ASC 606 Adoption Help is Here
By Jim Staats, Senior Account Manager at Zuora Cavalry, n., ca-val-ry, from French cavalerie or cheval ‘horse,’ soldiers or warriors who fought mounted on horseback. Historically, the cavalry had the advantage of not only improved mobility, but greater height, speed and inertial mass over an opponent on foot. Hey folks, while it is true the cavalry […]
Crazy Eights: Meet the Revenue Experts in Eight Fun Questions
Editor’s note: Today’s post is the latest in a series of introductions to the people behind RevPro, the world’s leading revenue recognition automation solution. Geoff Robles represents Zuora as Regional Sales Manager for the Southeast portion of the U.S., having joined the company more than two years ago. Geoff’s two decades of experience in enterprise […]
Zuora Successfully Re-certified on SOC 2 Type 2, But Why?
By Jim Staats, Senior Account Manager at Zuora With the recently completed Service Organization Control 2 Type 2 (SOC 2 Type 2) audit resulting in another re-certification for our Software-as-a-Service (SaaS) platform, RevPro OnCloud, some may be left wondering what’s the big whoop while others might say, “…and ?” To answer the former, the ‘big […]
Assessment Tales: Big Firms Taking the 606 Plunge
Whether you like it or not, the impending effective date for ASC 606 is soon upon us all. Don’t say we didn’t warn you. Some of the bigger companies well into implementation efforts are finding as much work lies ahead as behind, according to commentary recently reported by Compliance Week, based on a Financial Executives International […]
High Volume Demands High Performance
Let’s say your company has an estimated $10M in annual revenue with $2 dollars-a-month in subscription revenue. In this scenario, consider the annual subscriptions and billing and just how many transactions are required to reach that sum. Your revenue recognition management system must process each of those transactions one by one, and fast. No small […]
Let’s Survey the Demise of Spreadsheets
Have all the data transfer rates, director commentaries and big-digit lens aperture you want, DVD and Blu-ray, your days are numbered, you just don’t know it yet. Once home video offerings of subscription on-demand services and cable on-demand took root, the death knell toward obsolescence started chiming for those prior distribution technologies. Just ask PwC. (Don’t even […]
Big Shift to Smarter Software
You don’t have to be the head honcho of a global tech giant to gaze into the future and offer insightful predictions on what’ll shape our technological future, but it sure doesn’t hurt when it comes to expanding that narrative’s outreach. Salesforce CEO Marc Benioff, speaking at the Forbes CIO Summit last month, said the […]
Is It Time to Automate Your Revenue? Yes!
We’re not averse to piggypacking on published material, especially when it comes from members of our partner community, is a good read and, quite frankly, is in our wheelhouse. Who besides a parent with sciatica doesn’t appreciate a good piggyback? In an opinion piece for CFO.com, John McGaw and Jeff Johnson, leaders at EY with years […]
Leeyo Around the ‘Bay’ and Beyond
Leeyo Software was out and about last week with no plans to slow down. With a couple significant revenue recognition conferences right in our own SF Bay Area backyard, we wouldn’t think of passing up the opportunity to not only attend, but participate. At both the “Revenue Recognition Accounting Update 2016,” presented by ACS, and “Revenue […]
Field Dispatch Backs New Guidance Adoption Turbulence
We make it a point to not just be on top of critical revenue recognition conversations, but deep in the middle of them. You don’t become the industry leader in automated solutions compliant in IFRS 15 and ASC 606 or call yourselves “The Revenue Experts” without that mentality. The heady conversations of today swirl around confusion over adoption […]
Leeyo joins Zuora Conference in Las Vegas
Sometimes, what happens in Vegas isn’t meant to stay in Vegas. Leeyo Software CEO, Jagan Reddy, was invited to speak at the Zuora Conference in Las Vegas last week. As part of our valued partnership with Zuora, the subscription billing, commerce and finance leader, we were delighted to be in attendance at the two-day program, […]
Why Auditors Love RevPro… and Why They Don’t
Love is in the air. Or at least it sure feels like it around this time of the year. And, oh, the groups and individuals within a corporation who really do love RevPro. From CFOs to business analysts, revenue directors and stakeholders, let us count the ways. No really, we are good at accounting and could if called upon. […]