Best Revenue Recognition Software for Microsoft Excel

Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. The software automates key financial processes, enhancing efficiency and accuracy. Sage Intacct provides real-time financial insights through intuitive and customizable dashboards, enabling data-driven decision-making. Seamlessly integrating with various business applications, Sage Intacct ensures a unified view of operations, enhancing data consistency and collaboration across departments. Its robust reporting and analytics tools allow users to generate detailed financial statements, track key performance indicators, and gain deep insights into financial performance. Sage Intacct is scalable, reliable, and trusted by thousands of organizations worldwide. It supports complex organizational structures with multi-entity management, facilitating seamless consolidations and inter-entity transactions. The cloud-based platform ensures continuous innovation, keeping your financial management tools up-to-date. With award-winning customer support, Sage Intacct empowers businesses to streamline

Accounting's interpretation of customer contracts data is made easier by one "source of truth". Tracking of deferred revenue at the lowest level using roll-forward and forecasted views. A controlled and easy-to-use library for RevRec rules, expressed at the level that you require. The standalone selling price library is a dynamic, easy-to-use Library that contains all SSP data at product level and synced with your price book. Automated capture of deferred commission expense and amortization over the contract's expected life. After factoring in variable considerations per ASC 606, identification of all performance obligations. Accounting systems require greater control. This includes strong security, user access controls and embedded balance reconciliations. It also requires preventative controls to ensure completeness and accuracy. Real-time reporting on revenue at multiple levels, across multiple dimensions, and over multiple time periods. With precision, analyze trends and explain any changes.

Trullion is an AI accounting oversight platform that automates data management, streamlines audits, and ensures accurate reporting across accounting workflows. Trullion leverages the best data infrastructure and AI models into a single source of accounting truth that also offers specialized modules for key accounting roles. Teams in areas like lease accounting, revenue recognition, and auditing can access the platform using a tailored UI while maintaining 100% confidence that their data is accurate and uniform across all relevant stakeholders. Using Trullion, accounting teams automate tedious manual work—reading contracts, recording terms, collecting data for audits, verifying the accuracy of their numbers, and reporting. Trullion reads Excel or PDF-based contracts and converts them into financial workflows that are connected to the data source. AI automatically detects and extracts important data from these agreements, and creates auditable journal entries. Accounting teams and auditors work faster with confidence, finance executives trust the results, and everyone operates from a single source of truth with Trullion.

We automate your financial data and provide you with actionable intelligence. HubiFi's fully-automated accounting and continuous reconciliations integrated with the tools that you use allow you to close a accounting period in just hours, instead of weeks. Integrate with popular accounting software, CRMs, ERPs and ERPs. Audit trail and lineage of all modifications and reports, from the report summary to the operational record. You'll never hear the phrase "data needs to settle". Real-time visibility of the company's financial results allows finance leaders to take advantage of growth and revenue opportunities instead. You'll also stay GAAP compliant. Answer questions immediately by drilling down into the data. Generate real-time financial reports. Monitoring and alerting within the month. Integrate with multiple financial and operational systems, data sources and other tools.

Transform business logic into AI powered workflows to focus on strategy instead of spreadsheets. Streamline transactions across siloed system and extend your abilities to manage entire transaction chains. Nominal normalizes, aggregates and consolidates data from siloed systems to ensure accurate financial information in one place. Nominal detects and suggests end-to-end transactions, as well as inter-company eliminations, for cleaner, auditable books. Nominal connects with your accounting software as well as the rest of your financial stack. Nominal's twin ledger is a hierarchical, multi-entity GL, which is always in sync, without migration or risk, with all your books. Nominal offers integrations with third-party systems and integrated sub-ledgers that ensure compliance with accounting standards, such as lease accounting or revenue recognition. Use generative AI to automate your unique business processes.