SaaS companies everywhere are facing a revenue recognition plight that is only becoming more urgent. They need to keep tight compliance with accounting standards such as ASC 606, stand up to investor scrutiny after a year of record-breaking funding, and keep an eye on their profits and margins as the market cools. There’s never been more pressure to accurately report revenue.
This guide explains why revenue recognition has become so complex and how to effectively streamline the process. It shows how existing rev rec systems are slow and tedious, and why SaaS companies need an end-to-end framework that can track revenue throughout the lifecycle of a contract.
