Received is a comprehensive revenue recognition software designed to help businesses streamline the process of recognizing revenue in compliance with the latest accounting standards, such as ASC 606 and IFRS 15. The software automates complex revenue recognition calculations, ensuring accuracy and reducing the risk of errors. It tracks contracts, invoices, payments, and performance obligations, ensuring businesses follow a consistent and standardized approach to revenue reporting. Received offers real-time insights into revenue trends, forecasting, and potential issues, helping finance teams stay ahead of potential compliance risks. The platform also integrates with other enterprise systems like ERP and CRM, creating a seamless workflow for financial reporting and auditing. With customizable reporting features, businesses can generate financial statements and disclosures that align with regulatory requirements. By using Received, businesses can simplify revenue management, ensure compliance, and enhance financial reporting accuracy.
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