Is your company prepared? The upcoming ASC 606 revenue standard changes, with an effective adoption date of December 15, 2017 for public companies, aren’t just a back-office issue. They have the potential to heavily impact your sales, marketing, compensation, contracts, pricing strategies – almost everything.
Zuora’s RevPro solution meets the ASC 606 and IFRS 15 standards, but perhaps just as importantly, automates your entire revenue accounting process. Your business deserves to focus on growth without fretting about compliance.
Download our ASC-606 & IFRS 15 Success Kit for immediate, concrete advice on:
What’s changing and why
A five-step process for recognizing revenue from contracts with customers
The impact on policies, systems, and processes followed by Finance and Sales Operations teams
Effects on growth and how to ensure compliance isn’t at the cost of growth
How Zuora’s RevPro can help you be compliant with the new regulations (and continue to grow!)
“The revenue standard is one of the biggest accounting changes in over a decade. It will impact every industry and is applicable to every company. The reach of the guidance stretches to all contracts with customers with certain exceptions.”
“We have before us a perfect accounting storm, the likes of which has not been seen since the late 1990s….The new annual report period starts on December 15, 2018 which is just around the corner.”
“Hopefully, fear is what you’re feeling now.”
-Josh Paul, Director of Accounting, Google Inc.