Contracts and Performance Obligations
Use rules-based identification and creation of customer contracts and performance obligations.
Leverage flexible, user-configurable rules from contract identification to revenue accounting generation.
Simplify and automate revenue accounting across product bundles.
Allocate revenue according to published guidance.
Performance Obligations: Point-in-Time or Over-Time
Book revenue when performance obligation is satisfied, and easily manage complex satisfaction schedules.
Independent of Billing
Process revenue independently of billing.
Liabilities and Assets
Accrue liabilities and assets with respect to performance obligations valued at expected consideration.
Recognize revenue on successful transfer to customer at performance obligation revenue values.