If you’ve ever sat in a meeting and heard someone say, “We need to accelerate revenue” or “Why does deferred revenue keep growing?”, you’ve just brushed up against one of the most misunderstood, yet critical concepts in finance: Revenue Recognition. First, What is Revenue? Here’s the big misconception: Revenue is NOT the cash you collected […]
My CPA career as an auditor began at Deloitte & Touche. I gained a solid grasp of Accounting. After all, how hard could it be? You substantiate what was recorded on the general ledger, tick and tie, reconciling everything back to source documents, and ensuring it all aligns with GAAP. Simple, right? Not even close! […]
If one is going to use LinkedIn to analyze their industry’s trends, hearing “AI is the Death of SaaS” too many times may cause an over index on job scare paranoia. It’s akin to saying to someone in the auto industry that “EV is the death of Cars”. It’s an oxymoronic statement that makes no […]
Out of five people, at least one will go down the path of saying, “There are plenty of billing solutions on the market,” or “This is a solved problem.” I thought I’d try to answer that in my first blog post. Let’s talk about enterprise billing in general and why it’s a difficult problem to solve. Young companies usually […]
