Revenue management can no longer
live in spreadsheets. NetSuite's
award-winning financials software
simplifies the complexities of evolving
revenue recognition mandates, no
matter if a sale encompasses a single
performance obligation, a series of
obligations spanning a time period, or
diverse obligations in a bundle. The
results are "always on" compliance,
real-time revenue intelligence and
Streamline. Automate. Comply.
Compliance with Evolving Standards
Comply with industry guidance and mandates
for today and tomorrow. NetSuite Revenue
Management works seamlessly with
Multi-Book Accounting to account for a
single transaction under multiple standards.
Real-time Revenue Intelligence
Analyze actual revenue impacts as well as
forecasts that dynamically respond to actual
postings to give an updated expected
revenue picture for future periodsall with
the ability to drill back into the source sales
document or transaction.
Break free from the shackles of myopic
financial solutions with a robust and nimble
framework that supports your revenue
management needs from end-to-end.
Copyright 2017, Oracle and/or its affiliates. All rights reserved.
Revenue Recognition General
Sales transactions can involve a single action
involving a product or service (i.e. tax return
preparation by a CPA firm) or a series of
actions (i.e. project with multiple milestones).
Whether an equal amount of revenue must
be recognized at fixed intervals or different
amounts must be recognized at different
intervals, NetSuite Revenue Management
enables you to schedule revenue to be
recognized at the proper time automatically.
Automate Planning Automatically schedule
revenue to recognize in the appropriate
period based on rules. Re-usable Revenue
Rules govern the triggers, the creation
and commencement of a Revenue Plan
associated to a sales transaction, as well as
the plan d