ASC 606: Key Points From the New Five-Step Method

ASC 606: Key Points From the New Five-Step Method

ASC 606, Revenue From Contracts With Customers, changes the way that software and professional services companies, among others, need to record and recognize revenue from their various contracts. It’s one of the big new changes that we’re keeping tabs on closely this...
What Does Revenue Recognition Mean in 2017?

What Does Revenue Recognition Mean in 2017?

Above: The Enron complex, photo courtesy Wikipedia   Revenue recognition, at its core, is an accounting principle that specifies the conditions where revenue is recognized or accounted for, and follows generally accepted accounting principles (GAAP). Revenue...
No Surprise: NetSuite Leads the ERP Pack

No Surprise: NetSuite Leads the ERP Pack

Anyone who knows Bi101 knows that we’re evangelists for NetSuite, our partner for helping software and professional services companies take control of their finances and negotiate regulatory issues like revenue recognition. There’s no question that we’re big fans, but...
The Post-Postini Scramble for Better Email

The Post-Postini Scramble for Better Email

This year marks the 5-year anniversary since Google shut down all of Postini’s web services and folded the service’s users into Google Apps. It was a complicated time, and while a number of other solutions have sprouted up in the years since Postini’s disappearance,...