Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Soluqube serves as a specialized revenue-recognition tool designed for finance teams and auditing experts tasked with analyzing revenue derived from contracts. The application allows users to validate performance obligations and standalone selling prices, facilitating the calculation of relative SSP allocations while generating comprehensive schedules compliant with ASC 606 and Ind AS 115. In the case of INR contracts, Soluqube distinctly separates 18% GST from the revenue prior to the amortization process. Its review workspace effectively correlates obligations with relevant excerpts from contract clauses, and the export options include detailed schedules, supporting workpapers, and SHA-256 integrity hashes for security. The sophisticated calculation engine operates on integer arithmetic with cent rounding, strategically assigning any residual cents to the final schedule period to ensure that deferred revenue equals zero by the end of the term. Additionally, the platform supports single-contract audits and provides a hosted subscription model that seamlessly integrates with ERP systems for schedule exports, alongside customizable on-premise deployments. However, features such as live ERP connectors and accounting for contract modifications are currently unavailable, representing potential areas for future development.
Description
If your organization is facing challenges with revenue recognition, you’ve come to the right destination! From dealing with unreliable spreadsheets and tedious audits to addressing revenue leakage and compliance hurdles, Tensoft Revenue Lens® is here to assist you! When OrthoFi, a technology-driven service for orthodontic practices, sought a reliable solution for their intricate revenue recognition demands, they chose Tensoft Revenue Lens as their partner. Check out the case-study video above to discover how Tensoft Revenue Lens effectively supported their evolving requirements and transformed their challenging audits into seamless experiences. Gain insight into how Tensoft Revenue Lens implements the new 'five-step model' in accordance with the ASC 606 and IFRS 15 revenue recognition standards, ensuring compliance and efficiency in the process. Additionally, this solution allows businesses to focus more on their core operations while enhancing financial accuracy.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
$499 one-time
$0 for an audit-defense workpaper covering up to 3 contracts. A single-contract stack costs $499 one time. Hosted subscription is $999/month with a 20-run daily cap. A custom annual license is available for On-Premise deployment.
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
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
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
No
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Soluqube
Founded
2026
Country
India
Website
soluqube.com
Vendor Details
Company Name
Tensoft
Founded
1996
Country
United States
Website
www.tensoft.com
Product Features
Product Features
Financial Management
Budgeting & Forecasting
No
Cash Management
No
Consolidation / Roll-Up
No
Currency Management
No
Financial Reporting
Yes
Investment Management
No
Project Management
No
Revenue Recognition
Yes
Risk Management
No
Tax Management
No