REDWOOD SHORES, Calif., Jan. 12, 2016 /PRNewswire/ -- RevStream, Inc., the leading cloud-based platform for revenue recognition automation, announces today that LANDESK, the leader in user-centered IT solutions, has benefited from better, faster and more accurate revenue processes since successfully integrating RevStream's automation software with their existing SAP ERP.
The revenue recognition capabilities of SAP were insufficient for LANDESK's growing needs. LANDESK determined that RevStream's high level of configurability and ease of implementation with SAP made RevStream a strong contender for their business.
"We looked at several revenue automation tools," said Dave Peterson, Revenue Recognition Manager at LANDESK. "When it came down to it, RevStream was the best option, both from configuration and implementation stand points, as well as what we were going to get in terms of automation and reporting."
Since going live with RevStream, LANDESK has been able to improve on their reporting. Their internal audit accuracy rose from 85% to 97% and reports were generated much faster.
"One of the greatest benefits has been our new 'Flash Reporting' process," continued Peterson. "Previously, we could not provide revenue updates until about a week after month and quarter end. Now, we can provide daily updates to management leading up to quarter end and give them greater insights into our revenue quicker. With RevStream, because everything is so much more intuitive, I'm able to give management answers more quickly."
LANDESK's workforce has also become more effective. RevStream enables LANDESK to close 40% faster than previously possible, freeing up three to four days' worth of work each month. They now put this time towards other important projects such as more proactive analysis, deeper quality assurance and report documentation.
To learn more about how RevStream can integrate with existing SAP or other ERP systems, visit www.revstreamone.com/schedule-demo.
RevStream Inc., based in Redwood Shores, Calif., is the leader and market innovator in Enterprise Revenue Lifecycle Management. RevStream provides companies across a wide range of industries with a powerful cloud-based platform for managing and automating revenue recognition, reporting and delivering revenue insights that empower more effective forecasting, compliance planning and decision-making. It is the enterprise standard for revenue management for several of the top Fortune 500 companies. Check us out at www.revstreamone.com.
LANDESK, the global authority on user-oriented IT, enables users to be their most productive while helping IT embrace the speed of change. Through the integration and automation of IT systems management, endpoint security management, service desk management, IT asset management, and mobile device management, LANDESK empowers IT to balance rapidly evolving user requirements with the need to secure critical assets and data. With offices located across the globe, LANDESK is headquartered in Salt Lake City, Utah. For more information, visit www.landesk.com.
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SOURCE RevStream, Inc.; LANDESK