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Average Ratings 0 Ratings

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ease
features
design
support

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Description

A singular "source of truth" for the accounting interpretation of customer contract information. Monitoring Deferred Revenue at the most granular level with both roll-forward and forecasted perspectives. A user-friendly and regulated repository for Revenue Recognition guidelines articulated at the necessary detail. The standalone selling price library (SSP) acts as a dynamic and accessible resource that encompasses all SSP details at the product level, fully integrated with your pricing catalog. The automated tracking and amortization of deferred commission expenses throughout the anticipated duration of contracts is also included. It entails the identification of all performance obligations while considering variable factors as outlined by ASC 606. Accounting systems must uphold a higher standard of controls, encompassing rigorous security measures, user access permissions, built-in balance reconciliations, and preventative measures to ensure completeness and accuracy. Furthermore, it provides real-time revenue reporting across various levels, dimensions, and time frames. This allows for precise trend analysis and facilitates clear explanations of any changes that occur. Additionally, the system fosters a robust framework for compliance and audit readiness.

Description

An all-encompassing solution for managing commission expenses that guarantees adherence to the most recent ASC 606 and IFRS 15 regulations. This system automates adjustments for true-up changes resulting from various contract events, such as modifications to contracts, changes in employee status, or customer cancellations. Furthermore, it automatically triggers impairments for any alterations, including adjustments to start dates or modifications in the benefit period. With a comprehensive perspective on the entire lifecycle of commission expenses, users can access an extensive library of automated reports and dashboards, which feature amortization schedules, profitability analyses, accounting model comparisons, and summarized roll forwards by group. Xactly CEA offers a thorough, end-to-end solution that streamlines compliance with ASC 606, accommodating both full and modified retrospective methods. It integrates smoothly with existing organizational systems, including CRM, HRIS, CLM, and CPQ platforms. Additionally, Xactly CEA efficiently manages multiple accounting books and works seamlessly with all downstream accounting ledgers. This ensures that organizations maintain a clear and accurate record of their commission expenditures throughout their financial reporting processes.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Salesforce
Chargebee
HubSpot CRM
HubSpot Customer Platform
Microsoft Excel
QuickBooks Online
Zoho CRM

Integrations

Salesforce
Chargebee
HubSpot CRM
HubSpot Customer Platform
Microsoft Excel
QuickBooks Online
Zoho CRM

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Chargebee

Founded

2010

Country

United States

Website

www.chargebee.com/revenue-recognition-software/

Vendor Details

Company Name

Xactly Corp

Founded

2005

Country

United States

Website

www.xactlycorp.com/products/commission-expense-accounting

Product Features

Product Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

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Alternatives

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