Aptitude Revenue Recognition Engine (ARRE) helps enterprises account for revenue under ASC 606 and IFRS 15. It connects existing general ledgers and source systems, applies accounting policy through a five-step recognition process, and sends accounting outputs to existing financial systems. Finance users can set and manage recognition rules in business interfaces and a rules-based data preparation layer. For contract accounting, ARRE supports individual contract or portfolio approaches, links performance obligations, and calculates stand-alone selling prices. Its accounting functions include accruals, deferrals, write-offs, configurable journal posting patterns, and debit/credit or delta outputs. Aptitude lists connectors for SAP and Oracle, along with integrations for billing and finance processes. Telecommunications templates cover product lifecycle events and contract scenarios; Aptitude states that the engine supports more than 400 global telecommunications revenue recognition scenarios and can process millions of calculations per hour. The product is aimed at enterprise use, particularly telecommunications providers handling complex, high-volume transactions. Pricing is available by contacting Aptitude, which also offers expert consultations and demonstrations.
Who it is for
ARRE suits enterprises managing complex revenue accounting, especially telecommunications providers with high transaction volumes. Organizations with lower transaction volumes are directed to Aptitude RevStream.
What is good
- Supports ASC 606 and IFRS 15.
- Offers SAP and Oracle connectors.
- Covers over 400 telecommunications scenarios.
- Supports contract and portfolio accounting.
- Included in Aptitude’s ISO/IEC 27001:2022 certification scope.
What to know first
- Pricing is available only on request.
- Lower-volume organizations are directed to RevStream.
Verdict
ARRE combines contract accounting, configurable recognition rules, and integrations with existing finance systems for enterprise revenue workflows. Prospective customers need to contact Aptitude for pricing and a demonstration.
Get started with Aptitude Revenue Recognition Engine
- Visit the Aptitude Revenue Recognition Engine product page.
- Contact Aptitude to discuss pricing and speak with an expert.
- Request a product demonstration.
- Discuss connections to your existing general ledger, billing, and finance processes.
- Use the published API, data dictionaries, and pre-built data hoppers to plan data connections.
Questions about Aptitude Revenue Recognition Engine
Which revenue standards does ARRE support?
It supports ASC 606 and IFRS 15.
How much does ARRE cost?
Aptitude provides pricing on request; prospective customers can contact its team.
Which general ledgers does it connect to?
Aptitude lists connectors for SAP and Oracle, as well as connectors for major general ledgers.
Does ARRE support contract modifications and performance obligations?
The listed capabilities include performance obligations. The engine can link performance obligations into whole contracts.
Is ARRE suitable for lower transaction volumes?
Aptitude directs organizations with lower transaction volumes to its Aptitude RevStream product.
What evaluation options does Aptitude offer?
Aptitude invites prospective customers to speak with an expert or request a demonstration.
Aptitude Revenue Recognition Engine plans and pricing
All plansCompared on revenue recognition software
- Revenue standards
- both
- Allocation methods
- ssp
- Performance obligations
- Yes
- Contract modifications
- Yes
- ERP integrations
- SAP, Oracle
