Skip to main content

Revenue recognition software your auditors will love

Get a demo
PalUsa logoExtensiv logoEnmark Systems logoSigtech logo

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 a Revenue Details report, our most granular revenue report. Drill into revenue by customer, contract, transaction, and item over a selected time period.

Automate your revenue recognition

A depiction of Maxio's customer dashboard with revenue schedule

Apply recognition rules consistently

Automatically apply your revenue policy with accuracy and consistency across your entire customer base. Configure your automated revenue recognition schedules and let Maxio take care of the rest.

  • Our team is able to report on flash bookings within two days of month end, and we are able to close revenue within five days as a result of implementing Maxio.

    Antonietta Ciccone, Extensiv

    Director of Corporate Revenue Accounting

    Extensiv logo
  • Maxio’s revenue recognition is unparalleled in other systems. It has cut our month-end close down from 15 days to 5 days.

    Tiffani K, Image Relay

    Senior Accountant

    Image Relay logo
  • 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, Arctic Shores (UK)

    VP of Finance and Operations

    Arctic Shores (UK) logo
  • Without Maxio, we would be heavily reliant on spreadsheets. Processes would take much longer and we'd find ourselves looking at a lot of different places in order to get the information that we need.

    Debbie Williams, Enmark Systems

    Chief Financial Officer

    Enmark Systems logo

    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.

    A screenshot of a Contract Details page in the Maxio platform

    Advanced Revenue Summary

    A screenshot of Maxio's Advanced Revenue Summary report configuration options.

    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.

    Advanced Revenue Management

    Manage multiple schedules

    Create multiple revenue books, standard pricing models, and corresponding performance obligations. Apply carveouts as needed—right in your revenue management system.

    Seamlessly integrate with your GL

    Quickbooks logoXero logoSage Intacct_Integration logo

    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.

    A gif showing from Maxio's Invoicing and Revenue Summary features

    Revenue Recognition Software FAQs

    What is revenue recognition software?

    Revenue recognition software is a tool designed for businesses to automate the revenue recognition process while staying within complex guidelines and requirements set by the Financial Accounting Standards Board (FASB). It’s often used by SaaS companies that utilize a subscription billing business model. It helps manage various recurring and nonrecurring revenue streams, considering both standalone selling prices (SSP) and negotiated transaction prices.

    Such software allows businesses to easily recognize revenue at appropriate times during the customer lifecycle, which creates a clear picture of financial health and aids in strategic decision-making.

    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)

    Get a demo

    Explore the #1 finance & billing platform for B2B SaaS

    Subscription billing

    Manage complex billing scenarios without cluttering your product catalog.

    Explore subscription billing →

    Reporting and SaaS metrics

    Never lose sight of your business performance with accurate, reportable SaaS metrics.

    Explore metrics and analytics →

    Subscription management

    Streamline every step of your customer's lifecycle, from onboarding to renewal and beyond.

    Explore subscription management →