We want to help as many companies as we can avoid the headaches they may face trying to manage ASC 606 and IFRS 15 with spreadsheets and QuickBooks - said Bob Gaby, CPA.CITP, and Arxis Principal.
SIMI VALLEY, Calif. (PRWEB) November 21, 2017
Arxis Technology, Inc., a technology consulting firm specializing in complex revenue recognition criteria resulting from ASC 606 and IFRS 15, and the sale, implementation, customization, and support of Sage Intacct Cloud financial management software, won Sage Intacct’s inaugural Creative Marketing Partner Award for their outstanding coverage and analysis of the ASC 606 Revenue Recognition regulations and impacts.
“We’re proud and honored to receive this award from Sage Intacct for our ASC 606 content. We anticipate these criteria to have deep impacts and largely change the way that SaaS and subscription-based businesses manage and track revenue recognition. We’ve spent the last two years diligently creating educational content so that finance and accounting professionals can discover an automated way to manage the transition and dual reporting,” said David Cieslak, CPA.CITP, and Arxis principal.
“The deadline for public companies to comply with the new revenue recognition criteria is the end of 2017. The old ways of managing revenue recognition will be problematic, and won’t be scalable for affected companies. We’re committed to educating accounting and finance professionals that there is a better way, so this makes our award very timely and meaningful. We want to help as many companies as we can avoid the headaches they may face trying to manage ASC 606 and IFRS 15 with spreadsheets and QuickBooks,” said Bob Gaby, CPA.CITP, and Arxis Principal.
To see some of Arxis Technology’s award-winning content, click here.
About Arxis Technology, Inc.
Arxis Technology is a certified Sage Intacct Premier Partner and Adaptive Insights featured partner with offices across the country, including Los Angeles, Orange County, Baltimore, Washington DC, Chicago, and Phoenix. Our best-in-class solutions, including Sage Intacct, Adaptive Insights, and AvidXchange, enable finance teams to streamline revenue recognition, multi-entity reporting, accounts payable automation, dual reporting, financial forecasting, fund management, intercompany eliminations, cash flow projections, and global consolidations. Arxis assists organizations outgrowing QuickBooks and other legacy ERP systems that need to replace outdated, inaccurate manual processes, and eliminate reliance on spreadsheets.
Since 1994, Arxis has helped growing companies maximize their technology resources and investment. Over the years, we have helped hundreds of small- and medium-sized businesses as their strategic business partner. We specialize in the needs of Entertainment, Software & SaaS, Professional Services, Manufacturing, and Non Profit organizations. Our experienced consultants have a passion for making every facet of your business successful and are intent on building a long-term relationship with every client. For more information about Arxis, visit http://www.arxistechnology.com, or call (866) 624-2600.