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Flowrev Cost & Revenue Manager + Xero Accounting Software
A winning combination that's just what you've been looking for!
What is Flowrev?
Flowrev is online cost & revenue lifecycle management software that lets you recognize your costs & revenue over the correct period in Xero easily.
- Recognize revenue / expenses accurately when it is earned / incurred
- Generate flexible recognition schedules using simple recognition parameters
- Easily handle contract changes, cancellations
- Eliminate hard to maintain external spreadsheets and messy workarounds such as fake invoices
- Keep your sales, receivables, etc. reports consistent
- Obtain up to date revenue and expenses on reports easily
What is Xero?
Xero is easy to use online accounting software that’s designed specifically for small businesses.
- It's all online, so you can work when and where you want to. Just login with your PC, Mac or mobile.
- Your bank statements are automatically imported and categorized, letting you see your cashflow in real-time.
- Invite your team and work together on financials. You can collaborate over your up-to-date numbers.
- Xero has all you need to run your business – including invoicing, paying bills, sales tax returns, reporting and much more.
We use Flowrev for clients who have a lot of revenue deferral, or prepayments. It works brilliantly, saving us time at each month end close, and provides a very good pivot table which serves as a complete audit trail when it comes to balance justification at the year end. Not only that but our team enjoys using the tool in preference to journals and supporting spreadsheets, so there is a morale benefit too.
Jennifer Denning Finling Associates Ltd.
If you are a software company looking for a product to help you with complex revenue recognition around subscription revenue Flowrev.com is a great tool that seamlessly integrates with Xero. During our initial implementation the Flowrev team was very helpful in answering all of my questions and getting me setup on their software. We are now using Flowrev.com as part of our financial reporting and month-end processes.
Sean O'Keefe eShares, Inc.
Flowrev has made revenue recognition so easy. Very good guidance and instruction from the Flowrev team getting started, and then it's just a breeze to do the task monthly. Really glad to have found this product, my financial reporting is so much easier and more accurate now.
Stacy Chapman Tahlent, Inc. (SwoopTalent.com)
To learn more, watch the demo video below and read the getting started solution article.