RevRecog AI automates revenue recognition schedules across contracts and billing models. It builds schedules from contract terms and updates them as billing events arrive, so a schedule can reflect incoming billing activity. Each recognised entry includes an audit trail showing when and why it was recognised and which rule applied. FinMark.ai describes its financial automation products as designed for enterprise finance teams. The company focuses on enterprises that run ERP systems and manage local finance workflows and tax requirements. Its platform connects to an ERP over SOAP or REST, and its modules use the same connection. FinMark.ai says customer data is encrypted both in transit and at rest, tenants are isolated, and the platform undergoes regular penetration testing. It also says it is not currently SOC 2 or ISO 27001 certified. A full security questionnaire is available on request, and FinMark.ai says it will complete a customer's questionnaire. The RevRecog AI page invites visitors to request a demo. Pricing is on request, with no public price or trial stated.
Who it is for
RevRecog AI suits enterprise finance teams that need revenue recognition schedules generated from contract terms and updated as billing events arrive. It may also fit enterprises using ERP systems and managing local finance workflows and tax requirements.
What is good
- Generates schedules from contract terms and billing models.
- Updates schedules automatically as billing events arrive.
- Audit trails record recognition timing, reasoning, and applied rules.
- Connects to ERP systems over SOAP or REST.
- States that data is encrypted in transit and at rest.
What to know first
- Pricing is available on request.
- The company states it is not currently SOC 2 or ISO 27001 certified.
Verdict
Consider RevRecog AI if your enterprise finance team needs revenue recognition schedules tied to contract terms and billing events, with an audit trail for each recognised entry. Request a demo and pricing details to assess fit; FinMark.ai states it is not currently SOC 2 or ISO 27001 certified.
Get started with RevRecog AI
- Visit https://finmark.ai/revenue-recognition-automation.
- Request a demo through the RevRecog AI page.
- Contact FinMark.ai for pricing details.
- Connect the platform to an ERP over SOAP or REST.
Questions about RevRecog AI
How is RevRecog AI priced?
Pricing is available on request.
Is there a free plan or trial?
The page does not state a public price or trial.
What does RevRecog AI do?
It automates revenue recognition schedules across contracts and billing models, generating schedules from contract terms and updating them as billing events arrive.
How does it connect to an ERP?
FinMark.ai says its platform connects to an ERP over SOAP or REST, and its modules use the same connection.
What security certifications does FinMark.ai have?
FinMark.ai says it is not currently SOC 2 or ISO 27001 certified. It says customer data is encrypted in transit and at rest, tenants are isolated, and the platform undergoes regular penetration testing.
How can I contact FinMark.ai?
The contact page accepts sales questions and support requests and lists [email protected] as a direct email address.
