Revenue recognition is an inherently complex process. And if not done correctly, it can prove to be excruciatingly cumbersome!
As such, professional services organizations need to carefully navigate this complexity to ensure they recognize revenue accurately and on time. However, doing so can be difficult especially when relying on manual processes and point solutions. In fact, trying to recognize revenue manually, in addition to being highly inefficient, risks significant errors that can result in non-compliance with industry standards.
To avoid these issues, professional services organizations can consider automating revenue recognition by adopting an AI-powered PSA solution.
Polaris PSA can help services organizations not only prevent errors but also help them manage compliance with international revenue recognition standards.
Join us for an exclusive webinar on October 9th, 2024, 12:00 PM AEDTOctober 9th, 2024, 2:00 PM GMTOctober 9th, 2024, 11:00 AM EDTOctober 9th, 2024, 11:00 AM PDT to explore how Polaris PSA can help organizations like yours automate their revenue recognition process with capabilities like:
- Quick revenue reconciliation with contracts, WIP, and billing
- Complex revenue contract modeling
- Comprehensive project accounting for accurate financial reporting
Register now to reserve your seat!
Revenue recognition is an inherently complex process. And if not done correctly, it can prove to be excruciatingly cumbersome!
As such, professional services organisations need to carefully navigate this complexity to ensure they recognise revenue accurately and on time. However, doing so can be difficult especially when relying on manual processes and point solutions. In fact, trying to recognise revenue manually, in addition to being highly inefficient, risks significant errors that can result in non-compliance with industry standards.
To avoid these issues, professional services organisations can consider automating revenue recognition by adopting an AI-powered PSA solution.
Polaris PSA can help services organisations not only prevent errors but also help them manage compliance with international revenue recognition standards.
Join us for an exclusive webinar on October 9th, 2024, 12:00 PM AEDTOctober 9th, 2024, 2:00 PM GMTOctober 9th, 2024, 11:00 AM EDTOctober 9th, 2024, 11:00 AM PDT to explore how Polaris PSA can help organisations like yours automate their revenue recognition process with capabilities like:
- Quick revenue reconciliation with contracts, WIP, and billing
- Complex revenue contract modelling
- Comprehensive project accounting for accurate financial reporting
Register now to reserve your seat!
