Revenue recognition software for subscriptions & usage
Streamline ASC 606 & IFRS 15 compliance, eliminate manual errors, and close books 75% faster with Zenskar’s automated revenue recognition.
Trusted by fast-growing companies
Beyond traditional revenue recognition
Unlike legacy tools, Zenskar decouples revenue recognition from billing, letting you manage performance obligations independent of invoicing terms.
Ditch the Spreadsheets
Just input contract terms and usage data - Zenskar 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.
Automate your Revenue Recognition
Move away from manual calculations and automate the revenue side of accounting.
- Generate perfect journal entries automatically
Automatically creates balanced entries for unbilled and 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 instantly. Get audit-ready reports with a single click.
- Sync revenue data with your ERP
Sync balanced journal entries to your general ledger in real-time. Your revenue data stays accurate and accessible in one place.
Configure recognition rules for your business
Set up revenue recognition rules that match your business. Apply these rules to individual contracts or your entire customer base.
- Handle complex performance obligations
Break down contracts into performance obligations - from simple subscriptions to complex multi-element arrangements. Recognize revenue exactly as obligations are met.
- Automate revenue schedules
Create schedules for every revenue type—deferred, unbilled, and unearned. Adjust schedules without disrupting your existing records.
- Implement multiple recognition methods
Set up straight-line, exact days, fixed periods, milestones, or usage-based recognition methods to match your revenue policies.
Stay audit-ready all the time
Generate compliant balance sheets, P&L statements, and revenue reports that keep your auditors happy.
- Deliver perfect audit trails
Create 100% auditable journal entries with detailed timestamps and revenue waterfall reports. Review and post historical entries while maintaining intact locked periods.
- Manage multi-entity accounting
Manage separate ledgers for each legal entity and jurisdiction from a single login. Record transactions in local currencies while maintaining consolidated visibility.
- Support contract amendments
Recalculate revenue (future and past) when terms change, with manual override options when you need them.
Make better decisions with real-time reports
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.
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
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.
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.
Test Zenskar’s complete feature set in sandbox. No credit card, no risk.
Migrate and implement Zenskar in as little as a few hours to few weeks.
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.
Frequently asked questions
Everything you need to know about Zenskar revenue recognition automation software.
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.
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.
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.
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.
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.
