In the everything-as-a-service (XaaS) economy, more and more businesses are offering subscription-based products and services with the expectation of improving revenue stability and customer satisfaction. However, the transition from traditional to recurring revenue models - such as subscriptions and pay-as-you-go - comes with a range of new billing and revenue recognition challenges. This is particularly true for businesses that want to migrate to recurring revenue-based offerings while continuing to support legacy products and customers.
Another source of challenge: impending new revenue recognition guidelines for subscription revenues from the US FASB, which will create additional reporting requirements for industries and businesses that have not traditionally had to deal with complex revenue issues.
This webinar is aimed at accounting, financial, and revenue recognition professionals with an intermediate knowledge of recurring revenue and related issues.
This webinar was originally offered for 1 CPE credit. While the presentation can still be viewed, only live participants were eligible for the CPE credit.