The Internet has made it possible to buy and sell almost anything "as a service." This introduces new and interesting challenges for revenue accountants looking to comply with the new guidance in ASC 606 / IFRS 15.
Leeyo, together with our partners at Zuora, have assembled this white paper to help you get started. In this document, you will learn:
How the Five Steps apply to subscription business models
What elements of the new guidance will be particularlly sticky when recognizing recurring revenue
How automated solutions from Zuora and Leeyo can work separately or together to help solve even the most painful recurring revenue recognition processes.
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