that apply the appropriate revenue treatment for each separate performance obligation in a single revenue contract
Marketing bundles can be exploded to separate, but distinct performance obligations
Calculate and account for revenue when different contract amendments happen. RightRev’s intelligent rules engine can handle the most common types of contract changes
Calculate all the SSP values by analyzing historical transactions with the click of a button. RightRev’s configurable calculator allows you to slice and dice your data to arrive at your products’ SSPs
You are not limited to release revenue only by bookings or billings. You can set up unlimited events based on your needs. For example, deferred revenue release can be triggered by events such as product delivery, milestones completed, percentage of completion, provisioning, etc.
Out of the box reports to fulfill your reporting requirements, plus hundreds of pre-calculated metrics to enable ad-hoc reporting and dashboards
Revenue projections based on open opportunities are already built-in for revenue modeling. Revenue waterfall report shows booked revenue as well as projected deferred revenue release