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Description
Stripe Revenue Recognition simplifies the process of accrual accounting, allowing for a swift and precise closing of your financial books. By automating and tailoring revenue reports, it aids in adhering to IFRS 15 and ASC 606 revenue recognition standards effortlessly. As your business expands, managing revenue can quickly turn into a cumbersome and error-prone task. That's why we've integrated a revenue recognition feature directly into Stripe, enabling you to automate the accounting process for your transactions and billing agreements. Our solution adeptly manages intricate situations, including upgrades, downgrades, prorations, refunds, and disputes without hassle. With reliable data at your fingertips, you can prepare financial statements that are ready for audits and attain a complete understanding of your business operations. You can easily access all your Stripe transactions and terms while also importing data from non-Stripe sources through the dashboard. Plus, you can generate accounting reports that come pre-configured, eliminating the need for dedicated engineering resources and allowing you to focus on what truly matters—growing your business. This seamless integration ensures that all aspects of your revenue accounting are handled efficiently, giving you peace of mind.
Description
If your organization is facing challenges with revenue recognition, you’ve come to the right destination! From dealing with unreliable spreadsheets and tedious audits to addressing revenue leakage and compliance hurdles, Tensoft Revenue Lens® is here to assist you! When OrthoFi, a technology-driven service for orthodontic practices, sought a reliable solution for their intricate revenue recognition demands, they chose Tensoft Revenue Lens as their partner. Check out the case-study video above to discover how Tensoft Revenue Lens effectively supported their evolving requirements and transformed their challenging audits into seamless experiences. Gain insight into how Tensoft Revenue Lens implements the new 'five-step model' in accordance with the ASC 606 and IFRS 15 revenue recognition standards, ensuring compliance and efficiency in the process. Additionally, this solution allows businesses to focus more on their core operations while enhancing financial accuracy.
API Access
Has API
API Access
Has API
Integrations
Adyen
PayPal
Payrix
QuickBooks Online
Square POS
Stripe
WePay
Zoho CRM
Integrations
Adyen
PayPal
Payrix
QuickBooks Online
Square POS
Stripe
WePay
Zoho CRM
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Stripe
Founded
2010
Country
United States
Website
stripe.com/revenue-recognition
Vendor Details
Company Name
Tensoft
Founded
1996
Country
United States
Website
www.tensoft.com
Product Features
Product Features
Financial Management
Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management