Recognition Management using Analytics vs Other Technologies

For revenue recognition on Revenue Management, you can use the Revenue Recognition Summary table either on the Revenue Recognition page or on the Recognition Management page. Both tables let you recognize revenue and cost for source records. However, the Revenue Recognition with Analytics on the Recognition Management page provides significant advantages. This new version is designed to give you even deeper insights and more control over your revenue.

Notes:
  • You must manually schedule the data set synchronization. We are actively working to automate this process soon to ensure real-time data display.
  • The Recognition Management page is currently under active development as we continue to deliver improvements and new features.

Benefits of Using the Recognition Management App

With the Recognition Management app, you'll be able to:

  • Get high-level and detailed information about Recognition Schedules in a single grid.
  • Filter and recognize by source record, account, company, and other criteria.
  • Quickly evaluate revenue recognition progress with a clear visual indicator.
  • Customize the grid layout to fit your specific needs.
Availability of Revenue Recognition Functionality Across User Interfaces
Feature Recognize Revenue UI Revenue Recognition UI Recognition Management UI (Analytics)
Recognizes revenue against the Recognition Schedules No Yes Yes
Recognize every revenue or cost recognizable in a single operation Yes Yes Yes
Recognize against multiple source objects while filtering on other criteria No Yes, but with limited criteria on Lightning Yes
Recognizes revenue for multiple periods at a time No, if recognizing all recognizable revenue or cost (Recognize all) Yes Yes
Group Sort and Filter by any field related to the Recognition Schedule Line Completely customizable filter panel Fixed fields in the filter panel Fields in the recognition schedule and 4 analysis dimensions
Customize columns and filters displayed in the grid Yes No Yes
Track revenue progress (Recognized vs Total Scheduled) Yes, with a visual progress bar No Yes, with cell colors for complete status
Recognition Schedule Lines Volume limit in the Grid   1 Million Over 12 Million
Details of the recognition schedules to be visible in the table   Only when clicking on the Details option, it open a different modal Yes
Excluding lines from recognition with row selection Yes No Yes through filtering
Project hierarchy (for example, see which project a milestone is coming from) Yes No On Roadmap
Required Licenses Revenue Management Revenue Management Revenue Management + Core Analytics(System Admin) + View Analytics(Revenue Manager)