Last week we attended the 2017 Revenue Recognition Summit as a gold-level sponsor! During the two day conference, we had the opportunity to speak to atttendees about how Obero SPM and Zuora work closely as partners to help ensure compliance with upcoming changes to the Revenue Recognition Standards, ASC 606.
Attendees were most interested in learning more about how Obero SPM’s Incentive Compensation Module will help them automate their compensation accounting processes for the upcoming changes to the revenue recognition standards – ASC 606/ IFRS 15. Full-featured sales compensation management systems like Obero SPM are built with complex compensation plans in mind. Obero SPM can be programmed to automatically calculate commission and other incentive compensation payments, and to capture all transaction characteristics, allocating funds as accounting treatments require.