Commission Expense Accounting Under ASC 606 (IFRS 15)
To comply with ASC 606 (IFRS 15), companies need an automated system to organize and track commissions data detail. See how Xactly Commission Expense Accounting (CEA) compares to the standard enterprise resource planning (ERP) system.
To account for sales commissions under ASC 606 (IFRS 15), companies need a reliable system of record. Automation makes this easier.
Companies need an automated solution that can easily manage and track the amount of commissions data detail required for ASC 606 compliance. They also need to integrate with existing financial systems and provide a clear, secure audit trail. In most cases this means implementing an Enterprise Resource Planning (ERP) system or other tools.
Xactly Commission Expense Accounting (CEA) is an automated, purpose-built solution to help organizations manage the commission accounting process.
See a side by side comparison of ERP systems vs. Xactly CEA in this FREE guide. Download your copy today.