Microsoft Dynamics vendors provide comparisons and opinions to professionals in the ERP/Accounting software selection process


Posts Tagged ‘revenue’

Changes to KEY2ACT Signature in the 2016 R3 Release

KEY2ACT’s new Signature release includes features to help you comply with the ASC 606 requirement, new and updated windows, and changes to Job Cost. Ability to Mark Tasks as Required In Service Management, you’ll now have the ability to mark task responses as required. This setting is available for all response types. While this box […]

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4 Reasons Why E-Commerce and ERP are Made for Each Other

Enterprise resource planning is not just for internal work functions. Integrating your ERP with e-commerce can make managing your customer-facing work much easier and more reliable, through automation and real-time updates. If you sell products online, using ERP for retail business can help you manage your revenue streams more efficiently and effectively. 1. Inventory Levels […]

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ASC 606: Revenue From Contracts With Customers

Revenue recognition is a critical measure for every company.  It is used in many financial ratios to examine and compare companies. The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) recognized that existing revenue recognition literature varied between their jurisdictions.  Both frameworks needed upgrades. The two organizations worked together, and Accounting Standards […]

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Revenue Recognition Software for Small to Mid-sized Businesses?

Out of the numerous industries that have complex revenue recognition requirements, it is pretty safe to say that, in general, technology and software companies are the largest and most affected segments. For these companies, the ability to scale quickly is often a business-critical need. While the main question may be: “Is there a revenue recognition […]

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