Revenue recognition that's always audit ready
Stay safe from manual errors and quickly produce accurate financial data when your auditor comes knocking.
Stay GAAP compliant
Create revenue recognition rules in line with your ASC 606/IFRS 15-compliant revenue policy. Maxio automatically applies these rules across your contracts for compliant, reportable revenue without the risk of human error.
Ditch the spreadsheets
No more manual calculations—choose from dozens of out-of-the-box revenue recognition methods to recognize revenue in accordance with your revenue policy. Automate revenue schedules and deferred revenue waterfalls.
Provide a provable audit trail
Pull audit samples in a snap. Create an Advanced Revenue Summary or use your favorite financial dashboards to quickly drill down into invoices, line items, customers, reported revenue, and more.
Automate your revenue recognition
Apply recognition rules consistently
Apply your revenue policy automatically, consistently, and accurately across your entire customer base. Set revenue recognition schedule based on your revenue policy, and let Maxio take care of the rest.
Recognize revenue deviations
Consolidate journal entries
Sync invoices with your GL
Drill down with your revenue subledger
Detail pages help you connect the dots between customers, invoices, and transactions.
Move seamlessly between customer records, invoices, payment history, and associated records from integrated services like Salesforce and Dropbox. Dive into the details behind your general ledger entries with all the financial information at your fingertips.
Advanced Revenue Summary
Aggregate customer details
See all your revenue data in one place, and create a consolidated journal entry at the end of the month that’s ready for booking to your general ledger.
Drill down for immediate answers
Display data your way
Advanced Revenue Management
Manage multiple schedules
Create multiple revenue books, standard selling prices, and corresponding performance obligations. Apply carveouts as needed—right in your revenue management system.
Compare revenue recognition
Easily compare your old revenue recognition state to the new schedule without changing your underlying transaction data.
Change the contracts you choose
Apply different revenue recognition rules sets to a single contract, or across a larger population of contracts.
Seamlessly integrate with your GL
One-click financial reports
Save your team hours pulling reports every month. Just click “run” for near instant insights into ARR summary, A/R aging, roll forwards, DSO, and more.
Get a demo
Help your finance team sleep at night
Get a customized product demo to learn how Maxio can save your team from audit anxiety and monthly all-nighters.
"Before Maxio, we spent a lot of time checking and reconciling. Now we copy the numbers straight out of Maxio into our revenue recognition journal. It probably takes two minutes instead of a full day."
- Craig Humphrey, VP of Finance and Operations at Arctic Shores (UK)
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