Flowrev Reviews

Flowrev 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.