Revenue Management Cloud

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Ensure ASC 606 / IFRS 15 Compliance with Revenue Management Cloud

Accelerate your transition to the new standard with Oracle Revenue Management Cloud

Comply

Adhere to the ASC 606 and IFRS 15 core principles

Automate

Automate revenue calculations based on the new accounting standard

Audit

Provide complete and accurate access to revenue

Integrate

Integrate with your existing ERP and third party systems

Contracts and Performance Obligations
Rules-Based Automation

Use rules-based identification and creation of customer contracts and performance obligations

Flexible Configurations

Leverage flexible, user-configurable rules from contract identification to revenue accounting generation


Revenue Allocations
Simplified

Simplify and automate revenue accounting across product bundles

Compliant

Allocate revenue according to published guidance


Satisfaction Schedules
Performance Obligations: Point-in-Time or Over-Time

Book revenue when performance obligation is satisfied, and easily manage complex satisfaction schedules

Independent of Billing

Process revenue independently of billing


Recognition
Liabilities and Assets

Accrue liabilities and assets with respect to performance obligations valued at expected consideration

Income Statement

Recognize revenue on successful transfer to customer at performance obligation revenue values


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