Stripe Revenue Recognition Description
Stripe Revenue Recognition simplifies accrual accounting, so you can close your books quickly. To simplify compliance with IFRS 15, and ASC 606 revenue recognition standards, automate and configure revenue reports. Accounting for revenue can quickly become complicated and error-prone as your business grows. Stripe has a revenue recognition solution that automates accrual accounting for transactions and billing terms. Stripe Revenue Recognition handles complex situations, including upgrades, downgrades and prorations, refunds, disputes, and other scenarios. You can create audit-ready financial statements with accurate data and get a complete view of your business. You can view all Stripe transactions and terms automatically. You can also import non-Stripe data directly from the dashboard. You can generate ready-to-use accounting reports. There is no need to invest in engineering resources.
Stripe Revenue Recognition Alternatives
Recurly
Our partnership and platform accelerates and enhances every aspect of the subscription lifecycle—from plans, pricing, and promotions and subscriber management, to payments optimization, recurring billing, churn management, and revenue recognition. Recurly delivers:
- Scalability: Our platform is built for growth, adapting effortlessly to your evolving needs. Enter new markets and manage expansion without skipping a beat.
- Subscription Insights: Gain data-driven expertise on subscriber behaviors and preferences, empowering you to make strategic decisions that bolster your bottom line.
- Subscriber Retention: We perfect the art of retention through personalization for heightening customer engagement and robust churn management solutions.
- Profitable Growth: Our technology isn't just sustaining; it's growth-accelerating, driving operational efficiency and fostering innovation.
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Binary Stream Subscription Billing Suite
Real-time reports that include all revenue streams will make your data actionable and transform it from inaccessible to actionable. Subscription Billing Suite provides a powerful engine to manage complex pricing and billing models. It is a proven way to make better business decisions. Automated billing and evergreen renewals allow you to take complete control of your billing per item or contract. Flexible pricing structures allow you to discover new revenue streams that will suit your business needs. Intelligent deferral schedules can streamline your revenue recognition process and reduce your dependence on manual processes that are time-consuming and often error-prone. With comprehensive and accurate deferrals management, you can simplify revenue recognition and improve the performance of your accounting team.
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Chargebee
Chargebee is a subscription management and recurring billing tool that helps SaaS businesses streamline Revenue Operations. Chargebee integrates seamlessly with leading payment gateways such as PayPal, Braintree and Stripe. All over the globe, Chargebee allows you to automate recurring payments collection, invoicing, taxes and email notifications.
Chargebee manages all your critical workflows, from lead to ledger, with powerful integrations that include Salesforce and Quickbooks, Avalara and Slack.
Chargebee Retention is the best-of-breed solution that helps you avoid cancellations on a scale that suits your needs. It offers personalized experiences that deliver results and provides a way to deflect cancellations. To ensure a relevant and personalized cancel experience, you can run experiments based upon customer and subscription attributes.
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QuickBooks Online
QuickBooks Online is the most widely used accounting software in the entire world.
QuickBooks Online simplifies accounting. Accounting software for small businesses that is #1 makes it easy to track receipts, income, transactions and more.
You can take photos of receipts to link them with expenses. Our agents are available to answer any questions you may have about QuickBooks. Keep your business running smoothly by using the apps that you love. QuickBooks Online is compatible with PCs, Macs, tablets and phones.
Click the link to get a 30-day free trial, and 50% off for your first three months.
QuickBooks is more than just accounting software. QuickBooks helps you keep track of your income and expenses so that you can prepare for taxes. Customers save an average of $3,534 per year.
Need more help? QuickBooks Live helps you to stay organized and ready for tax season. QuickBooks Mobile is a mobile application that helps you run your business anywhere, anytime.
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Integrations
Company Details
Company:
Stripe
Year Founded:
2010
Headquarters:
United States
Website:
stripe.com/revenue-recognition
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Product Details
Platforms
SaaS
Type of Training
Documentation
Videos
Customer Support
24/7 Live Support
Online
Stripe Revenue Recognition Features and Options
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