Revstream and gaap accounting
Revstream Telephone Number 888-738-0206 Login to Revstream Revenue Recognition Request a Demo with Revstream Revenue Recognition
 
Order > Bill > Recognize Revenue
 
The Most Complete Billing & Revenue Management Solution for Online Media & Game Publishers
 
Digital Media & Entertainment
 
ARE YOU A SOCIAL MEDIA COMPANY - DERIVING REVENUES FROM ONLINE ADVERTISING?
 
ARE YOU A GAMES PUBLISHER – WITH A SUBSCRIPTION GAMES, MICROTRANSACTIONS OR VIRTUAL GOODS BUSINESS MODEL?
 
ARE YOU A DIGITAL CONTENT PROVIDER – WITH A PAID SUBSCRIPTION AND ADVERTISING MODEL?
 
OR
 
ARE YOU A ONLINE MARKETING / COMMUNICATIONS COMPANY WITH A “CONSUMPTION AND USAGE BASED MODEL?
 
Then you are among the many digital media and entertainment companies that are experiencing shiftto these new pricing models, product bundling, and delivery models.  A large segment is harnessing the power of the cloud, realizing the potential of recurring revenue through the use of digital advertising and subscription based services. 

While sales teams are moving at a pace to meet the consumer driven demand, corporate finance departments are struggling to accommodate this shift, applying traditional billing, revenue, and accounting methods to an increasingly diverse product strategy.Spreadhseets or custom financial applications are most prevalent and ERP systems like Oracle and SAP still don’t address the needs of the dynamic nature of digital world.

Introducing: revstream for Digital Media & Entertainment, possibly the only successfully proven solution in the market the truly provides an end to end platform for automating and managing the ordering, billing and revenue recognition for this emerging revenue models for the digital world.
 
Customer Success
 
 
Industry
Software & Online Games
 
 
Industry
Enterprise Software & Services
 
 
Industry
Enterprise Hardware, Software & Services
 
 
 
Industry
Online, Media & Publishing
 
 
Benefits
 
revstream for digital media billing and revenue management suite of applications provides an enterprise class transactional system that allows companies rapid scalability to enable new business models with robust Order Management, Billing Management, and Revenue Management applications.  Each application can be run independently to address a specific need, or as a powerful integrated suite to meet your full Order to Cash and Order to Revenue business flows.
 
revstream for digital media is for companies with the following product offerings:
 
Digital and Traditional Advertising
Subscription Products and Services
Usage Based Products and Services
Interactive Entertainment and Gaming
Digital Content and Publishing
Software as a Service
 
Features
 
Order Management
Management of the order booking process from quoting through fulfillment, with specific functionality for Advertising Insertion Orders.
Rapid order creation through pre-configured fulfillment, billing, and revenue rule assignments.
Comprehensive version control to manage change orders such as credits, make goods, extensions, while automatically adjusting billing and revenue activity.
Automated Hold Management for fulfillment activity based on transaction attributes or arrangement events.
Salesperson credit management to enable sales commission tracking.
Integration with external certification systems such as 3rd Party Ad Servers, Licensing Servers, and Channel Revenue Systems to automate event collection and reconciliation.
Billing Management
Billing Rules to support immediate, recurring, installment, and event based billing schedules
Dynamic bill calculation rules to support event, event cap, straight line, and end of flight billing.
Capture and application of billing eligible and contingent events
Support for complex bill grouping rules across transactions and transaction lines
Automated Hold Management for billing activity based on transaction attributes or arrangement events.
Integration with tier 1 and tier 2 ERP Receivables applications to enable seamless Order to Cash processing. 
Revenue Management
Arrangement Scanning to identify Units of Accounting and Revenue Elements
Automatic identification of transactions within a complete arrangement to enable cross transaction allocations and carveouts.
Fair Value Assignment, Testing, and Determination.
Successive carveout and allocation rules to support evolving accounting guidelines (97-2, 08-01, 2009-13/14, IFRS Convergence…) as well as internal policy carveouts.
Application of multiple revenue reporting methods revenue calculation comparison for modeling and accounting guideline compliance.
Capture and application of eligible and contingent events for deferrals and revenue recognition.
Automated and dynamic revenue subledger.
Automatic deferral, accrual, and recognition abilities for expenses such as COGS and Royalties
Support for complex Revenue Sharing arrangements.
True separation of Billing and Revenue processes.
Automated Hold Management for revenue activity based on transaction attributes or arrangement events.
Integration with tier 1 and tier 2 ERP General Ledger applications to enable seamless Order to Revenue processing. 
 
revstream has been by far the best tool we ever used for revenue deferral and recognition. It has enabled us to close the year within a record 10 days – fastest close in 10 years! 99.7% of the worldwide revenue and cogs are handled via revstream

Director, WW Revenue Activision-Blizzard, A $ 4billion Interactive Entertainment Publisher
 
revstream solution was a great fit for Meredith onsidering the complexity and reconciliation involved in revenue recognition and billing. In addition we were looking for a flexible and extensible solution which can easily adopt changes to the pricing, revenue recognition and reconciliation rules driven by the evolving online business model. revstream team did a stellar job in implementing revstream on-time and with in budget while fully transitioning the knowledge to our IT team to support the solution post go-live

Tina Steil,
Vice President &CTO
 
 
 
 
 
Revstream for High Tech
 
Revstream for Digital Media & Entertainment
 
 
 
 
Revstream Revenue Manager and Fair Value Manager
 
Revstream for Digital Media
 
Revstream for Games & Entertainment
 
Strategic Profile Paper on Cloud Revenue Recognition from THINKstrategies, inc.