Automate Revenue Recognition End-to-End
OCTA Flow runs a complete revenue recognition exercise using deferred revenue schedules, GL revenue details, unbilled revenue schedules, and sample contracts, without manual calculation.
Watch the demo
Watch on YouTube: https://www.youtube.com/watch?v=-cf_3f-qSZQ
Who this skill is for
For revenue accountants, controllers, and CFOs at subscription, SaaS, and services businesses where revenue must be recognized over time rather than when cash lands. If your deferred revenue waterfall lives in a fragile spreadsheet and every new contract means manual schedule updates, this skill runs the whole exercise from the underlying documents.
How it works
- Provide deferred revenue schedules, GL revenue detail, unbilled revenue schedules, and the underlying contracts.
- OCTA Flow reads contract terms directly and computes recognized, deferred, and unbilled revenue for the period.
- It ties the results back to the GL and highlights contracts where recognition and postings disagree.
- The output is a documented rev-rec workpaper your auditors can follow line by line.
The impact of this skill
- Deferred, recognized, and unbilled revenue are computed from schedules and contracts, not by hand.
- Contract terms are read directly, so recognition follows the agreement instead of assumptions.
- The full rev-rec exercise is documented and repeatable, ready for review and audit.
Customer story
See how Monily broke its capacity ceiling with OCTA Flow: https://weareocta.com/resource/customer-stories/monily
Try it yourself
This skill is ready to use in OCTA Flow, with no setup projects and no code. Start free at flow.weareocta.com.