Meet new revenue recognition standards with ease.
Workday Revenue Management covers the complete contract-to-cash life cycle, giving you flexible ways to automatically manage contracts, billing, and accounting all from a single system. Plus, built-in support for ASC 605, ASC 606, and IFRS 15 enables smooth migration and dual reporting.
Distinguish billing from revenue recognition and drill down to their respective drivers.
View revenue trend by category for each scenario to plan more effectively.
See the breakdown of different revenue categories and understand how that impacts your top line.