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ease
features
design
support

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Write a Review

Description

Organizations that operate on a project basis encounter a variety of complex accounting and financial reporting obligations, stemming from both internal dynamics and an increasingly demanding regulatory landscape. Within these organizations, project accounting often transcends various organizational structures and geographical locations, as matrix management necessitates adaptable project reporting solutions. Projects can vary greatly in duration, ranging from just a few days or weeks to several years, during which budgets are subject to numerous revisions. Furthermore, the challenges of regulatory compliance and the imperative for clear revenue recognition add additional pressure to the project accounting process. Balancing these diverse requirements through a unified accounting software system demands minimal administrative burden while maximizing flexibility, making it a formidable task for project-based organizations. Ultimately, success in this area can significantly enhance operational efficiency and financial accuracy.

Description

Utilize the straightforward connect and bulk data upload method to establish and verify your revenue and cost schedules. Download and manage new invoices with ease and create adaptable recognition timelines for each entry by merging recognition cadence criteria with computation techniques for each period. Instantly access current revenue and costs reflected in your income statement by synchronizing aggregated monthly recognition schedules with a single click. Review recognition schedules effortlessly and explore the contributing components in detail. Navigate adjustments like cancellations while maintaining complete traceability. Flowrev serves as comprehensive software for cost and revenue recognition, as well as lifecycle management, compatible with widely used online accounting platforms. In addition to the remarkable benefits these platforms provide, Flowrev enhances their functionality by allowing businesses to recognize prepaid expenses and deferred revenue either on the service date or across a specified duration, even when payments or invoices occur in advance or on different dates. This added capability ensures that businesses can maintain accurate financial reporting and compliance.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$40.00/month/user
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Epicor Software

Founded

1972

Country

United States

Website

www.epicor.com/en-us/industry-productivity-solutions/modules/planning-and-scheduling/project-accounting/

Vendor Details

Company Name

Flowrev

Founded

2015

Country

United States

Website

www.flowrev.com

Product Features

Accounting

Accounts Payable No 
Accounts Receivable No 
Bank Reconciliation No 
Billing & Invoicing No 
CPA Firms No 
Cash Management No 
Cryptocurrency Support No 
Expense Tracking No 
Fixed Asset Management No 
Fund Accounting No 
General Ledger No 
Government No 
Multi-Currency No 
Nonprofits No 
Payroll Management No 
Project Accounting No 
Purchase Orders No 
Tax Management No 

Product Features

Recurring Billing

Customer Portal No 
Deferred Billing No 
Discount Management No 
Dunning Management No 
Invoice History No 
Multi-Currency No 
Multi-Period Recurring Billing No 
Payment Processing No 
Recurring Donations No 
Subscription Billing No 

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