Press release
Leeyo Software’s RevPro 2.1 Revenue Recognition Automation Software Achieves SAP Certification
SAP has certified Leeyo Software's automated revenue recognition software as integrating with the SAP NeWeaver® technology platform.Santa Clara, CA, September 27, 2011 -- Leeyo Software, Inc., a global leader in automated revenue recognition for ERP platforms, announced today that its RevPro version 2.1 has achieved SAP certification as powered by the SAP NetWeaver® technology platform. The RevPro 2.1 solution, now proven to integrate with SAP® solutions, delivers a rapid data integration path, increased revenue automation, and expanded management capabilities.
“We are delighted to announce the successful certification of our RevPro 2.1 suite of revenue automation modules as powered by SAP NetWeaver,” said Jagan Reddy, CEO of Leeyo Software. “RevPro continues to allow companies, large and small, to automate daily, monthly and quarterly revenue tasks as well as utilize system-embedded revenue best practices to maintain compliance with ever-changing Financial Accounting Standards Board (FASB) revenue guidelines. This certification continues our commitment to our customers – including those using SAP solutions – to deliver innovative, real-time solutions across the revenue cycle.”
The SAP Integration and Certification Center has certified that RevPro 2.1 integrates with the SAP NetWeaver Process Integration (SAP NetWeaver PI) 7.0 offering to exchange critical data with instances of SAP Business Suite software. This was certified via the SAP integration scenario NW-XI-CNT 3.0.
RevPro 2.1 is a suite of powerful revenue modules that automate an organization’s revenue recognition requirements under multiple accounting guidelines such as ASC 2009-13 and 14 (formerly EITF 08-1 and 09-3) and ASC 985 (formerly SOP 97-2). With the automated integration with the SAP NetWeaver environment, customers are able to leverage the power of the sales and distribution application of the SAP ERP applications with the RevPro suite of modules to automate key revenue tasks such as:
Fair value analysis for vendor-specific objective evidence (VSOE) and best estimate of selling price (BESP)
Linking of revenue transactions in SAP applications
Revenue allocations and carve-outs
Timing management of revenue deferrals and releases
Real-time revenue forecasts
Real-time revenue analytics with drill-down capabilities
As certified, RevPro provides a robust out-of-box data integration tool that utilizes standard technologies from SAP such as ALE, IDOCS and SAP NetWeaver PI 7.01 to integrate with RevPro’s suite of Simple Object Access Protocol (SOAP) services.
Those interested in learning more about the unparalleled power of RevPro, please visit http://www.leeyo.com/request-demo.html to request a live demo or to talk with companies that have changed how they do revenue recognition with RevPro.
About Leeyo Software, Inc.
Founded by revenue recognition and IT experts, Leeyo Software, Inc. is the leading provider of software solutions for revenue recognition automation and management. RevPro by Leeyo is the first enterprise class out-of-box solution for automation of ASC 2009-13 and 14 (formerly EITF 08-1 and 09-3) and ASC 985 (formerly SOP 97-2) in the market. RevPro is used by leading companies to automate all aspects of revenue recognition. RevPro’s robust user-interface is easily configurable to company's unique business requirements. RevPro efficiently integrates with and leverages the functionalities of ERP systems from vendors including SAP AG, Oracle, PeopleSoft, NetSuite, Great Plains and others.
For more information, please contact:
Leeyo Software Sales: Jeff Jackson, 408-465-4520, jeff.jackson@leeyotech.com
Leeyo Public Relations: Winnie Jeung, 408-912-1842, winnie.j@leeyotech.com
SAP, SAP NetWeaver and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned herein are the trademarks of their respective owners.
Founded by revenue recognition and IT experts, Leeyo Software, Inc. is the leading provider of software solutions for revenue recognition automation and management.
Contact:
Winnie Jeung
Leeyo Software, Inc
2350 Mission College Blvd, Suite #1100
Santa Clara, CA 95054
408-912-1842
winnie.j@leeyotech.com
http://www.leeyo.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leeyo Software’s RevPro 2.1 Revenue Recognition Automation Software Achieves SAP Certification here
News-ID: 193688 • Views: …
More Releases for SAP
SAP Extended Warehouse Management (SAP EWM) - Epic Guide for U.S. Enterprises
What Is SAP Extended Warehouse Management?
SAP Extended Warehouse Management (SAP EWM) is a powerful, flexible warehouse management system developed by SAP SE. It allows organizations to efficiently manage and optimize their warehouse operations, from inbound and outbound logistics to inventory tracking and resource management.
Related terms: SAP EWM software, warehouse automation with SAP, extended warehouse logistics.
In the U.S. market, where logistics, fulfillment speed, and cost efficiency are crucial due to high…
atkrypto.io Enterprise Blockchain Platform for SAP joins SAP PartnerEdge Open Ec …
atkrypto.io, the Enteprise Blockchain Platform leader, announced today that it has signed an SAP® PartnerEdge® program agreement. The program provides access to resources, services and benefits that will help atkrypto.io build and maintain a successful partnership with SAP.
By partnering with the SAP PartnerEdge Program, atkrypto.io intends to help SAP Customers with enabling their Web3 and Blockchain visions to come to life.
atkrypto is an Enterprise Private Blockchain Platform taking blockchain to…
SAP Application Services Market Services for SAP Applications 2024 to 2030 | SAP …
The Report on "SAP Application Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Overview of SAP Application Services Market: The SAP Application Services market is witnessing substantial growth due to the widespread adoption of SAP (Systems, Applications, and Products) solutions by businesses for enterprise resource planning (ERP) and business process…
Unlocking the Full Potential of SAP ERP: Understanding SAP AMS
Every organization invests significantly in enterprise software solutions like SAP ERP. However, reaping the full benefits and realizing the true value of this software requires effective maintenance and management, which is where SAP AMS comes into play.
So, what exactly is SAP AMS? It's a crucial service that steps in after the implementation phase. It assists the IT department in handling complexities by maintaining the existing SAP technology. Essentially, SAP AMS…
Investigation announced for Investors in shares of SAP SE (NYSE: SAP)
An investigation was announced over possible violations of securities laws by SAP SE in connection with certain financial statements.
Investors who purchased shares of SAP SE (NYSE: SAP), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by SAP SE regarding its business, its prospects and its operations were materially false…
SAP Business One Partner adopts TaskCentre for SAP Business One
Orbis Software today announced that Infinium Technologies has joined its TaskCentre for SAP Business One channel partner program. The partnership will enable Infinium Technologies to address complex SAP Business One Integration, Workflow and process automation requirements through the TaskCentre Business Process Management (BPM) Suite.
Manian Shankhar, Managing Director for Infinium Technologies highlighted the rationale for partnering with Orbis Software, “One of the primary drivers for joining the Orbis Software partner was…
