Implementing Revenue Systems That Scale: From Data to Audit-Ready | Session 1 of 4 - ERP Spain.com - España y América Latina

Earn 1.0 CPE credit while building the foundation that makes system-driven revenue recognition actually work. Most revenue system projects start with the wrong question. Companies spend months evaluating platforms and debating architecture — then hit implementation and find the data can’t support what they’ve designed. Requirements were assumed, not defined. Gaps weren’t mapped. Legacy data wasn’t prepared. This session starts where the work actually begins. Patrick Herrmann, Solution Architect and Principal Consultant at Ravus, walks through how to define revenue-critical data requirements, assess what your current systems can support, and close the gaps that produce incorrect allocations, timing misstatements, and audit adjustments down the road. What You’ll Learn: After completing this session, participants will be able to: • Identify the data elements required to support ASC 606/IFRS 15 compliance — including contracts, performance obligations, pricing components, and billing schedules • Assess how well commercial structures (product catalog, quoting, billing) align to the correct accounting treatment for each revenue stream • Pinpoint data readiness gaps that commonly produce incorrect revenue allocation, timing misstatements, or audit adjustments • Outline the steps required to prepare legacy data and establish systems of record ahead of a future-state revenue architecture migration • Evaluate current tools and processes against what a sustainable, auditable, system-driven revenue program actually requires CPE Details: Credit: 1.0 hour | Field of Study: Accounting | Level: Intermediate Delivery: Group Internet-Based Prerequisites: Basic understanding of ASC 606/IFRS 15 principles