Zuora RevPro Helps Poly Automate Revenue Recognition and Unlock New Business Growth - Seite 2

Prior to using Zuora, Poly manually allocated revenue for hundreds of thousands of complex sales contracts with multiple performance obligations via spreadsheets -- a time-intensive and error-prone process offering little visibility into critical financial data until month-end when journal entries were already booked. Subsequently, revenue forecasting and the production of management reports was delayed. As Poly began its ERP implementation, the company realized that traditional ERP and spreadsheets weren’t enough to handle the complexities of their growing business. Poly needed a cloud-based application that could both streamline manual processes and seamlessly interoperate with its ERP system.

“With Zuora RevPro, we were able to dramatically reduce the time spent on management reporting by automating our revenue recognition. Not only are we able to accurately calculate margins and forecast revenue by product line in real-time with a readily available dashboard, we now also have the insights we need to advise the business on the right pricing decisions while maintaining ASC606 compliance,” continued Gomez.

Poly’s Senior Manager, Revenue Operations, Chris Gomez and Plantronics’ and Sr. Director, Revenue Accounting and Operations, John Benavides, will speak at today’s Subscribed for RevRec event.

About Zuora, Inc.

Zuora provides the leading cloud-based subscription management platform that functions as a system of record for subscription businesses across all industries. Powering the Subscription Economy, the Zuora platform was architected specifically for dynamic, recurring subscription business models and acts as an intelligent subscription management hub that automates and orchestrates the entire subscription order-to-cash process, including billing and revenue recognition. Zuora serves more than 1,000 companies around the world, including Box, Rogers, Schneider Electric, Xplornet and Zendesk. Headquartered in the Silicon Valley, Zuora also operates offices around the world in the U.S., EMEA and APAC. To learn more about the Zuora platform, please visit www.zuora.com.

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