TrueRev Deferred Revenue application feature

Cashflow Reporting

TrueRev enhances cash flow reporting in several key ways, providing businesses with detailed, real-time insights into their financial health enabling businesses to maintain better control over their cash flow, to manage their finances effectively.

Real-Time Cash Flow Analysis

TrueRev offers real-time tracking and reporting of cash flow, which includes the inflows and outflows related to bookings, billings, and revenue recognition. This immediate access to data helps companies monitor their cash position more accurately and make informed decisions

Integration with Accounting Systems

By integrating with QuickBooks and other accounting software, TrueRev consolidates financial data from multiple sources. This integration ensures that all cash flow information is up-to-date and reflects the latest transactions, which is crucial for accurate cash flow forecasting and management

Detailed Revenue and Deferred Revenue Reporting

TrueRev provides detailed breakdowns of revenue streams, including deferred revenue, which is important for understanding future cash flow. This is particularly useful for businesses with subscription models, as it helps in tracking the timing and amount of revenue that will be recognized in future periods.

Customizable Reporting and Dashboards

The platform offers customizable dashboards and reports that allow businesses to tailor cash flow analysis to their specific needs. Users can generate reports on key metrics such as MRR (Monthly Recurring Revenue), ARR (Annual Recurring Revenue), and churn rates, providing a comprehensive view of cash flow performance.

Alerts and Notifications

TrueRev includes features for setting up alerts and notifications for key financial events, such as when cash flow falls below a certain threshold or when significant payments are due. This proactive approach helps businesses manage their liquidity more effectively and avoid potential cash flow issues.

Features

Revenue Recognition

Move your revenue schedules off of Excel and eliminate multiple spreadsheets, manual errors and version control.

Deferred Revenue

Simply account for your monthly revenue and the deferred balance.

Contract Workflows

Keep track of all agreements even in a fast paced SaaS environment.

Revenue Schedules

Move your revenue schedules off of Excel and eliminate multiple spreadsheets, manual errors and version control. Stay compliant with ASC 606.

Subscription Metrics

Generate subscription metrics in minutes instead of days (MRR/ARR, Bookings, Churn, Cash-flow).

Contract Events

New deals, upgrades, cancellations, expansion - all tracked easily and accurately.

What our customers are saying

View our detailed case studies

to learn how TrueRev has helped our customers.

- Super logical to see everything in one platform.
  
  Lucy Zaikina
  
  Dealdesk Manager at Inten.to
- I love it. We have a very strange rev rec policy but, [TrueRev] works well for me because it’s very flexible … takes maybe 10 minutes to put in a contract
  
  Kristen Morris
  
  Business/People & Finance Operations Manager at LineVision
- Any early-stage startup with subscription accruals and a need to report on MRR should get a tool like TrueRev.
  
  Trevor Sumner
  
  CEO at Perch
- TrueRev is everything I need and nothing I don’t
  
  Joe Price
  
  CEO and Co-Founder at CampusOptics
- Love this SaaS Software that understands bookings, invoicing, Deferred Revenue, MRR, ARR. Great alternative to excel!
  
  R. Lee
  
  Controller / Co-founder at Attivo
- TrueRev is a sensible step in moving beyond spreadsheets. We implemented TrueRev without needing any outside support from IT experts. It is fairly simple to use and a good alternative to other revenue recognition software companies heavily funded by large outside venture firms.
  
  G. Preville
  
  CFO at Laurentian CFO Services
- TrueRev has been a game changer for us. We were using very complicated excel spreadsheets to track our billing and revenue that were getting cumbersome and prone to errors. We spent hours reconciling them manually to ensure accurate results. Being a mid-sized company using QuickBooks, we didn’t think there would be a reasonably priced solution that would solve our revenue recognition pains. With TrueRev we avoided migrating to a more expensive ERP and revenue recognition is now something that we don’t dread at month end. It saved us a lot of time and now I have more confidence in our revenue number each month. The implementation was simple, the reporting is great and when any issues arise, TrueRev is fast to respond. They’re always working on feature upgrades and trying to expand their already excellent product. I would highly recommend TrueRev to any small to medium sized SaaS company who wants to simplify their rev rec.
  
  A. Grossman
  
  Director, Controller at Iron Mountain

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