Powering Top Accounting Teams with Automated Revenue Recognition
Why RightRev
With RightRev, mid-size and enterprise businesses can embrace complexity confidently, knowing they have a powerful, flexible, and scalable revenue recognition solution that drives them toward operational efficiency.
What sets RightRev apart
When we set out to build RightRev, we wanted to build something that made accountants the heroes of the business. By automating cumbersome tasks, accountants can deliver faster, more strategic insights. We sought to provide a better user experience, easier implementation, and superior performance.
We understand that mid-size and enterprise businesses operate differently. They need a flexible solution to stay agile and easily introduce new ways of selling while efficiently processing very large amounts of revenue data and contract changes. We’ve demonstrated our ability to process nearly a billion transactions within minutes and close the books faster- performance required for growing mid-size and large, enterprise organizations.
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Real-time Revenue
RightRev was built with every revenue recognition scenario in mind, from simple to the most complex. Automate your revenue recognition process and have access to revenue data…in real-time.
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No Code, Flexible Configuration
No code, no IT team required. Revenue rules can be configured in a matter of seconds to define when and how to recognize revenue. Recognize using any method- subscription bookings, billings, milestones, percentage of completion, upon usage, delivery, and more.
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Unmatched Scalability
Our modern infrastructure sets a new standard for handling high-volume transaction throughput. Our highly performant software can process large amounts of transactions with minimal disruption.
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Expert Support at Every Step
With RightRev, you’ll be supported by revenue recognition experts who understand revenue accounting and the need for compliance and controls. From implementation to transition care to ongoing customer support, we’re with you every step of the way.
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Compliance and Security
We adhere to the most stringent security standards, SOC1 and SOC2 compliance, alongside meeting revenue accounting regulatory requirements like ASC 606 and IFRS 15. Our permission-based roles and audit trails ensure compliant operations.
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Faster Close
A faster close starts with accurate and readily available data. We provide both! No more scrambling at month-end to pull endless reports. Your revenue data is always ready, allowing you to close the books faster.
We solve the toughest Revenue Recognition challenges
Automate all of your use cases for maximum performance
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High Volume
RightRev is proven to handle high transaction volumes without sacrificing month-end performance. Whether you have hundreds or billions of transactions, our modern architecture can process them quickly.
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Complex Arrangements
Complex, multi-element product or service contracts and bundling make identifying individual performance obligations challenging. Additionally, multiple transaction currencies and legal entities only complicate the process further. RightRev helps automate these complex arrangements through our highly composable revenue configuration processes
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Contract Modifications
Automatically group amendments, recalculate revenue and apply allocations without manual intervention.
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Reporting Headaches
Out-of-the-box GAAP and operating reports make “cutting to the chase” much easier. Spend time analyzing and providing strategic guidance instead of running report after report.
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SSP Calculation and Analysis
Automate tedious SSP calculations using intelligent historical analysis or our SSP calculator. Automatically apply SSPs to performance obligations.
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Data Connectivity
Our API-first model makes it easy to share your data across your existing applications. Pre-built upload templates make consolidating revenue contract data the easiest part of your job.
See how automating revenue recognition works
Don’t just take our word for it. Read what our customers are saying.
“Combining front-end and back-end motions in Salesforce Revenue Cloud and RightRev for automated revenue recognition will optimize our accounting processes for maximum efficiency; saving time, reducing errors, and allowing us to close the books faster.”
“From the start of our conversations through go-live, the RightRev team has been fully committed to our success and we appreciate the investment they made in us. We challenged the implementation team with some unique requirements, and they came up with solutions for everything we presented.”
“As we think about the future of Epicor, we think about scalability, completeness, and accuracy of data, and automation. As these objectives are difficult to obtain with our current manual processes, we have decided to partner with RightRev to help streamline not just how we do things today, but how we want to do things for the foreseeable future.”
Transform your accounting team into a growth driver instead of a cost center
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100M+
Demonstrated ability to process hundreds of millions of transactions within minutes.
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$12B+
in customer revenue processed through RightRev
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5X
Close the books 5X faster so you can spend time on more strategic initiatives. In a third-party analysis, RightRev demonstrated a 5X faster close than alternative solutions.