SAN MATEO, Calif., May 27, 2019 /PRNewswire-PRWeb/ -- TrueRev, a provider of cloud-based enterprise solutions for the subscription economy, today announced the general availability of its innovative new subscription management solution, enabling enterprises to manage all of their customer subscriptions from one centralized location. TrueRev allows finance professionals to automate all customer subscriptions, eliminating manual spreadsheets, errors and version control so they can save time and money and dramatically increase company cash flow. TrueRev is synchronized with both Salesforce CRM and Intuit Quickbooks for seamless integration with these best-of-breed CRM and Accounting platforms and is now available at http://www.truerev.com and on the Intuit App Store.
"The new business landscape is the result of a dramatic shift to a 'subscription economy' and there is a whitespace opportunity to help enterprises manage their customer subscriptions in an automated way," said Ali Rizvi, founder and CEO of TrueRev. "TrueRev has been purpose-built from the ground up to fill the gap so that enterprises can get out of the 'spreadsheet business' and automate all of their subscription management and reporting from one centralized, secure, cloud-based solution."
After successfully testing TrueRev in beta for 4 months with over a dozen pilot customers, TrueRev is now generally available to enterprises to automate all of their customer subscriptions at a fraction of today's time and cost. TrueRev eliminates spreadsheets, spreadsheet errors and version control; generates standardized and custom reports (MRR, ARR, cash flow, churn) in minutes vs. days; and dramatically increases cash flow by invoicing customers based on their unique, individualized subcription terms.
TrueRev streamlines the order-to-cash process for companies through a very robust feature set, including:
- Digitally Stored Contracts—one electronic repository for all sales contracts;
- Automated Invoicing— collect payment faster and track cash flow;
- Revenue Recognition—eliminate spreadsheets and comply with ASC 606; and
- Two-Way Sync with Quickbooks—seamlessly update books, both online and on desktop.
With TrueRev, all of an enterprise's customer contracts, subscription terms and documents are just one click away, providing a single "source of truth" for all sales documents instantly—securely stored in the cloud. Enterprises can manage their invoices so they can eliminate the need to key in identical invoices every month and can set up automated billing so their customers know exactly when to pay. TrueRev's real-time reporting allows companies to focus on their most important metrics, using revenue and customer data to improve and grow their business. TrueRev also eliminates the need for cumbersome spreadsheets by delivering accurate, dependable and auditable revenue schedules. New deals, upgrades, cancellations and expanded contracts can all be tracked accurately and easily and accounting software is seamlessly updated in the process, ensuring bookkeeping accuracy.
About TrueRev
TrueRev is a leader in cloud-based subscription management solutions for companies taking advantage of today's subscription economy. TrueRev enables enterprises to manage all of their customer subscriptions from one centralized location and allows finance professionals to automate all customer subscriptions, eliminating manual spreadsheets, errors and version control so they can save time and money and dramatically increase cash flow. TrueRev is synchronized with both Salesforce CRM and Intuit Quickbooks for seamless integration with these best-of-breed CRM and Accounting platforms and is available at http://www.truerev.com and on the Intuit App Store.
TrueRev is privately held and headquartered in San Mateo, California in the heart of Silicon Valley.
MEDIA CONTACT
For more information, contact pr(at)TrueRev(dot)com
SOURCE TrueRev
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