Tired of exporting tracked hours to figure out which ones actually count for revenue recognition? Need to recognize just the approved billable hours? Or maybe you want to exclude time for certain departments or activities that don’t contribute to revenue?
Even after all the reconciliations, it’s easy to run into revenue recognition errors. You might accidentally recognize hours that don’t drive revenue or miss out on billable hours altogether.
This can lead to revenue leaks and compliance headaches.
And we get it—revenue recognition isn’t a one-size-fits-all process. So, it’s no wonder a standard, rigid approach just doesn’t work.
Introducing Custom Revenue Recognition
Decide exactly which subsets of hours should count toward your revenue. Get the best of both worlds: a fully automated system that manages your revenue recognition schedule, with the flexibility to tailor the rules to fit your specific needs.
Standardize your revenue recognition process
Translate all your unique revenue recognition rules into one streamlined process. Get granular control over which hours count toward revenue—whether it's for specific approval status, roles or departments.
Quickly filter down to the exact roles, teams, or statuses you want to include hours for, making sure every method aligns with your goals.
Achieve higher data integrity and financial accuracy
Say goodbye to multiple exports and manual time adjustments! With Rocketlane, you can trust your revenue data right from the source. Only the hours that truly matter are recognized, keeping your records clean and compliant.
Whether it’s billable, approved, or aligned with your strategic goals, you have the flexibility to decide—with Rocketlane providing the necessary guardrails to execute on them easily.
Want to check it out? If you're already a customer, just log in here and check out this article to get started.
Or, sign up to see the product in action!
.webp)