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JanNetSuite Revenue Management: Automated Compliance for Modern Revenue Models
| As revenue recognition standards become increasingly complex, NetSuite’s Revenue Management module delivers automated, standards-based compliance with ASC 606 and IFRS 15. It enables organizations to manage performance obligations, allocate transaction prices, schedule revenue plans, and recognize revenue automatically—based on defined rules tied to contracts, subscriptions, or project milestones. |
| This module eliminates manual spreadsheets and significantly reduces audit risk. Finance teams can track revenue arrangements, manage multi-element contracts, and generate compliant reporting with real-time visibility into deferred and recognized revenue. |
| For organizations with subscriptions, multi-year agreements, blended service/product offerings, or milestone-based invoicing, NetSuite Revenue Management provides the automation and control required to scale without increasing administrative burden. It is a critical component for companies aiming to modernize and streamline their revenue processes. |