Revenue Recognition Software
Revenue recognition software built for SaaS
Integrates with:
Automate SaaS revenue recognition for accurate reporting
Recognize revenue & track changes
Easily adjust recognition schedules by customer, contract, or transaction without overwriting original data. Reflect real-world changes and preserve financial accuracy.
Stay compliant with ASC 606 and IFRS 15
Apply tailored recognition rules across your entire contract base. Align with ASC 606, IFRS 15, and internal policies.
Sync invoices with your GL
Sync invoices and SaaS payments to NetSuite, Sage, QuickBooks, etc. Reduce manual entry and errors. Close faster.
Consolidate journal entries
Get a unified view of your deferred revenue and journal entries across specific time periods. Streamline reconciliation, ensure transparency, and prevent reporting errors.
Revenue recognition for SaaS companies
Streamline compliance
Create revenue recognition rules matching your accounting policies. Auto-apply across contracts so your reporting stays consistent and compliant.
Automate accounting processes
Replace time-consuming manual calculations. Generate automated revenue schedules and waterfall reports aligned to your accounting policies.
Generate detailed audit trails
Quickly create detailed reports with revenue broken down by customer, contract, transaction, or item over any time period.
Get advanced revenue management
Monitor revenue data in real-time
View real-time financial data with Maxio’s SaaS reporting tools. Filter by customer, contract, or transaction. Drill down. Monitor revenue performance with custom dashboards. Share with stakeholders.
Manage schedules and performance obligations
Create multiple revenue books, pricing models, and performance obligations. Streamline forecasting and auditing. Apply carveouts. Compare previous recognition states to updated schedules without changing original transaction data.
Update contract terms and generate reports
Instantly edit contracts for upgrades, refunds, and other changes. Generate key reports in seconds. Includes ARR summaries, A/R aging, roll forwards, DSO, and more.
Customer reviews
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66% faster
close“Unparalleled. It cut our month-end close from 15 days to 5 days. Great platform!”
Tiffani K.
Senior Accountant Image Relay
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98% faster
reconciliation“Before Maxio, we spent a lot of time checking and reconciling. Now we copy the numbers from Maxio. Takes 2 minutes instead of a day.”
Craig Humphrey
VP of Finance and Operations Arctic Shores
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5 days
to close“We’re able to report on flash bookings within two days of month end, and close revenue within five days as a result.”
Antonietta Ciccone
Dir. Corp. Revenue Accounting Extensiv
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58% faster
close“We’ve gained a lot of time and efficiency. Now our finance team can be leveraged in different areas to help achieve overall company targets.”
Charles Dye
VP of Finance Blue Ridge Solutions
Integrations for your finance team
Revenue recognition software FAQs
Revenue recognition software automates revenue recognition process while meeting Financial Accounting Standards Board (FASB) requirements. SaaS companies typically use it alongside subscription billing software or subscription management software.
It manages recurring and nonrecurring revenue streams by handling standalone selling prices (SSP) and negotiated transaction prices.
For example: A SaaS company sells an annual contract but delivers services monthly. The software recognizes revenue each month rather than yearly, keeping financial statements accurate.
In this case, the automation ensures revenue is recognized at the right time, supporting clear financial reporting and better strategic decisions.
Revenue recognition software helps ensure GAAP compliance by streamlining the revenue reporting process for your business model. Revenue recognition automation features ensure consistent and compliant revenue accounting within the requirements of IFRS 15, ASC606, and other GAAP principles. This keeps your finances in order and streamlines annual financial audits.
Yes. Our automated revenue recognition software can handle complex pricing and revenue scenarios by reducing manual work.
Our cloud-based revenue management solution can recognize multiple revenue streams, handle carve-outs, and reallocate revenue. These help simplify financial reporting and reduce risks tied to spreadsheet-based processes.
It’s especially effective for revenue recognition in SaaS use cases, where subscription models, usage-based billing software, and contract modifications require flexible, automated recognition logic.
Revenue recognition software improves reporting accuracy by eliminating manual processes and applying standardized recognition rules to every contract. This reduces inconsistencies, accelerates month-end close, and ensures your revenue data reflects real business activity.
For finance teams, it means fewer errors, fewer audit adjustments, and greater confidence in the numbers shared with leadership and the board.
Yes, a revenue recognition platform can integrate with other systems. These include customer relationship management (CRM) platforms like Salesforce; enterprise resource planning (ERP) systems like Oracle NetSuite; and a range of project management and general ledgers/accounting software.
These integrations streamline workflows and allows for real-time data sync, ensuring that all revenue-related activities, such as sales, renewals, and cancellations, are accounted for.
Because Maxio includes its own accounts receivable software, you can manage billing and collections without relying on external systems.
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