Subscription revenue, deferred balances and usage billing in the ledger.
Software companies outgrow spreadsheet revenue schedules the moment contracts start renewing and amending on different dates. Nexus generates ASC 606 schedules from the contract and posts them period by period.
Pain Point Solved
What this retires.
The revenue workbook that becomes the largest audit risk in the close.
Manual deferred revenue
Performance obligations, allocation and schedules are records in the ledger, with rollforwards produced per period for the audit file.
Amendment drift
Mid-term upgrades and modifications adjust remaining obligations prospectively without corrupting recognized periods.
Disconnected billing data
Stripe billing and payout data streams into the same ledger that produces the revenue schedule, so cash and revenue reconcile continuously.
Feature Mapping
How a contract becomes revenue.
Signature through audited rollforward.
Quote and contract
CPQ Studio builds the arrangement with terms and line level pricing, and acceptance creates the contract record.
Obligation separation
Subscription, implementation and support elements separate into obligations with their own recognition method.
Billing and collection
Invoices issue on the billing schedule with Stripe payment and payout data reconciled against the ledger.
Recognition and reporting
Schedules post automatically, and any recognized amount traces back to the obligation and source transaction.
Load a multi-element contract and review the schedule.
Fourteen days of ASC 606, deferred revenue rollforwards and audit lineage.