NetSuite and ASC 606 For Private Companies
Streamline. Automate. Comply.
Private companies will need to ensure compliance with ASC 606 starting in 2018. Attempting to be compliant through a maginaery of spreadsheets and disparate systems will prove impossible and could be detrimental to a company’s existence. NetSuite’s award-winning financials software simplifies the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period, or diverse obligations in a bundle. The results are “always on” compliance, real-time revenue intelligence and actionable data.