Chargebee RevRec
Chargebee RevRec is built-in revenue recognition software that helps your finance team to close their books quickly and completely with automated, GAAP-compliant reporting for recurring revenue businesses.How do you position yourself against your competitors?Chargebee’s RevRec module offers a revenue subledger tailored towards the accounting and finance professional. A tool built by accountants for accountants.RevRec, as a subledger supported by a month end close, automates recognition through the entire contract lifecycle by automatically processing modification events, and booking the adjustment to revenue in the correct, open accounting period.The UI is easy to navigate, key financial metrics are on hand, reporting is flexible whilst still providing the granularity that is required to answer the tough questions.RevRec utilizes a no frills approach to these metrics, to present data in the format that most finance professionals are used to.RevRec’s Accounting Rules Library provides a tremendous amount of flexibility for the instantiation of your accounting policy. Furthermore, the end-user has full control over updating these policies which enables our customers to not only gain compliance day 1, but also maintain compliance as they scale.
