A comprehensive, flexible, scalable and globally compliant revenue accounting application developed by Forsys, supporting ASC 606 and IFRS 15 standards across industry domains.
Ayara ensures revenue recognition & accounting compliance with applicable standards. It eliminates various manual processes in the revenue accounting life cycle.
It helps in accurate reporting and provides easy accessibility by excluding spreadsheets and documents which results in powerful insights for better decision making and strategies.
- Accounting Arrangement (Pre & Post Booking)
- Quick fair value analysis/allocations
- Comprehensive triggers & accounting
- Competent forecasting
- Robust deferrals & accruals Management
- Reassessment of contract modifications
- Support multi-revenue standards, ledgers & currencies
- Controls & Audit
- Supports accounting models for several industries across geographies