SAP BusinessObjects Solutions for the Manufacturing Industry
Revenue Recognition Analytics for High Tech
At a time of unprecedented economic uncertainty and historically low levels of liquidity, high-tech companies everywhere face intense pressure to maximise performance by ing revenue recognition of their products and services. In today's challenging market, the last thing you want to do is leave revenue on the table.
High tech companies often conduct business according to long-term, multifaceted sales and service contracts that pose a wide range of revenue recognition challenges, such as shifting rules and regulations, siloed data creating the potential for a high risk of non-compliance.
With SAP BusinessObjects industry solutions that support high tech companies, you can leverage powerful industry solutions for revenue recognition analytics – enabling you to make daily business decisions based on accurate revenue data. And capitalise on available revenues to e your overall business performance.
SAP BusinessObjects solutions deliver comprehensive business insight that can enable:
- Revenue data analysis – Interactively analyse revenue metrics sliced by region, line of business, and time period.
- Decision support – View revenue details at the order line, contract, and material level to make informed business decisions.
- Accounting compliance – Take proactive action in accordance with rules that govern revenue recognition practices.
As a result, you can achieve the following benefits:
- Accurately predict deferred revenue streams and capitalise on opportunities to recognise revenue as early as possible.
- Minimise the risk of non-compliance by making decisions based on validated revenue data.
- Gain unique perspectives on the market by proactively combining risk and strategy management.
- Reduce costs and increase productivity by eliminating manual processes and get immediate visibility into your revenue performance.
- Enhance your holistic decision-making process with key performance indicators and analytics drawn from multiple sources to prevent information silos.
SAP BusinessObjects solutions that support revenue recognition analytics include:
Want to Learn More?
"Revenue Recognition Analytics" (PDF)