Adopting the new revenue recognition standard poses new challenges for organizations. Read this whitepaper to better understand ASC 606 and IFRS 15, identify what you need to do to prepare for the transition, and find out how other companies are handling the change.
You’ll also learn how the flexibility and an always-on audit approach built into Workday can help you assess your contracts, meet dual reporting requirements, and adopt the new standard with ease.
With the pending changes in revenue recognition, we were very pleased to see that Workday was ahead of the curve. That will impact Care’s B2B business. We were a bit concerned in terms of how we would approach that, but I saw right off the bat that Workday has the functionality that we need. And in fact, we're in the process of starting to roll that out.
Dan Giurleo, Finance Systems, Care.com