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Using our research, best practices and expertise, we help you understand how to optimize your business processes using applications, information and technology. We provide advisory, education, and assessment services to rapidly identify and prioritize areas for improvement and perform vendor selection

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        Revenue, Lease & Tax Accounting

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        By 2026, higher tax rates and complex trade relationships will force two-thirds of multinational companies to manage transfer pricing using software for optimizing tax exposure more consistently and accurately.
        Robert Kugel

        Robert Kugel

        Executive Director, Business Research

        Regulations driving change

        With the introduction of ASC606 and IFRS15, the accounting department has been forced to change. These new regulations on how revenue from contracts and leases are accounted for and fulfilled. To adjust, many companies have turned to spreadsheets, only creating more problems.

        Definition

        New standards for accounting for contract revenue and for leases impose more complex processes and ongoing reviews that are best handled by software. The standards also are more principles-based, requiring effective process control and comprehensive disclosures.

        Research Fact

        Only one-half (49%) of finance organizations have automated a significant amount of their routine processes.

        Best Practice

        Accounting organizations must apply end-to-end process and data automation for new revenue and lease accounting standards.

        How we can help

         

        Consulting

        Consulting where we deliver expert guidance with our experience, expertise and market research through workshops and assessments for better business outcomes.

        Advisory

        Advisory through our proactive and informed expert advice and insights for optimization of decisions through our Ventana On-Demand service designed for value every month of the year.

        Research

        Research enables insights from our industry analyst team and market research with our Benchmark Research, Dynamic Insights and Value Index research products that provide facts for decisions.

        Education

        Education in a range of business, technology and vertical industry topics through our publishing of digital content in mediums and styles for impactful insights across an entire organization.

        Ready to engage?

        We provide insights and guidance across business and technology. We can help your organization; the first step is to reach out to a member of our team and see how we can help.