With the new revenue recognition rules ASC 606, IFRS 15, and AASB 15, accounting has become ever more complex.
Having an ERP integrated with your CRM lets you centralise revenue data efficiently, whether your organization has product-based revenue models, SaaS models, bundled and usage-based contracts, or any combination thereof. The correct revenue recognition tool will automatically recognize revenue directly from the source, including opportunities, orders, contracts, projects, and invoices.
Advanced ERP systems can handle complex use cases, including multi-element arrangements and revenue allocations. Accounting may be more complex than ever, but a flexible ERP makes it easier than ever before.
ION can provide the guidance you need to tackle and implement the appropriate revenue recognition rules.