As companies prepare for the new standard, a common trend can be seen: most companies undertake a Proof of Concept. There are many reasons for this, but the top 5 reasons can be grouped as follows:
- Understanding the Accounting Impact
- Understanding the Business Process Impact
- Evaluating System Readiness
- Evaluating Data Readiness
- Performing end to end Testing
To learn more about these, read Larry McKinney's blog post on Top Five Benefits from a Revenue Recognition Proof of Concept.
For more details and a live Q&A, sign-up for our next Rev Rec Webinar on Feb 25th.
