RightREV
RightRev is a Revenue Recognition Software Solution designed to streamline and automate complex revenue management processes for businesses.
It enables organizations to achieve compliance with ASC 606 and IFRS 15 accounting standards by providing robust capabilities for revenue recognition, contract modifications, and performance obligation tracking.
TOP 3 CHALLENGES ADDRESSED
Revenue Complexity: Whether you have frequent contract modifications, SSP allocations, product bundles, or multi-element arrangements, RightRev was built with every revenue recognition scenario in mind, from simple to the most complex.
High Volume Processing: Our modern infrastructure sets a new standard for handling high-volume transaction throughput. Our highly performant software can process large amounts of transactions with minimal disruption.
Reduce Manual Workflows: RightRev automates revenue recognition to eliminate errors and reduce audit risks. Spend less time running reports and more time doing strategic analysis.
TOP 3 DIFFERENTIATORS
No Code, Flexible Configuration
No code, no IT team required. With RightRev, revenue rules can be configured in a matter of seconds to define when and how to recognize revenue.
Scalability
As businesses grow, revenue recognition can get messy. RightRev streamlines any type of revenue—subscriptions, usage, services, or a mix. RightRev handles high transaction volumes rapidly, so you’re never held back.
Real-Time Visibility
Say goodbye to month-end surprises. With RightRev’s real-time revenue visibility, you’ll spot potential issues before they become problems, ensuring smooth financial operations and accurate forecasting.
VALUE DELIVERED TO CUSTOMERS
PRODUCT & IMPLEMENTATIONS
ALL PRICING & TIMELINES ARE AVERAGES/ESTIMATES & ARE SUBJECT TO VARY DEPENDING ON EACH COMPANY’S SPECIFIC REQUIREMENTSAI Features
Audit Trails
Commenting & Notes Capabilities
AVERAGE ANNUAL LICENSE COST
Drill-Down Capabilities
Under $25K
$25K - $100K
$100K+
IMPLMENTATION DEPLOYMENT METHOD
Self-Implementable
Assisted Implementation
AVERAGE IMPLEMENTATION TIMELINE
Immediate
0 - 3 mos
3 - 6 mos
PRODUCT FEATURES AVAILABILE
Errors & Anomalies Detection
Integration Enabled
Modular Features
Multi-Currency
Multi-Entity
Customizations Available
6 - 12 mos
Real-Time Collaboration
Reconciliation Enabled
Regulation Compliant
Reporting & Analytics
Role-based Permissions
Workflow Approvals
THE RIGHT CUSTOMER FIT
STAGE
Start-up / Small-sized
Mid-sized
Enterprise
BUSINESS MODEL
B2B
USE CASE & REQUIREMENT COMPLEXITY
LOW: single-entity orgs with straight-forward processes
MEDIUM: high-growth organizations with evolving offerings
HIGH: multi-entity, global organizations with intricate processes
B2C
D2C
INDUSTRY
Technology & SaaS
Healthcare & Life Sciences
Manufacturing & Dist.
Professional Services
IDEAL TRANSACTION VOLUME
LOW
MEDIUM
HIGH