Clarevon Revenue Recognition manages customer contracts and the steps needed to produce revenue schedules, journals, and disclosures. Its workflow takes in contracts, identifies performance obligations, allocates transaction prices using standalone selling prices, and syncs schedules and journals. The product estimates and constrains variable consideration. Outputs include revenue schedules, contract asset and liability movements, revenue journals, and IFRS 15 disclosure support. Clarevon describes it as a way for users to understand deferred revenue, variable-consideration exposure, and the effects of contract changes. The product can be purchased and operated on its own. When used with other Clarevon products, its schedules, journals, disclosures, controls, audit evidence, and compliance signals can flow into shared platform tools. Clarevon lists journal posting integrations including QuickBooks, SAP, Oracle, NetSuite, Dynamics 365, and Sage Intacct. Pricing is on request, and the product page offers a demo booking to discuss it. Clarevon describes its platform as built for finance and compliance teams and CPA firms.
Who it is for
The product is intended for finance and compliance teams and CPA firms handling contracts and revenue accounting workflows. It may suit organizations that need IFRS 15 disclosure support and journal posting integrations.
What is good
- Manages contract intake through schedule and journal sync.
- Estimates and constrains variable consideration.
- Supports IFRS 15 disclosures.
- Can operate as a standalone product.
What to know first
- Pricing is available on request.
- A demo booking is offered to discuss the product.
Verdict
Clarevon Revenue Recognition covers contract processing, allocation, schedules, journals, and disclosures, and can run independently. Teams evaluating it should confirm fit and pricing through the offered demo discussion.
Compared on revenue recognition software
- Revenue standards
- ifrs 15
- Allocation methods
- ssp
- Performance obligations
- Yes
- ERP integrations
- QuickBooks, SAP, Oracle, NetSuite, Microsoft Dynamics 365, Sage Intacct, Xero, Sage
