3 Things Subscription Businesses Gain With Accounting Automation (and 3 Big Things They Lose)

Subscription businesses have unique challenges when it comes to revenue accounting. In particular, meeting ASC 606 compliance requirements and getting the most accurate picture of revenue – both demand diligence in process and, more importantly, clean data.

And achieving both still takes significant manual effort. Manipulating raw transaction data from Stripe to be accounting-ready, and using VLOOKUP to connect transactions for proper reconciliation? It’s PAINFUL. But it doesn’t have to be. Here are practical tips and tactics to make your life easier at month-end.