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FinancialForce Revenue Management

Name: FinancialForce Revenue Management
Rating: 4.5 (2 reviews)

By FinancialForce

896 Interested

Highlights : About FinancialForce Revenue Management

FinancialForce PSA and FinancialForce Accounting integartio

Supports multiple compliance standards

Multiple options for item organization

About FinancialForce Revenue Management

FinancialForce Revenue Recognition eliminates the need for spreadsheets and manual processes by automating recognition calculations and entries. The app is native to the Salesforce platform meaning you can sync all revenue and financial related data, removing room for error and missing entries. This integration also helps to increase visibility and enhance the audibility of your revenue recognition activities, identifying duplicate entries, posting errors and identifying source data. FinancialForce Revenue Recognition ensures compliance with AICPA, FASB and SEC regulations and Sarbanes-Oxley compliance with Section 404 You can use FinancialForce Revenue Recognition to link to objects in Salesforce such as opportunities and cases, as well as custom objects such as contracts and service agreements. The app not only links to Salesforce, but also to the FinancialForce PSA and Accounting apps, linking to sources such as expenses, timecards, sales invoices and credit notes. You can also use ClickLink™ to import source information from your preferred 3rd party apps.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Automate recognition calculations

Identfies duplicate entries and errors

Process multi elements arrangements

Calculations based on multiple variables

Multiple options for item organization

Flexible year and period definitions

Standard and custom reports

Supports multiple compliance standards

FinancialForce PSA and FinancialForce Accounting integartio

Benefits

Perform calculations based on equal split, % complete, or deliverables, Total revenue, Total units X rate, Total revenue x VSOE %, Total units x rate x VSO%, and Total units x VSOE rate.

Organize items by projects, milestones, time cards, invoices, credits, refunds, expenses. View revenue by account, customer, project, group, region, practice or cost center.

Native to the Salesforce platform meaning all data is synced and data sources are easily identifiable. Salesforce Chatter integration.

Supports AICPA, FASB and SEC regulations (including SOP 81-1, SAB 101, and EITF 00-21), as well as the requirements for Vendor Specific Objective Evidence or VSOE. Also supports Sarbanes-Oxley compliance with Section 404.

Use ClickLink™ to integrate to your chosen third party applications without coding.

Integrates with FinancialForce PSA and FinancialForce Accounting.

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