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
to learn how TrueRev has helped our customers.Love this SaaS Software that understands bookings, invoicing, Deferred Revenue, MRR, ARR. Great alternative to excel!
R. LeeController / 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. PrevilleCFO 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. GrossmanDirector, Controller at Iron Mountain
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