Invoicing System
Invoice-to-Cash
Expedite your invoice-to-cash cycle by making it easier for customers to pay.
Subscription Billing System
Recurring Billing
Powerful recurring billing capabilities for unlocking predictable revenue growth.
Online Payments
Payment Plans
Grow revenue by allowing customers to pay you back in installments.
Online Billing Portal
Customer Portal
Give customers a 360-degree view into their relationship with your business.

Contract revenue management: what it is and what you need to know

Contract revenue management: what it is and what you need to know

If you’ve never heard of contract revenue management and you manage any sort of contractual relationships with customers, it’s time to start paying attention. Contract revenue management, or the process of allocating contracted revenues based on Generally Accepted Accounting Principles (GAAP) revenue recognition standards, is undergoing massive change due to the recent GAAP mandates ASC 606 and IFRS 15.

The U.S. based Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have recently released ASC 606 and IFRS 15 as updates to GAAP accounting principles, to streamline and unify financial statements across the board. In the past, there was a wide variance in the way businesses recognized revenue, with no consistent format applied to contractual revenue.

Check out these powerful enhancements to the Invoiced platform

Check out these powerful enhancements to the Invoiced platform

The Invoiced team is always hard at work building new functionality that makes it easier AND faster for our customers to get paid. We’re thrilled to share the results of our efforts! Take a look at our hit list of recently-released features that are sure to make your day.

Many of our customers spend the bulk of their time managing exceptions that pop up. Our goal is to eliminate those exceptions as much as possible with automated functions, so customers can take the time to be proactive about invoicing. Here are just a few features that support that effort:

How direct debit benefits businesses and payers

How direct debit benefits businesses and payers

If you want to get paid quickly these days, there’s a price to pay. Credit card payments generally incur fees of anywhere between 2 and 3 percent, depending on the payment gateway (and your negotiating skills). Checks in the mail are too slow to compete and require a lot of administrative work. Wire transfers, although timely, can incur some pretty steep fees.

Even though businesses incur high credit card fees for transactions, there are big benefits to consumers. Consumers can access credit beyond what they have in the bank account. Given the near universal acceptance of credit cards, they can walk around totally cashless and still make purchases. And what’s more, credit card companies offer them the protection of disputing charges, in the case of fraudulent or incorrect transactions.

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