We begin by understanding ASC 606. The financial accounting board issued Accounting Standards Codification(ASC) 606 that impacts all businesses that enter into contracts to transfer goods and services- public, private and nonprofit entities. It is important to understand that all entities are/were affected by the Accounting Standard’s new and modified quantitative and qualitative disclosure guidance, …
Let us start by knowing what is On-Cloud and On-Premise. In very simple words, On-cloud refers to the servers that are accessed over the internet including software and databases present. On the other hand, On-premise is when an organization keeps all of its Information Technology infrastructures onsite either managed by third-party vendors or by themselves. …
Software testing is a significant element for enterprises that maintain and develop proprietary software to ensure on-time releases, quality, and performance. The pressure on internal technology organizations to quickly validate software quality continues to increase with the growing need to meet business and end-user requirements. The need to implement test automation planning, tools analysis, maintenance, …
Let us start with understanding what is revenue recognition in simple terms. It is a generally accepted accounting principle of contract sharing details on how and when revenue is recognized. Revenue recognition takes place when a product or service is sold, the revenue is recognized and the customer makes the payment. Now, comes the question …
Given the breadth of services, product, and support companies provide today–excelling in all selling and service channels all the time is difficult. A cloud-based Configure Price Quote (CPQ) application can be a game-changer for improving the customer or partner engagement process of quoting by providing global scalability at the platform level which enables the customization …
Daily operations in an organization create loads and loads of data which if properly used could be an integral part of an organization’s growth and development. This data is generated by sales, orders, marketing, surveys, financial transactions, and customer services of an organization. Now, what organizations do with the huge collection of data? Organizations classify …
WHY RISEONCPQ.com In an ever-growing and increasingly competitive B2B/eCommerce market, the war of dominance for B2B tools keeps narrowing down further with companies like Salesforce, SAP, others gobbling up competitors and sending the message that they are the players who can deliver! But, slow down and look closer. That is not what the data/facts show! …
Ayara’s Revenue Analytics provides fact-based, powerful, actionable revenue management insights to maximize business growth, operational productivity, and margins. By ingesting and connecting all data assets acquired during the end to end customer sale cycle, it unleashes revenue intelligence by tapping into various hidden trends and metrics across entities, products, and geographies. Powered with advanced AI …
Most enterprises are automating their Quoting process, either with a standard software vendor or custom software. My previous article “Quoting: Common Challenges” summarizes the business challenges in the quoting process and what enterprises should evaluate before adopting an industry-proven solution. While talking to several customers, a set of fundamental questions arise and getting answers to these questions …
Let’s face it. Cloud computing isn’t on everyone’s wishlist for 2019 and beyond yet. Organizations are slowly charting the path to Cloud but nobody is really there except of course the Cloud providers themselves Why? Cloud computing worked well for batch operations or high-performance computing. But for someone looking to port their on-prem applications to …
