Automate revenue recognition for SaaS and usage
Move beyond Excel with customizable revenue recognition rules, audit-ready financial reports, and seamless automation for revenue accounting end-to-end.
Trusted and loved by fast-growing companies
Breeze through audits
Ditch manual calculations and sail through audits with automated, real-time journal entries. Ensure accurate revenue reporting and clear audit trails.
Close books faster
Automate double-entry accrual accounting to speed up month-end close. No more manual entries and reconciliations.
Stay compliant, always
Automate revenue recognition with ASC 606/IFRS 15 5-step model and generate compliant audit-ready revenue reports without human error.
Real impact from real users
Zenskar automates revenue recognition, cuts manual workarounds, and eliminates costly errors.
With Zenskar's automated journal entries and clear audit trails, we've eliminated all manual reconciliation errors. The system ensures ASC 606 compliance while tracking every transaction, making our audits seamless and giving us complete confidence in our financial reports."
Tracking and recognizing revenue across hundreds of customers was overwhelming before Zenskar. With their automated system, we can now generate compliant revenue reports instantly, saving our team over 250 hours each quarter.
Zenskar transformed our revenue recognition from a complex spreadsheet setup into a seamless automated process. Our month-end close is now 75% faster, with complete audit trails and precise journal entries.
Say goodbye to manual revenue accounting
Move away from manual calculations and automate the revenue side of accounting.
- Create balanced journal entries automatically
Generate entries for accrued & deferred revenue, accounts receivable, and expenses based on contract terms.
- Export audit-ready reports easily
View and export debit/credit journal entries, balance sheets, and P&L statements with a few clicks.
- Maintain a single source of truth for revenue data
Sync balanced journal entries to your ERP/general ledger in real time for error-free accounting.
Configure custom rules for your business
Allow finance teams to build and modify accounting and revenue recognition rules without relying on engineers.
- Create performance obligations
Break down contracts into performance obligations, and recognize revenue as obligations are met. - Customize obligations and schedules
Create performance obligations on demand and automate revenue schedules for all entry types. (deferred, unbilled, unearned, etc.) - Implement multiple recognition methods
Recognize revenue using straight-line, exact days, fixed periods, milestones, usage-based, or end-of-term methods.
Handle ASC 606/IFRS 15 compliance
Get a clear view of your revenue and financial performance and make informed decisions.
- Generate compliant financial reports
Automatically create balance sheets, P&L statements, and revenue reports adhering to ASC 606/IFRS 15 standards.
- Manage multi-entity accounting
Maintain separate ledgers for each legal entity/jurisdiction and record transactions in local currencies.
- Support contract amendments
Recalculate revenue (future and past) when terms change and ensure accurate revenue recognition and reporting.
Make better decisions with real-time insights
Give your team the tools to drive strategic financial decisions with real-time financial insights.
- Get deeper insights with custom reports
Easily adjust reporting periods and apply advanced filters to customize—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. - Maintain comprehensive audit trails
Review and correct past entries without impacting locked periods or altering historical reports.
What you get with Zenskar RevRec
We don’t gatekeep any features from you. Here’s all you get with our platform at no additional charges.
Discover our full suite of features
Accounts Receivables
Improve cash flow with automated collections and dunning.
Frequently asked questions
Everything you need to know about the product and billing. Can’t find what you are looking for? Please chat with our friendly team/Detailed documentation is here.
Yes, Zenskar is designed to handle billing for any subscriptions, usage-based pricing, and custom contract terms. Our advanced system can ingest any type of contract, pricing information, and usage data to generate invoices, manage receivables, and ensure compliant revenue recognition.
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.
Unlike most billing tools, Zenskar offers the best of both worlds. Engineers can use flexible APIs to tailor Zenskar to your specific needs. Once it’s configured, your non-technical team gets full flexibility to make pricing changes with our point-and-click builder and automate billing without ever relying on engineers.
Absolutely. Zenskar automates revenue recognition in compliance with ASC 606/IFRS 15 standards. Our flexible system allows finance teams to create accounting entries without coding, ensuring accurate and compliant financial reporting.
Zenskar supports multiple currencies and integrates with third-party solutions like Avalara to handle local taxation nuances in various geographies, making it perfect for global businesses.
Yes, Zenskar offers a commitment-free pilot at zero charge. You can use the sandbox to experiment and test the environment extensively before migrating. Most of our customers start with the pilot, and then migrate to the system gradually. We provide full support throughout the transition phase via Slack, Zoom, and email, and we help you configure contracts, migrate relevant data, and build custom integrations as needed.
Don't let another dollar slip through the cracks
