Xactly Commission Expense Accounting Description
A complete solution for managing commissions expenses that complies with the most recent ASC 606/IFRS 15. Automate true-up changes for any contract event, including a shift in employee status, contract adjustment, or customer churn. Any changes, such as changes in the benefit period or start dates, trigger impairments automatically. A library of pre-built dashboards and automated reports gives you a complete view of your commission expenses throughout their entire lifecycle. This includes amortization schedules and profitability statements, accounting model comparisons and summary roll forwards by group. Xactly CEA provides a complete, end-to-end solution for automating compliance with ASC 606, which includes both modified retrospective approaches and full retrospective. Integrates seamlessly with existing infrastructures, such as CRM, HRIS, CLM, and CPQ. Xactly CEA can manage any number of accounting books, and interoperates seamlessly with all downstream accounting ledgers.
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