Private Clouds! Public Clouds! SaaS! Subscription! On Demand! Open Source! etc., etc. – buzz words are everywhere in today’s enterprise market. As software vendors continue to focus on inventing buzz words, enterprises continue to struggle with their everyday challenges such as business process automation, security, integration, revenue growth, expense management and leads generation.

At Rev Up, we focus on solutions, not hype. We focus on solution areas that are clear, precise and which yields measurable ROI to our customers. Rather than waiting for compelling events to occur, we focus on building solutions that help companies solve their needs of today.

• Security / Identity Management

• Revenue Life Cycle

• Channel Life Cycle

• Service and Returns Life Cycle Management

• Business Process Automation

Rev Up is platform and application agnostic that can be tailored to our customers need for enhancing revenue, decreasing costs, and automating complex business processes that are regulatory compliant.

What is Revenue360?

Channel360 is a comprehensive enterprise financial application dedicated to Revenue Recognition:

• Revenue Management

• Transaction Calibration

• Integrated Revenue Analytics

Channel360’s Revenue Manager enables your enterprise to track and implement its revenues in a single system. It controls all critical revenue processes, including: event tracking, expense management, arrangement allocation and scheduling, recognition, compliance, reporting and internal controls – all in concert with existing CRM, ERP, and Master Contracts systems.

Channel360’s Revenue Calibrator is a function that monitors enterprise-wide processes and behaviors that have potential impact on revenue. It then visually overlays this information with your enterprise revenue goals and regulatory data (drawn from GAAP sources such as the FASB’s EITF 00-21 , SOP 97-2, and the SEC’s SAB 101) to provide actionable recommendations on four key areas: process efficiency , revenue stream optimization, compliance, and revenue forecasting.

Channel360’s predictive analytics provide comprehensive business intelligence functionality that can empower your management to make effective, timely, and informed decisions on equity impact, revenue growth, revenue forecast and compliance based on solid data and analysis. Channel360 interrogates complex historical data and presents trends, outliers, and patterns through a visual interface providing unprecedented insight into the revenue roadmap of your enterprise.

Why focus on Revenue Optimization?

• As companies increasingly move towards complex n-tier channel and distribution partnerships, companies struggle to get a true picture of their revenue impact on such deals that leads to enormous revenue leakages.

• From the view of the CFO, revenue recognition challenges the accounting processes, compliance, and financial forecasting.

• Across many industries, problems in applying GAAP principles to recognition cause errors that impact their business revenue.
  
  
• An error in recognition may force a restatement of the company’s records
  
  
• Restatements have an impact on the ability of the company to obtain needed cash.
  
  
• Current ERP applications do not provide compliance with business rules and internal controls for the revenue process.
  
  
• Revenue recognition requires a bridge between CRM and ERP applications.
  
  
• Spreadsheets are not an adequate tool for revenue recognition

Top CFO Challenges

Why should I implement Revenue360?


Revenue360…

• Simplifies, unifies, and clarifies the revenue process.

• Confirms compliance and gives visibility of the revenue process to auditors.

• Provides flexible analytics and forecasting.

• Applies the business rules and policies you provide to establish revenue policy.

• Calibrates your results against GAAP principles for your industry and product.

• Provides end-to-end coordination to get your revenue results on time – without restatements due to recognition errors.

• Bridges the gap between CRM, ERP, and Finance.

• Brings the recognition of accrued expense and deferred income together at the proper recognition point.

• Enhances owners’ equity by the proper timing of revenue.

• Allows you to properly manage multiple part arrangements.

• Eliminates the errors and fragmentation of spreadsheet solutions.

• Gives visibility to the entire revenue process and allows you to pro-actively manage the challenges of your revenue stream and maximize your profitability and productivity.

What does Revenue360 include?

Revenue Aggregator

• You can build and define your own custom rules to link fragmented transactions such as shipments, returns, credits, services and much more using our revenue aggregator to get a holistic view of your deal.

• You can arrange deals prior to invoicing based on a variety of pre-invoice metrics such as customers, due date, POs and sales orders. This proactive approach gives unprecedented visibility into revenue treatment, forecast and risks before a deal is executed

• You can automatically organize invoiced deals to parent arrangement to ensure that decisions on a deal is made based on a complete picture of the deal rather than just invoiced parts. This would enable companies to proactively determine if a deal is profitable or if it needs to be adjusted

• You can seamlessly integrate with SFDC and all other major CRM and ERP systems

Revenue Workspace

• You get an end-to-end automation of revenue recognition

• You get an end-to-end automation of expense recognition

• You can create your own custom revenue rules and policies with revenue events (milestones, % complete, POS, shipment, % utilization, approvals from regulatory board) with simple drag and drop.

• You can creation, modify and review revenue schedules

• You can update and impact multiple schedules simultaneously

• You can merge multiple revenue schedules, create carve-outs, cancel, freeze and recast a schedule revenue arrangement

• You can manage and review revenue allocation and redistribution

• You can automatically post to GL

Revenue Compliance

• Get a complete audit trail of user as well as system activities

• Our compliance dashboard can draw upon all active and historical revenue data for auditors and management

• You can track events and information that impacts revenue in real-time (e.g. contracts, agreements, orders, invoices, POS, shipments, controls, etc)

• Revenue360 systematically support compliance with complex revenue recognition accounting guidance, including EITF 00-21, 08-1, SOP 81-1, SOP 97-2, SOP 98-9, SAB 101/ SAB 104.

Revenue Intelligence

• Ability to drive your analytics based on business metrics that can be created or grouped on-the-fly

• Comprehensive revenue recognition compliant reporting and analysis of revenue history

• Detailed analysis of revenue recognition life-cycle

• Detailed revenue recognition analysis for audit

• Revenue recognition compliant analytics by business metrics such as business unit, territory, product group

• Revenue recognition compliant revenue forecasting including deferred revenue by period and pipeline forecasting

• Ability to track pending revenue prior to invoicing.

• Predictive trend-line analysis from history and pending events.

• The ability to create “what-if” scenarios to explore the impact of management decisions or market changes.

• Revenue and profitability profiling.

• Owner’s equity impact projection

• Revenue and profitability profiling.

Revenue Calibrator

• Monitors data interchange between Rev Up and external systems such as ERP, CRM and other business applications that focuses specifically on trends, outliers, and patterns –and to understand business behavior that could have potential impact on revenue.

• Ability to customize calibrator to track scenarios and parameters specific to your enterprise such as, attach rate, service % for VSOE, POS activities,, etc.

• Notifications which can be sent to management based on customizable threshold of given scenario or parameter,

• Actionable recommendations on four key areas: process efficiency , revenue stream optimization, compliance, and revenue forecasting.