Fully automates deferred revenue recognition.
The system contains a series of sophisticated text recognition algorithms which read all words on an invoice and allocate revenue according to the relevant time period. Revenue recognition is fully automated across quarterly, annual or even weekly invoices.
Streamlines accrued revenue.
ScaleXP is the only tool in the Sage marketplace to provide an elegant solution to automated accrued revenue recognition.The system imports future dated invoices (those to be sent at the end of a contract term). Revenue is automatically allocated over the relevant term using all of the data and text on the invoice. Invoice modifications and credit notes are detected by the system and update the original transaction, ensuring that revenue recognition is always correct and fully aligned to Sage.
Automated metrics for SAAS or subscription companies
SAAS or subscription companies benefit from a suite of automated metrics including net dollar retention, gross revenue churn, net revenue churn, net customer growth, renewals and upsells. Data is beautifully presented in graphs and charts which are ready to share with the business.
Consolidated reporting for Sage
At ScaleXP, we combine data from Sage with the leading finance and sales systems to provide you consolidated reports based on subsidiaries, entities, currency and countries. Multi-currency and multi-company consolidation available across our whole system. Our built-in financial consolidation enables you to track metrics key business metrics like customers, revenue upgrades, downgrades, recurring revenue, revenue per customer and so much more!
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