[factsheet] revstream erlm suite - netsuite connector
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FACT SHEET
RevStream ERLM SuiteRevStream for NetSuite
fs/netsuite-1504
As a pioneer and market innovator in the Enterprise Revenue Lifecycle Management category, RevStream continues to lead the way as the first advanced revenue recognition solution to be seamlessly integrated, tested and “Built for NetSuite” verified.
OverviewRevStream’s unique capability allows NetSuite customers to leverage your existing ERP investment to produce a complete solution from Revenue Recognition and Fair Value Analysis, to Revenue Schedule transfer and close in NetSuite GL—a process that is accurate and cost efficient.
As a premier revenue automation specialist and SuiteCloud Developer Network Partner, our RevStream GL Connector is the only advanced revenue recognition SuiteApp to achieve “Built for NetSuite” certification. This verifies that our application meets NetSuite’s standards and best practices, giving NetSuite customers additional confidence in choosing RevStream for your revenue recognition solution.
BenefitsAutomation and Process simplification• Automatically import revenue recognition journal
entries at period end into NetSuite GL as a scheduled or ad-hoc process
no integration required • Embedded app accessed via a native tab in
NetSuite application
• No need to write queries or format/reformat data
single sign-On • Authenticated for secure and private access to
revenue schedules from RevStream once logged into NetSuite
Quick Deployment • Offered as a NetSuite managed bundle for easy
single or multi-entity deployments
• Available to download from the NetSuite SuiteApp Partner online store
flexible• Easy parameter changes to account for entity or
chart of account changes
1301 Shoreway Road, Suite 160, Belmont, CA 94002 | 888.REV.0206 | revstreamone.com
RevStream is the leader and market innovator in Enterprise Revenue Lifecycle Management. We provide financial organizations with a single, comprehensive and flexible platform for managing risk, making accurate forecasts, and ensuring compliance when accounting for revenues across a wide range of industries and monetization models.
Only RevStream delivers the solutions and domain expertise companies need to fully automate Revenue Recognition Management.
Want to arrange a demonstration?
visit us at www.revstreamone.com 888.REV.0206
Auto-Connection to Your revsteam Data• Automatically connects to RevStream to retrieve
revenue recognition journal entries
• Pre-mapped to required Journal Entry (JE) record fields
• Flexible data mapping fields for additional JE details
secured web services to revstream• REST-based web services for performance, scale
and security
Automatic Booking of Journal entries to GL at Period end• Connector can run on automatic schedule or
on-demand at financial period-end to book the RevStream revenue schedules as journal entries into NetSuite GL
KeY feAtures HOw it wOrKsThe RevStream-to-NetSuite outbound GL connector is designed for period end transferring of revenue recognition results as journal entries into the NetSuite General Ledger. This can either be an automated period end process scheduled to run regularly, or an ad-hoc process which a NetSuite user can execute at any point in time.
Web Services
Period end schedulescript executed in NetSuite
Journal Entry data returnedfrom RevStream
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GeneralLedger
Period EndScheduler
Verified on 2015.1