Bridging the Gap: Best Practices for RevOps Teams to Collaborate with Finance during ASC 606 / IFRS 15 Implementation

Why Collaboration Between RevOps and Finance Matters Implementing ASC 606 and IFRS 15 can be challenging without proper alignment between finance and RevOps. Finance teams focus on compliance, controls, and accurate reporting, while RevOps drives operational efficiency, forecasting, and pipeline visibility. Misalignment between these teams can lead to delayed revenue recognition, reporting errors, and operational inefficiencies.

Aligning on Data and Processes

Shared ownership of revenue data is critical. Finance teams need transparency into contracts, pricing models, and billing schedules, while RevOps must understand accounting rules and revenue policies. Integration between CRM, billing, and ERP systems ensures both teams work from the same data, reducing reconciliation issues. Appbeez simplify this by connecting operational and financial systems, providing real-time insights into contracts, usage, subscriptions, and one-time fees.

Leveraging Dashboards and Automation

Shared dashboards and automated reporting help both teams access the same metrics, from deferred revenue to usage-based billing. Automation reduces manual handoffs, ensures audit-ready data, and accelerates reporting cycles. With Appbeez, these dashboards are easy to configure, giving real-time visibility across revenue streams and empowering teams to make faster, data-driven decisions.

Building a Collaborative Culture

A culture of partnership, not just compliance, ensures smooth ASC 606 and IFRS 15 implementation. Joint workshops, training sessions, and cross-functional success metrics reinforce collaboration.

The Business Impact

When RevOps and Finance are aligned, companies achieve faster revenue recognition, improved forecasting, and better operational efficiency.  Appbeez provides a single source of truth for revenue data, making it easier for teams to work together without friction. Using tools like Appbeez ensures that compliance with ASC 606 and IFRS 15 is seamless while also enabling strategic decision-making and business growth. Collaboration becomes not just a necessity but a competitive advantage.