Flowrev is online revenue recognition, and life cycle management software (cost recognition coming soon). It complements your cloud based accounting software (Xero), and lets you create flexible recognition schedules for each invoice line item easily locating the revenue or expense on a different date, or over a period of time.
The recognition schedule, aggregated across all your invoices/bills, is easy to track and audit. You can drill down into the details of the recognition build up to ensure accuracy with one click. Seamlessly sync your schedule to Xero, thereby ensuring your reports remain consistent and accurately reflects how your business operates. Unforeseen events, such as early service cancellations, upgrades, etc. are a snap to handle and adjust for.
Flowrev is revenue and cost recognition made elegant. It lets people eliminate the tedious, error prone and hard to maintain spreadsheets that many use for revenue recognition, and eliminate the manual processes used for cost accrual/deferral. Messy workarounds such as fake invoices created just to generate a recognition schedule are no longer necessary.
Please answer the following questions which will help the Flowrev team fine tune the product, and deliver it at the best possible price.
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