Revenue recognition company enables end-to-end revenue automation to support customers’ evolving monetization needs.
Revenue recognition automation leader RightRev has deepened its strategic Salesforce partnership by delivering an enhanced solution specifically designed for Revenue Cloud Advanced (RCA) and Revenue Cloud Billing (RCB). The RightRev offering for Salesforce provides a hyper-scale solution to automate all monetization models across any transaction volume.
Legacy revenue recognition solutions were designed for straightforward subscription models and modest transaction volumes. However, modern enterprises now face unprecedented complexity as customers demand greater purchasing flexibility through usage-based pricing, credit systems and hybrid monetization models amid exponentially growing transaction volumes. These factors are driving the need for agile revenue recognition capabilities that can meet these changing pricing and packaging strategies. With RightRev, companies already on Salesforce can recognize revenue for any monetization model.
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RightRev is the only native revenue recognition software on the Salesforce Revenue Cloud platform that is context-aware of all pricing, quoting, contract and billing data and can enable revenue recognition using its rules-based engine. RightRev empowers businesses to seamlessly adapt their monetization strategies and execute complex sales transactions through Revenue Cloud Advanced, connecting every stage from initial quote creation through cash collection to final revenue recognition. All of this can be done without requiring lengthy implementations, system overhauls or custom code development.
“For the past five years, Salesforce has been proud to partner with RightRev to help customers accelerate revenue growth and maximize sales impact. Built on Salesforce Revenue Cloud, RightRev brings deep expertise in automating revenue recognition and enabling continuous revenue forecasting. Together, we’re empowering organizations across the lead-to-revenue lifecycle, helping them unlock growth, gain clearer visibility, and make smarter decisions with confidence,” said Meredith Schmidt, Executive Vice President, Salesforce Revenue Cloud.
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“As partners, we’re in lockstep with Salesforce, innovating in line with their new products and capabilities. Our end-to-end solution is context-aware; it understands Salesforce transactions, objects, and business use cases and applies revenue rules automatically. With this pairing, we’re helping our customers shorten month-end close cycles, eliminate manual work, and unlock bigger transformation opportunities,” said Jagan Reddy, CEO, RightRev.