Automated, auditor-friendly revenue recognition software
Save time and avoid mistakes with spreadsheet-free revenue recognition that adapts to your contracts. Simplify compliance, set and forget revenue schedules, and get real-time visibility of all your entities.
Let AI handle revenue complexity, keeping your numbers accurate
Copilot
AI analyzes your contracts and past data against industry standards, then recommends the best revenue-recognition methods. Always compliant with IFRS 15 and ASC 606.
Contract parsing
Cut out errors from manual entry and onboard new contracts faster. AI pulls key data from contracts, like performance obligations, payment terms, and billing schedules, so you don’t have to.
Anomaly detection
Keep audit-ready with 24/7 monitoring for potential revenue-recognition errors. DualEntry AI also learns from patterns in your historical data to pick up on possible fraudulent activity.
AI forecasting
Get predictive revenue forecasts based on trends, customer behavior, and market conditions. View dynamic waterfall charts and insights into recognition schedules and contract impacts.
Dynamic reclassification
Stay accurate all the time by having revenue reclassified by AI as soon as conditions change.
Variable consideration
Make it simpler to manage contracts with uncertain payments. AI calculates and adjusts revenue based on expected values, even with rebates or refunds.
Contract-level tracking
Monitor revenue at contract level, and split revenue across multiple obligations within one contract. Get alerts when recognition schedules are due or overdue.
Stay audit-ready and skip the last-minute compliance scramble
Stay compliant with live-monitoring of Financial Accounting Standards Board (FASB) and GASB guidelines. DualEntry automatically adjusts for ASC 606, IFRS 15, SOX, ASC 842, and ASC 340-40 needs.
Trace recognized and deferred revenue right back to the customer, invoice, and contract with audit trails that track all activity in a dedicated subledger.
Without turning to Excel, create detailed, drillable compliance reports in minutes, making it simpler to review and reconcile recognized revenue with contract documents and change orders.
Have the flexibility to open or close periods for historical adjustments, and to view projected GL impacts for entire contracts or individual performance obligations.
Automate revenue recognition—and be as flexible as you need
Automate commission deferral, amortization, and deferred-revenue schedules.
Tailor revenue recognition to your needs. Set custom recognition patterns and pricing models. Need to make exceptions? Override the rules whenever you need.
Set up performance-based (e.g. on milestones, usage, or cost) or time-based (e.g. subscription models, over-time, or units of delivery) recognition. DualEntry’s integrated subscription management software handles even the most complex billing and renewal scenarios seamlessly.
Take the complexity out of scenarios like partial recognition, discounts, multiple obligations, rebates, or mid-cycle changes. DualEntry makes the adjustments you need for subscription changes, cancellations, and renewals.
Change recognition plans individually or in bulk. DualEntry’s ERP posts the adjusted entries directly to its built-in general ledger software, keeping your books audit-ready without extra work.
Save time on revenue allocation with DualEntry’s SSP library. Auto-sync with your price book and policies for consistent allocation across contracts. Define SSPs with constant or dynamic formulas, and add custom dimensions for multiple SSPs per item.
Turn raw data into better business decisions, without spending hours in Excel
See instant insights on customizable dashboards. With our financial reporting software, you can view revenue waterfalls, forecasts, and variances by product, geography, or currency.
Create detailed revenue reports about sales orders, customers, or periods. Want to dig deeper? Drill down to the source docs in a few clicks.
Track ARRs, churns, downgrades and other trends in your revenue workflow.
Monitor collections to easily spot any revenue leakage.
Plan for the future with AI-powered scenario analysis. Project revenue under different contract terms or conditions so you can assess risk more confidently.
Track amendments and change orders, and trigger automatic recalculation of recognition schedules in your CRM platform. You can take care of prospective and retrospective adjustments with DualEntry.
Handle multiple books, currencies, entities, and workstreams in one place
Consolidate revenue across multiple entities seamlessly, with automatic eliminations for any intercompany contracts.
Recognize revenue in 180+ currencies and 240+ countries, with automated conversion at contract signing, payment, and recognition points.
Post to your books in real time as transactions are made. Benefit from standalone selling prices, revenue rules, and other book-specific arrangements that cut out time-sucking data entry.
Use native integrations to Salesforce, Stripe, Chargebee, and more to auto-sync contract and billing details.
Connect to 13,000+ global bank feeds in real time. Always work with live exchange rates.
Why high-performing teams choose DualEntry
for revenue recognition
For revenue accountants and staff accountants
Next time month end or audit season’s coming, your days won’t revolve around manual calculations and spreadsheet updates. Instead, you can automate revenue schedules and adjustments for contract or timeline changes with DualEntry. And with audit trails and out-of-the-box ASC 606/IFRS 15 compliance, you can say goodbye to manual errors and playing catch-up.
For controllers and
assistant controllers
Feel in control over revenue workflows and cut down on back and forth with auditors and accountants. Analyze recognized vs deferred revenue by segments on live dashboards and handle multiple books, meeting GAAP or IFRS standards. DualEntry automatically corrects contract-based schedules for you and lets you drill down to investigate any red flags, smoothing your close and keeping you a step ahead on compliance.
For CEOs and VPs of finance
When investors or board members ask tough questions about revenue quality or timing, get the answers you need, fast. DualEntry offers customizable financial reporting capabilities that gives you live visibility into recognized vs deferred revenue, across all your entities, and scenario modeling helps you project revenue under different accounting standards. Audit-proof reporting and consolidated dashboards keep you confident in your financials, 24/7.
Everything you need from
a revenue recognition software
without the extra charges
| Feature |  |  |  |  |
|---|---|---|---|---|
| AI copilot Get intelligent suggestions based on contract structures, industry standards, and historical data, ensuring compliance with IFRS 15 and ASC 606 | Not available | Not available | 3rd-party required (NetSuite AI in progress) | |
| AI contract parsing DualEntry AI automatically extracts key data from contracts to cut manual entry and reduce errors | Not available | Not available | 3rd-party required (document AI limited) | |
| AI anomaly detection DualEntry AI identifies potential revenue-recognition errors, irregularities, or fraudulent activities by comparing current patterns with historical data | Not available | Not available | 3rd-party required (Anomaly AI currently rolling out) | |
| AI predictive insights Generate AI-driven forecasts based on historical trends, customer behavior, and market conditions | Not available | Not available | 3rd-party required (NetSuite AI Advisor limited) | |
| AI risk assessment | Not available | Not available | Not available | |
| AI cost analysis | Not available | Not available | Not available | |
| AI-generated interactive summaries | Not available | Not available | Not available | |
| AI narratives | Not available | Not available | Not available | |
| Scenario planning Project revenue under different contract terms or conditions for strategic decision-making and future risk assessment | Not available | Not available | 3rd-party required (NS Planning & Budgeting) | |
| Variable consideration handling Manage complex revenue scenarios with flexible recognition capabilities | Not available | Not available | Manual calculation | |
| Intelligent forecasting Track collections to spot revenue leakage and benefit from revenue waterfall visualization | Not available | Limited trend tools | NetSuite Planning module required | |
| SSP library Save time on revenue allocation with an SSP library, automatically syncing with price books and recognition policies | Not available | Not available | ||
| Commission management Automate deferral and amortization of commissions with intelligent rules, identifying portions to be deferred over customer lifetimes | Not available | Manual setup needed | ||
| Adaptive recognition Handle complex scenarios effortlessly, from multiple performance obligations to mid-cycle changes, automatically adjusting for subscription modifications and cancellations | Not available | Not available | ||
| Dynamic reclassification Real-time revenue reclassification as conditions change | Not available | Manual journal entries | ||
| Performance-based recognition Milestone-based, usage-based, or cost-to-cost revenue recognition | Not available | Manual effort via Projects | ||
| Time-based recognition Manage subscription plans, over-time, and units of delivery revenue recognition, automatically calculating and recording revenue based on contract duration | Manual entries only | Manual entries only | ||
| Audit-ready allocations Standardize the allocation process with predefined rules and SSPs to reduce audit risks | Not available | Not available | ||
| Multi-layered allocations Complex revenue allocations across multiple performance obligations, products, or services; supporting bundled offerings with AI-suggested allocations | Not available | Not available | ||
| Custom revenue arrangements Tailor revenue recognition to your needs with custom arrangements. Modify plans individually or in bulk | Not available | Not available | ||
| Multi-level reporting Generate comprehensive revenue reports at multiple levels, covering sales orders, customers, and accounting periods. Drill back easily into source documents | Manual class-based | Limited to dimensions | ||
| Real-time dashboards Customizable revenue dashboards to visualize revenue recognition, forecasting, and variances across multiple dimensions | Limited visuals | Requires SAP HANA | ||
| Multi-book automation Post to your books in real-time as transactions occur, with book-specific arrangements for SSPs and revenue rules | Not available | Not available | ||
| 180+ currencies and 240+ countries Recognize revenue in 180+ currencies and 240+ countries with automated conversion at contract signing, payment, and recognition points based on live FX rates | Limited editions | ~50 country localizations | ||
| Multi-entity management Consolidate revenue across multiple entities, with automatic eliminations for intercompany contracts | Manual consolidations | Requires intercompany add-on | ||
| Flexible period management Open or close periods as needed for historical adjustments while viewing projected GL impacts for entire contracts and individual performance obligations | Fixed 12-month | Basic fiscal settings only | ||
| Automated audit trails Automatic logging of every revenue-recognition activity in a subledger, allowing auditors to trace recognized and deferred revenue amounts back to the customer, invoice, or contract | Limited audit logs | Basic change log | ||
| Auditor-friendly reporting Create detailed, drillable compliance reports for easy review and reconciliation of recognized revenue with contract documents and change orders | Missing full compliance tools | Manual IFRS/GAAP controls | ||
| Automated revenue allocation DualEntry AI automates and optimizes intricate allocation processes across multiple performance obligations in bundled contracts | Not available | Not available | ||
| Contract-level tracking Monitor revenue at contract level, splitting revenue across multiple performance obligations within a single contract. Receive alerts for due or overdue obligations | Not available | Blanket agreements only | ||
| Integrations for seamless revenue recognition Connect with CRM, AR, external billing, and contract-management systems, including Salesforce, Stripe, Chargebee, HubSpot, Zuora, Docusign, and Ironclad | 3rd-party apps only | Integration framework required |
