WASHINGTON, April 8, 2016 /PRNewswire/ -- RevStream, Inc., the leading cloud-based enterprise revenue lifecycle management (ERLM) platform, today announced that RevStream ERLM was named a finalist for the 2016 SIIA CODiE Awards in the Best Financial Management Solution category. Finalists represent the information industry's best products, technologies, and services in the software, content and business technology.
The SIIA CODiE Awards are the premier awards for the software and information industries, and have been recognizing product excellence for over 30 years. The awards offer 91 categories that are organized by industry focus of education technology and business technology. RevStream ERLM was honored as one of 215 finalists across the 62 business technology categories.
"I am amazed by the level of innovation and creativity of the products that have been selected as this year's CODiE Award finalists. We are happy to recognize them for their great contributions and impact they are making on the software, content and business technology industries," said Ken Wasch, President of SIIA.
RevStream's Enterprise Revenue Lifecycle Management platform dramatically improves revenue recognition business intelligence and analytics by centralizing all sales and revenue data in a single system to enable an enterprise view. This approach allows customers to improve accuracy and reduce compliance risks, while delivering the revenue intelligence and visibility needed to make smarter decisions about customer contracts, product pricing,and revenue deferrals.
"RevStream delivered a product for a critical need where no solution previously existed," said RevStream VP and Chief Product Officer Mark Aubin. "We defined the market segment for ERLM, and are at the forefront of the most radical change to public companies financial reporting process since Sarbanes-Oxley. To be included amongst such compelling offerings is an honor."
The SIIA CODiE Awards are the industry's only peer-reviewed awards program. The first round review of all nominees is conducted by software and business technology executives with considerable industry expertise, including members of the industry, analysts, media, bloggers, bankers and investors. The judges are responsible for selecting the CODiE Awards finalists. SIIA members then vote on the finalist products and the scores from both rounds are tabulated to select the winners. Winners will be announced during a virtual award ceremony on May 18.
Details about each finalist are listed at http://www.siia.net/codie/Finalists
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. RevStream is a SIIA CODiE Awards 2016 finalist for the Best Financial Management Solution. Check us out at www.revstreamone.com.
About the SIIA CODiE™ Awards
The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology's finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence. For more information, visit siia.net/CODiE.
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SOURCE RevStream, Inc.