Advanced Revenue Recognition Software: ASC 606 & IFRS 15 | Rillet
Advanced revenue recognition
Built to handle the messy reality of accounting
Schedules, integrations, bulk data handling, and infrastructure built for modern finance teams
Automated revenue recognition
Seamlessly connect your CRM with Rillet to sync closed won contracts. Rillet automatically generates a revenue recognition pattern based on the product and service periods. Review and approve the contract details before they are posted to your general ledger.
Comprehensive customer revenue insights
Access a comprehensive view of key financial metrics for each customer, including revenue, invoicing, deferred revenue, usage data and MRR/ARR, all in one centralized per customer view.
Revenue waterfall and deferred revenue schedule
Stay away from these nearly-impossible to maintain excel files. Rillet is natively built for complex revenue models and integrates both revenue waterfall and deferred revenue schedule.
Contracts amendments made easy
Amend in-flight contracts in just a few clicks. From the list of products and their price to the invoicing and revenue schedules, all aspects of the contract can be adjusted. All changes are automatically reflected in the general ledger, keeping everything accurate and up to date.
Marketplace revenue synchronized
Rillet is ideally suited for companies that sell access to their platform via online marketplace. It automatically synchronizes invoices, payments, refunds, usage, and service fees, recording them directly in the general ledger.
Explore more Rillet features
Accounts receivable
Streamline your revenue recognition (including allocations under ASC 606) and automate invoicing, real-time payment tracking, and predictive cash flow insights. Never miss a payment and optimize your working capital.
Bank reconciliation
Rillet streamlines your bank reconciliation process, automatically matching thousands of transactions in seconds.
Native Integrations
Rillet integrates seamlessly with your tech stack, enhancing processes by becoming the single source of your financial data.
Multi-entity & accounting consolidation
Automate your workflow for multi-currency accounting and multi-entity consolidation. Currency re-evaluations, intercompany journals, and reporting that lets you switch between consolidated and subsidiary views with ease.
Close management
Save days on your close process every month with a built-in checklist and automated AI reconciliations. Draft flux analyses with a few clicks.
Security and Permissions
Every entry, every change, every reason
Get one step closer to zero-day close
Faster close, fewer spreadsheets, real-time data.