REVLOCK

All things revenue recognition ย and ASC 606 related.

Welcome to REVLOCK and the future of RevRec made easy.
ASC 606MRRSSPEarningsDeferred RevenueCommissions
5 Key Steps of ASC 606 for SaaS Companies
The guidelines for revenue recognition outlined under the ASC 606 standard affects all SaaS business and can be broken down into a five-step process.

Jeff Sant

2021-04-15Read more โ†’
Simplifying ASC 606 Compliance with Revenue Recognition Automation
By automating the revenue recognition process, SaaS+ companies can save time and money, in addition to significantly reducing the risk of errors.
ASC 606 automation

Jeff Sant

2021-04-15Read more โ†’
Understanding Change in MRR
Change in MRR, even when it is increasing is really made up of several different parts that you need to dig into to reveal the true story behind what is happening in your recurring business.
MRRChange in MRRSubscriptions

Craig Kirsch

2020-11-25Read more โ†’
MRR for Everyone
SaaS+ companies are innovative companies that have embraced the subscription model but often have multiple valuable revenue streams that are do not neatly fit into a classic subscription model.
SubscriptionMRRInvestors

Craig Kirsch

2020-11-15Read more โ†’
I Want my MRR
SaaS companies understand the importance of โ€œMonthly Recurring Revenueโ€ (MRR). One of the challenges of calculating MRR is that MRR is not a GAAP concept and hence there is not a standard definition for it and it is generally not captured or computed by accounting packages.
MRRASC 606

Craig Kirsch

2020-10-10Read more โ†’
Closing the GAAP Gap
It is important for the sales and finance teams to mutual understand how sales activity maps into GAAP financial statements.
RevRecASC 606Sales

Craig Kirsch

2020-05-08Read more โ†’
You Just Got Financing...Now What?
As new funding and growth comes into the company it is important to not overlook the impacts this will have on the accounting and finance teams.
MRRExcelFinancing

Craig Kirsch

2020-01-10Read more โ†’