As I am sure many of you are well aware, FASB recently proposed a one year deferral for the new revenue recognition standard, ASC 606. Even though these changes are now a little further away and many companies seem to breathing a sigh of relief, it would be a mistake to procrastinate. The results of […]
“Revenue Recognition for Services and Contract” Webcast Recap
On February 24 Jeffrey Werner, a Silicon Valley software revenue recognition expert and lecturer, presented a complimentary webcast on “Revenue Recognition for Services and Contract.” If you missed this opportunity you can watch the recording here or click here to download the slides. In the video below Jeffrey provides an overview of the information covered […]
Cleo Gains Confidence Managing Their Revenue With Tensoft
We recently had the opportunity to visit our friends from Cleo and talk to them about the effects Tensoft RRM has had in managing their complex revenue – more particularly, their deferred revenue. Before Tensoft RRM, Cleo had difficulties reporting their revenue and having the confidence behind the numbers they were reporting on spreadsheets, which […]