DemandBlue is delighted to announce our partnership with RightRev, an advanced revenue recognition solution that will help our customers automate all the complexities of a Salesforce revenue account. By partnering with RightRev, we are expanding our focused efforts for Salesforce Revenue Cloud by providing our On Demand services and solutions for revenue accounting standards.
RightRev Inc. is an emerging innovator in Revenue Recognition technology for subscription and consumption-based revenue companies. RightRev’s multi-tenant revenue recognition solution will work seamlessly with Salesforce’s Revenue Cloud to calculate and apply appropriate revenue accounting treatment in accordance with the new and complex guidelines of ASC 606.
Examples of these complex rules include managing multiple performance obligations in one contract, calculating standalone selling price (SSP), accounting for contract modifications, and many more. The new software addresses all these complex scenarios and empowers businesses to quote and sell seamlessly on a unified platform. By automating revenue recognition natively on the Salesforce platform with RightRev, businesses can significantly improve the speed and accuracy of their month end and quarter end close processes. Finance leaders eliminate the stress of manual process, data capture, or downstream integrations for revenue recognition.
“Providing automated and scalable revenue management solutions makes RightRev a natural fit for our Salesforce clients. By eliminating manual processes and ensuring that both sales and finance trust the revenue data being presented we enable the client to focus on what matters most, their business.” says Miles Sims, Head of Revenue Cloud Practice, DemandBlue.
DemandBlue’s On Demand Services (ODS) for Salesforce ensures quick onboarding and agile delivery to its customers. Whether customers are looking to add CPQ to an existing Sales Cloud instance or expand on CPQ into Billing and Partner Portal solutions the ODS model provides the most transparent way to ensure overall project success. DemandBlue assigns a designated Customer Success Manager who works closely with the client to provide expert input on how to leverage Salesforce’s features to the maximum. DemandBlue also provides access to industry and cloud specific experts that can drive best practices and solutioning for complex Revenue Cloud requirements. The Pay-As-You-Use feature of the ODS model has also made DemandBlue’s services more affordable to its customers.
“With the expertise and unique On Demand Services module DemandBlue provides, it made perfect sense for RightRev to partner with DemandBlue on future revenue recognition implementations. Our ultimate goal is to accelerate our clients’ processes and create happy revenue teams!” said Jagan Reddy, Founder, CEO of RightRev Inc.
This partnership brings together two parts for a client’s Salesforce success, with RightRev empowering DemandBlue’s delivery team. Customers will receive solutions for Revenue Cloud projects within the Salesforce ecosystem with On Demand Execution from DemandBlue, continuous delivery and engagement.
DemandBlue provides Salesforce consulting services that include Salesforce implementation, development, customization, integrations, and Admin support. DemandBlue’s commitment to provide the best possible services to its customers is reflected in the fact that DemandBlue’s in-house pool of resources have 386 current Salesforce certifications from 79 DemandBlue employees. Headquartered in Irvine, CA, DemandBlue pioneered its’ On Demand Service model to be a leading Salesforce Consulting Partner with over 233 projects and a 4.9 rating on Salesforce AppExchange.
RightRev is an Automated Revenue Recognition solution delivered at Hyper-Scale on the Salesforce platform. RightRev is committed to providing the most seamless and integrated revenue recognition solutions for modern businesses. From contract changes to subscription renewals, RightRev’s trusted platform tracks the entirety of revenue contracts, from quote, order, invoice to revenue recognition and management reporting. More information at www.rightrev.com