Revenue Recognition Reimagined With AI

Share your contracts and let Zenskar AI automatically derive ASC 606 & IFRS 15 compliant performance obligations, revenue schedules, and close books 75% faster for any subscriptions, or usage-based pricing.

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Trusted by fast-growing companies

4.8
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Beyond traditional revenue recognition

Transform your finance operations with Zenskar’s recurring billing automation software.

Ditch the Spreadsheets

Just input contract terms and usage data - Let Zenskar's AI handles all revenue recognition automatically.

Built for modern pricing

Recognize revenue for any pricing - from simple subscriptions to complex usage-based pricing.

Flexible than legacy systems

Unlike legacy tools, Zenskar handles any recognition method while keeping your billing exactly as is.

Faster close, zero errors

Automatic journal entries flow directly to your ERP with built-in audit trails.

Complete Revenue Recognition

Unlike legacy tools, Zenskar decouples revenue recognition from billing, letting you manage performance obligations independent of invoicing terms.

Revenue Recognition Methods
Straight-line
Milestone-based
Usage-based
End-of-term
Prorated by days
Custom methods
Audit & Control
Full audit trails
Locked period protection
Historical data prevention and modification
Compliance & Reporting
ASC 606 & IFRS 15 compliance
Multi-entity accounting support
Local currency transaction
Balance sheets
P&L statements
Revenue reports
Revenue Distribution
Straight-line
Front-load
Back-load
Customization & Flexibility
No-code rules
Custom reporting periods
Advanced report filtering
2-way ERP Integrations
QuickBooks
NetSuite
Sage
Xero
Zoho Books
AI-powered automation

Automate your Revenue Recognition

Move away from manual calculations and automate the revenue side of accounting with AI-powered automation.

  • Extract POBs from contracts with AI: Automatically derive performance obligations from complex contracts.
  • Automate journal entries: Create balanced entries for unbilled revenue, accounts receivable, and expenses based on contract terms.
  • Export audit-ready reports: View and export debit/credit journal entries, balance sheets, and P&L statements with a single click.
  • Sync with your GL: Sync balanced journal entries to your ERP/general ledger in real-time.
Revenue recognition software creating journal entries for deferred, unearned and unbilled revenues.
Recognition Logic

Configure recognition rules for your business

Set up revenue recognition rules and apply these to individual contracts or your customer base.

  • Recognize revenue as obligations are met: Align revenue recognition with contract-specific milestones.
  • Flexible revenue schedules: Create automatic deferred, unbilled, and unearned revenue schedules, and adjust without disrupting existing schedules.
  • Multiple recognition methods: Set up straight-line, exact days, milestones, or usage-based approaches to match your revenue policies.
ASC 606 & IFRS 15 Compliance

Stay audit-ready all the time

Generate compliant balance sheets, P&L statements, and revenue reports that keep your auditors happy.

  • Complete audit trail: Create journal entries with detailed timestamps. Review and post historical entries while maintaining intact locked periods.
  • Multi-entity access: ‍Manage separate ledgers for each legal entity and jurisdiction from a single login.
  • Contract amendments: Recalculate revenue (future and past) for contract modifications with manual override options.
Zenskar revenue recognition software follows ASC 606 5 step method of recognition
Revenue Analysis

Make better decisions with real-time reports

Give your team the tools to drive strategic financial decisions with real-time financial insights.

  • Create custom reports: Adjust reporting periods and apply advanced filters to focus on the data that matters to you.
  • Provide stakeholder visibility: Share revenue data with key stakeholders, including product teams, C-suite, and board members.

Why modern finance teams choose Zenskar

Revenue recognition doesn't have to be fragmented across multiple tools.

Spreadsheets

Error-prone calculations

Manual updates required

No audit trails

Limited compliance

Time-consuming close

Legacy RevRec Tools

Tied to billing cycles

Fixed recognition rules

Limited pricing model support

Manual workaround needed

Basic ASC 606 support

Zenskar RevRec

Decoupled from billing

Support any pricing

Flexible recognition rules

Automated journal entry and ERP sync

Full ASC 606 & IFRS 15 compliance

Let Zenskar set you free

Reclaim your time and eliminate operational headaches. Zenskar takes over seamlessly and reliably, so you can focus on growing your business.

Matt Barnard

VP of Finance

70% faster month-end closing

“We’re able to automate revenue recognition accurately for our value-based billing, reducing the manual hours spent by 70%.”

Noy Kalansky

Finance Controller

Saved 200+ hours of grunt work

“We're saving 200+ hours/quarter on invoicing and receivables management by completely automating our recurring billing.”

Zachary Rattner

CTO & Cofounder

90% less engineering bandwidth

"We cut 90% of engineering bandwidth spent on billing. Zenskar integrated seamlessly with our tech stack, including Hubspot"

Kshitij Gupta

CEO

4 months faster product launch

“We launched our product 4 months faster instead of building an in-house system for our usage-based pricing model.”

Go live in weeks, not months

We’re with you every step of the way - from pilot to post-implementation. See immediate ROI from day one.

Book a Demo
01
Try risk-free, no commitment

Test Zenskar’s complete feature set in sandbox. No credit card, no risk.

02
Switch to Zenskar lightning-fast

Migrate and implement Zenskar in as little as a few hours to few weeks.

03
Scale as you go with 24x7 support

We work as an extension of your team. Get white-glove support via Slack, Zoom, and email at no extra cost.

Enterprise-grade security

We uphold the highest standards of data integrity and security, so you stay secure and compliant without worry.

Explore more features

Billing

Bill accurately, for subscriptions and usage.

Usage Metering

Ingest, meter, and bill for any usage data

AI-powered contracts

Auto-generate invoices and performance obligations

Analytics

Drive growth with revenue and usage pattern insights.

Frequently asked questions

Everything you need to know about Zenskar revenue recognition automation software.

01
How is Zenskar's revenue recognition software different from others?

Zenskar is the most flexible saas revenue recognition platform in the Within Zenskar, billing is decoupled from revenue recognition. This means revenue performance obligations are independent of invoiced items, enabling flexibility in automation rules and adjustable revenue schedules.

02
How does Zenskar automates revenue recognition?

Our rev rec software automatically implements the 5-step revenue recognition method required by ASC 606 & IFRS 15 standards. Simply provide your contract and usage data, and Zenskar creates compliant performance obligations, revenue schedules, and posts journal entries to your revenue sub-ledger and ERP.

03
Does Zenskar include revenue sub-ledgers?

Yes, Zenskar's revenue recognition includes a proper revenue sub-ledger that houses detailed journal entries for deferred revenue, collections, credit notes, refunds, adjustments, sales tax payables, payment gateway fees, and more.

04
Does Zenskar help us switch from cash to accrual accounting?

Yes, Zenskar's revenue recognition automation follows ASC 606 & IFRS 15 guidelines to accurately recognize revenue on an accrual basis as per the 5-step model and performance obligations defined in your contracts. This allows you to record revenue as it is earned rather than when cash is received.

05
How long does it take to implement Zenskar?

Implementation time varies from a few hours to 10 weeks, depending on the complexity of your pricing models and existing data state. This includes migration, integration, and implementation. We provide live support via email, Slack, and Zoom throughout the process to ensure a smooth transition.