AUTOMATED Revenue Recognition SOFTWARE

Best in class revenue recognition software

Image of ScaleXP financial consolidation software dashboard
  • Fully automate revenue recognition, using only the data in your current accounting system combined with ScaleXP's smart algorithms.
  • Shorten the month-end close, saving 3+ days each month
  • Eliminate the inevitable errors from spreadsheet tracking and create a strong platform for growth
  • Ensure you are fully compliant with GAAP and IFRS reporting requirements
Book a Demo
ScaleXP Smart Finance Automation, Including Deferred Revenue, Financial Consolidation, Budgets & Forcasts, SaaS Metrics, CFO Dashboards, Revenue Recognition, IFRS15 & ASC606 Compliant automated smart reports and dashboards

ScaleXP fully integrates with leading accounting & CRM systems:

Quickbooks Logo

Easily automate your deferred revenue

  • ScaleXP eliminates the need to track deferred revenue in long, error prone spreadsheets.
  • The platform uses a sophisticated series of algorithms to read all data and text on your invoices.
  • Revenue recognition schedules are prepared for you. They are easy to review, and once confirmed, create journals which can be posted back into Xero or QuickBooks in 2 clicks.
  • ScaleXP’s algorithms are the most advanced on the market and can transform deferred revenue recognition, eliminating the need for spreadsheet tracking.
Read more

Streamline accrued income recognition

Image of ScaleXP financial consolidation P&L and balance sheets
  • ScaleXP works in perfect harmony with Xero or QuickBooks to automate accrued revenue.
  • The platform suggests relevant accruals based on your invoices and contracts. Once confirmed, accruals are auto-released when an invoice is issued.
  • Full journals are provided and can be posted to Xero or QuickBooks in 2 clicks.
  • Sophisticated tracking even works across currencies and always moved in lock-step with your accounting system.
Book a Demo
illustration of importing key bill information

Move to an award winning platform

ScaleXP is a certified app partner for Xero, QuickBooks and HubSpot. 

In 2023, the platform was selected as a “Xero Staff Pick”, the highest award that Xero gives its apps.  This was based on our straight 5-star reviews and the overall quality of our integration.  

With the ScaleXP, you can

Close the month 3 days faster

Automate deferred revenue, accruals, and prepaid expenses. Finance teams that use ScaleXP close the month 3 days faster and with far fewer late adjustments.

Ensure IFRS & GAAP compliant

Ensure that your company is fully compliant with GAAP ASC 606, IFRS 15 and SEC reporting requirements. ScaleXP meets all three standards and will help you pass your audit easily.

Create a platform for growth

Automated revenue recognition creates a platform for growth. Transparent schedules can be shared across the business in a simple click.

What our customers say

ScaleXP has rapidly become a core integration within our team. We started using ScaleXP for revenue recognition and tracking our deferred revenue but are loving all of the new features. We are currently building out dashboards with the help of the AI functionality and are already seeing the benefits this will have for our wider team.
Eloise - Commercial Analyst - Xero App Store Review
We are using ScaleXP to untangle a number of complexities in our business model. ScaleXP is giving us the agility we need to make business decisions in a more informed way and at a faster pace than we've even been able to before. The client support team has been exceptional in digging into our needs and ensuring the platform is delivering!
Michelle - Finance Director - Xero App Store Review
Excellent system, the team are extremely knowledgeable and help set everything up. Super easy to use.
Jen - Finance Controller - Xero App Store Review
Previous
Next

Revenue Recognition FAQs

Revenue recognition can be fully automated from Stripe, Xero, and QuickBooks. For the full list of our accounting integrations, just click here ->

A CRM connection is not essential. Revenue recognition can be fully automated using all of the data and text on your invoices. The only requirement is for the system to see your invoices. 

ScaleXP is built on a series of sophisticated natural language processing algorithms, which read and understand the text, just as a person would. Any date format can be used.  You can even mix and match American date format (mm-dd-yy) and British date format (dd-mm-yy). 

The system also understands words which convey time such as annual, quarterly, 6 months, 2 weeks, 6 days, just about anything you can think of. If a person can read and understand the revenue recognition period on your invoices, the ScaleXP algorithms will also understand. 

Xero and QuickBooks can be automatically updated with draft revenue recognition journals. You simply review and click to approve. Journals can not be automatically passed to Zoho Books, but ScaleXP provides the full journal and a comprehensive CSV download. 

Yes, of course. ScaleXP provides a full breakdown of all revenue shown on your Income Statement as well as all deferred income and accrued revenue shown on your Balance Sheet. 

Revenue recognition schedules can be viewed by customer, by invoice, and by general ledger code. And, in case that’s not enough, all schedules can be downloaded to a spreadsheet or CSV.