Xactly Commission Expense Accounting

Xactly Commission Expense Accounting

A robust commission expense management solution ensures adherence to ASC 606 and IFRS 15 standards. It automates adjustments for contract changes, employee status shifts, and customer churn, while triggering impairments for date or period modifications. Users benefit from automated reports, amortization schedules, and seamless integration with existing systems, enhancing visibility into commission expense lifecycles.

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Top Xactly Commission Expense Accounting Features

  • Automated compliance with ASC 606
  • Real-time contract event updates
  • Comprehensive impairment tracking
  • Pre-built automated reporting library
  • Holistic view of commission lifecycle
  • Detailed commission amortization schedules
  • Customizable profitability statements
  • Seamless integration with CRM systems
  • Compatibility with HRIS and CLM
  • Multi-book accounting management
  • Downstream ledger interoperability
  • Support for modified retrospective approaches
  • Easy auditor preparation tools
  • Sales commission data granularity
  • Automated true-up process
  • Monitoring summary roll-forward
  • Enhanced financial visibility
  • User-friendly dashboards
  • Tailored accounting model comparisons
  • Comprehensive compliance automation solution