navigation

Product Solutions

Armanino's Marketplace - Revenue Recognition Management for Dynamics AX Badge

Revenue Recognition Management for Dynamics 365

Streamline accounting processes and manage complex revenue recognition, deferrals and reallocation with a fully integrated solution that ends reliance on spreadsheets.

Armanino Marketplace > Revenue Recognition Management for Dynamics 365

Armanino’s Revenue Recognition Management for Dynamics 365 (it also works with prior versions of Microsoft Dynamics AX) was built for the unique needs of companies that sell multi-element arrangements, including hardware and software, services, prepaid support tickets, and warranties or maintenance agreements. The solution improves revenue visibility, reduces your compliance risks, and eliminates the challenges of complying with revenue recognition guidelines such as ASC 606.

 

Solution Benefits: Solution Features:
  • Increase productivity through process automation, scalability and standardization
  • Reduce the risks associated with spreadsheets and manual processes
  • Ensure timely revenue recognition and a faster close process
  • Gain accuracy and visibility into revenue forecasts, revenue recognition and financial reporting
  • Benefit from a rapid deployment of best-in-class ERP functionality in Dynamics 365 and AX
  • Integrate best practice revenue management intelligence into ERP 
  • Determine the estimated selling price
  • Identify essential vs. non-essential elements
  • Revenue carve outs and reallocation
  • Revenue deferral
  • Timing and amount recognition
  • Revenue amortization schedules 

 

Revenue Recognition Management for Dynamics 365 Simplified

Revenue Recognition Management for Dynamics 365 is an ISV solution built directly in Dynamics 365 (and Dynamics AX). It simplifies the order entry process by allowing customer service representatives to enter, confirm, pick, pack, ship and invoice orders per their natural workflows, without requiring them to be revenue experts. The solution supports the utilization of sale pricing, discounts, trade agreements and promotions native to Dynamics, as well as importing orders and pricing from CRM.

Keeping all revenue recognition deferrals and recognition schedules in a tightly controlled, well-structured Dynamics database complies with revenue management best practices and will provide auditors with the confidence that you have established adequate controls over your revenue management policies and procedures. Armanino’s Revenue Management module was developed under best practice guidelines, and has been tested and approved for Microsoft’s Pinpoint and  AppSource.

 

Get The Solution

Resources

Revenue Management for AX Cover

Integrating Best Practice Revenue Management Intelligence into Your ERP

In recent years, the FASB has provided a number of updates to the GAAP around the revenue recognition rules for companies that sell multi-element arrangements, where some of those elements have their own delivery schedules.

Download White Paper »

Microsoft Dynamics Revenue Management Solution Cover

Revenue Recognition Management for Microsoft Dynamics 365

Overview of Armanino’s Revenue Recognition Management for Microsoft Dynamics 365 and prior versions of Dynamics AX.

Learn More >>
What's Your Exposure To The New Revenue Recognition Standard Cover

What's Your Exposure to the New Revenue Recognition Standard?

The new revenue recognition GAAP standard is a historic, game-changing requirement that affects almost all entities—public, private, and not-for-profit—that have contracts with customers.

Download White Paper »

What Our Customers Are Saying

"Revenue Recognition for Dynamics AX has significantly reduced the amount of time our finance team spends on revenue management. Additionally, it has made end-of-month and end-of-year close a breeze."

Joe Dobs, CFO, Scientific Learning

Scientific Learning Logo