Avoid Compliance Risks With Automated Revenue Recognition
While revenue recognition is a critical business function, it is also significantly complex. Trying to manually recognize revenue can cause inaccuracies, resulting in financial compliance penalties. To help organizations avoid those risks, Polaris PSA provides AI/ML-powered capabilities to help automate revenue recognition with industry-supported standards - ASC 606 and IFRS 15.
- How to leverage revenue recognition as an extension of the billing platform
- Experience quick revenue reconciliation with contracts, WIP and billing
- Explore the revenue recognition standards – ASC 606 and IFRS 15