Recurly RevRec is an advanced revenue recognition solution built for businesses that need precision and compliance. It automates complex contract modifications, supports multi-currency and multi-book accounting, and delivers real-time insights into your revenue streams — all while keeping you compliant with ASC 606, IFRS 15/16, ASC 842, and ASC 340-40.

Available on Starter (with an active monthly or yearly plan), Professional, and Elite plans

1Definition 2Key benefits 3Key details

Additional costRecurly RevRec requires an additional cost. Contact your Recurly account manager or [email protected] for pricing details.

Definition

Recurly RevRec is an innovative solution built for businesses that need precision and compliance in revenue recognition. It adheres to ASC 606, IFRS 15/16, ASC 842, and ASC 340-40, and automates complex contract modifications, SSO authentication, revenue recognition, and expense allocations — with multi-currency and multi-book capabilities that give you real-time visibility into your revenue streams.

Key benefits

Automated compliance Stay compliant with ASC 606, IFRS 15/16, ASC 842, and ASC 340-40 without manual effort.

Real-time revenue insights Get immediate visibility into revenue performance to support informed decisions and accurate forecasting.

Streamlined financial operations Automate contract modifications, SSO authentication, and multi-revenue model support to simplify complex processes.

Multi-currency and multi-book Support global operations with multiple currencies and accounting books.

Dedicated support Benefit from continuous feature enhancements, subscription strategy guidance, and dedicated account management.

Key details

Recurly RevRec goes beyond compliance to support your entire revenue management workflow:

Automated contract modifications: Automate complex contract changes without manual adjustments.
Single sign-on (SSO) authentication: Enhance security and user experience with SSO capabilities.
Automated revenue recognition and expense allocations: Streamline financial processes for accuracy and efficiency.
Real-time revenue insights and forecasting: Stay ahead with immediate visibility into revenue performance and accurate forecasting tools.
Multi-currency and multi-book support: Support a global audience with various currencies and accounting books.

Getting started

Evaluate

Understand your technical and business requirements.

Solution architecture

Determine the architecture that best aligns with your business needs.

Demos

Engage in revenue recognition demos to understand the platform's capabilities.

Stakeholder alignment

Ensure all key stakeholders are aligned with the implementation strategy.

Onboarding

Move into the implementation phase — including site audits, data and system migrations, integrations, and customizations tailored to your business.

Ongoing support

Get dedicated account management, strategic subscription guidance, and regular feature updates to maximize ongoing value.

Ready to get started?Contact your Recurly account manager or reach out to [email protected] for pricing details. Our team will evaluate your use case and build a solution tailored to your needs.