Overcoming Contract Management & Revenue Recognition Challenges
Published: May 06, 2016
Managing revenue, cash flow and forecasting can be some of the most challenging areas for organizations that handle complex or high volumes of contracts. Even more so today in the midst of increasing intricacies and changing regulations.
Please watch the previously record webinar featuring Jeffrey Werner, Silicon Valley Revenue Recognition expert and lecturer, as he covers the following topics:
- Explanation of what contract details/elements you need to address in your ERP
- Five steps to revenue recognition under ASC 606
- Contract Modifications: Impacts of addendums, changes and adjustments to transaction prices
- Discover if your current accounting system can handle aspects of the new regulations
In addition, revenue recognition and technology experts from Tribridge will provide practical guidance on how our Advanced Contract Management solution can help automate and optimize the processes associated with revenue recognition and complex contractual relationships.
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