Contracts and Performance Obligations

Rules-Based Automation
Use rules-based identification and creation of customer contracts and performance obligations

Flexible Configurations
Leverage flexible, user-configurable rules from contract identification to revenue accounting generation

Revenue Allocations

Simplified
Simplify and automate revenue accounting across product bundles

Compliant
Allocate revenue according to published guidance

Satisfaction Schedules

Performance Obligations: Point-in-Time or Over-Time
Book revenue when performance obligation is satisfied, and easily manage complex satisfaction schedules

Independent of Billing
Process revenue independently of billings

Recognition

Liabilities and Assets
Accrue liabilities and assets with respect to performance obligations valued at expected consideration

Income Statement
Recognize revenue on successful transfer to customer at performance obligation revenue values