Deferred Revenue automation software
Automate deferred
revenue recognition
Eliminate the need to track deferred revenue in long and tedious spreadsheets. Ensure your calculations are always accurate, up to date and easy to audit.
- Close the month up to 3 days faster.
- Reduce month end stress.
- Eliminate spreadsheet errors and create greater transparency.
ScaleXP fully integrates with all leading accounting systems & more. See all accounting integrations.
Save 3 days per month with ScaleXP automation software
ScaleXP is a smart finance automation platform which uses leading technology to fully automate deferred revenue.
- A sophisticated series of natural language algorithms read and process all data and text on your invoices.
- Revenue recognition schedules are prepared, ready for your review.
- Schedules are real-time, ensuring you have an accurate view of revenue during the month and shortening the month-end process by up to 3 days.
Save time. Improve accuracy.
ScaleXP recognises the amounts, dates, and frequencies of each invoice, preparing automated IFRS15 and ASC606-compliant revenue recognition schedules.
- Spreadsheet errors are eliminated.
- Data is available in real time.
- Detailed schedules are fully auditable, broken down by customer, invoice, and general ledger code.
Onboard & get started in hours, not weeks
At ScaleXP, our objective is to automate your revenue recognition schedules quickly and easily.
- To get started, you connect ScaleXP and your accounting system.
- The system will read your invoices and prepare an initial draft of your revenue recognition schedule.
- All you need to do is review, edit, and confirm the automatically prepared IFRS & ASC606-compliant revenue recognition schedules.
- Watch the 1 min video here to learn more.
With the ScaleXP platform you can
Be prepared
for the future
Calculating deferred revenue in spreadsheets is not scalable. Employee turnover, or even holidays, can create issues. ScaleXP creates a sustainable platform for growth.
Avoid typos or missed credit notes
ScaleXP moves in lock step with your accounting system. Invoice modifications, credit notes and late changes are all imported.
Create confidence
in your data
Sharing spreadsheets can be complex. With ScaleXP, revenue schedules can be shared in a few simple clicks, creating transparency and building confidence in the data.
What our customers say
Who uses ScaleXP to automate deferred revenue?
Get real time access to your data, without waiting for spreadsheets to be updated. Review and share your data, creating impact across the company.
Close the month faster. Improve accuracy and create a strong platform for growth with robust and sustainable processes.
Eliminate inevitable spreadsheet errors. Build confidence in your numbers with schedules that are easy for others to review and understand.
ScaleXP deferred revenue automation FAQs
ScaleXP smoothly integrates with renowned accounting platforms like Xero, QuickBooks, Sage and several major accounting systems. See the full integrations list ->
Yes, ScaleXP works with all major currencies, over 90 in total. If you want to check if the system is integrated with any specific currency, just send us an email (support@scalexp.com).
ScaleXP has deep links into the accounting data, allowing us to detect changes to invoices. All modifications and credit notes are imported and processed by the system.
It’s time-consuming and costly to manually calculate and allocate revenue over annual, or even quarterly contracts. Research suggests Small and Medium Businesses (SMBs) could save thousands per year by using automated tools. Read more ->
Deferred revenue recognition is crucial as it aligns with accounting standards, ensuring accurate financial reporting. It matches revenue with the service period, enhancing transparency for investors and providing management with clear operational insights.