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SK Global Software's Revenue Automation Suite provides integrated contract, revenue, and billing functionality to help manage "multi-element arrangements" (now referred to as Performance Obligations) in the NEW Accounting Standard 606),that are common in many industries. Performance Obligations, or rather contracts for both product and services with different delivery and revenue recognition criteria, present multiple challenges for fast-moving organizations including:
- Meeting Accounting Standard 606 and other compliance standards
- Delivering accurate revenue recognition and meeting new FASB and IASB standards requirements
- Automating the management of multiple and complex agreements
- And making the most of renewal and cross-sell opportunities
Our Revenue Automation Suite is the only Dynamics-based solution that integrates and automates end-to-end functions for performance obligations, empowering them to increase efficiency and grow their business. As an option, the solution can be delivered on premise or in the cloud.