IFRS 15 Revenue Recognition
Improve your revenue recognition practices with Contavio's next-generation, end-to-end IFRS 15 software solution
Improve your revenue recognition practices with Contavio's next-generation, end-to-end IFRS 15 software solution
Navigating the intricacies of revenue recognition demands more than just basic tools. It requires a sophisticated approach, addressing complexities in ongoing compliance and delivering precise note disclosures.
Contavio’s IFRS 15 software, coupled with advanced contract management capabilities, empowers you to effortlessly identify, record, and disclose diverse revenue streams. Backed by a wealth of experience in IT and revenue recognition, Contavio stands as your reliable partner throughout the entire IFRS 15 process.
From audit ensurability to ERP integration
Via manual input, file upload or automated interfaces
IFRS 15 revenue recongition posting generation
Creation of data-driven IFRS 15 disclosure statements
Extended reports including forecast functionalities
Approval Workflows [4 eyes principle] and certification by a Big4 audit company
Generation of postings for all major FI systems, including SAP, Navision, and more
Contavio’s revenue recognition software is specifically designed to align seamlessly with the principles and requirements of IFRS 15. Its robust features and functionalities cater to the intricate revenue recognition guidelines outlined in the standard, ensuring compliant reporting and minimizing potential errors.
Contavio offers a user-friendly interface and customizable options, allowing your company to tailor the software to your unique processes and system landscape. This adaptability ensures a smooth integration of the software into existing (ERP) systems, enhancing efficiency and reducing the learning curve for your employees.
Initiating the IFRS 15 implementation journey with a 1-2 hours kick-off meeting, Contavio will get your new IFRS 15 process up and running in just two weeks. The timeline may vary based on different factors such as the number of contracts and amendments, as well as your account structures and required reports.
Book a free live presentation of our software. We are happy to answer all of your questions, check weather Contavio is a good fit for your organization, and talk about a 14-days trial. Or just send us a message. We will come back to you as soon as possible.