Description

Workday Revenue Management is an all-in-one revenue management solution designed for auditors, financial teams, and business managers. It enables users to manage contracts, billing, collections, accounting, and analytics in a centralized system, compare multi-element revenue scenarios using different assumptions, and streamline contract-to-cash processing. Features include support for ASC 605, ASC 606, and IFRS 15 compliance, price list and customer contract management tools, automated billing and revenue recognition, CRM integration, revenue scenario modeling, revenue allocation and adjustments, multi-year revenue schedules, configurable billing schedules, predictive customer risk scoring, embedded analytics, and global consolidation.