Revenue recognition, automated.
Contract to journal entry. No spreadsheets, no manual work. Cadel automates the full ASC 606 workflow — whether you're closing books for one entity or managing revenue recognition across hundreds of clients.
| Contract ID | Customer | ARR | Start | Status |
|---|---|---|---|---|
| #C-001 | Acme Corp | $120,000 | Jan 2026 | Recognized |
| #C-002 | Stripe Inc | $85,000 | Feb 2026 | Processing |
| #C-003 | Notion Labs | $240,000 | Mar 2026 | Recognized |
| #C-004 | Figma Ltd | $60,000 | Mar 2026 | Pending |
| #C-005 | Vercel Inc | $96,000 | Apr 2026 | Recognized |
| #C-006 | Linear App | $48,000 | Apr 2026 | Processing |
From upload to close in three steps.
Upload PDF contracts, connect your CRM (Salesforce, HubSpot), or push via API. Cadel parses each contract to identify performance obligations, allocates standalone selling prices (SSP), and handles multi-element arrangements automatically. Bundled deals with software licenses, implementation services, and ongoing support are each tracked separately.
Contract uploaded · Parsing complete
Acme Corp · SaaS Agreement v2.pdf
3 performance obligations · SSP allocated
Performance Obligations
| Obligation | SSP Allocation |
|---|---|
| SaaS Platform License | $100,000 |
| Onboarding Services | $12,000 |
| Priority Support | $8,000 |
| Total | $120,000 |
The ASC 606 5-step model, automated end to end.
Identify the contract
Ingest contracts from your CRM or billing system. Map terms, parties, and obligations automatically.
Identify obligations
AI identifies distinct performance obligations — products, services, licenses, support.
Determine price
Calculate transaction price including variable consideration, discounts, and financing components.
Allocate price
Allocate to each obligation based on standalone selling prices.
Recognize revenue
Recognize as each obligation is satisfied — point in time or over time.
Real results from finance teams.
“We went from a 2-week scramble to closing in 2 days. Cadel handles every journal entry and our team actually has time to analyze now.”
“We manage rev rec for 40+ clients. Cadel processes MSAs, SOWs, and amendments in bulk — our team reviews output instead of building spreadsheets.”
“Implementation was painless. We connected NetSuite and Salesforce, uploaded contracts, and Cadel was generating schedules the same day.”
Works with your stack.
Connect your CRM, billing, and GL in minutes. No fragile scripts, no IT dependency.
Frequently asked questions
What is ASC 606 and does my company need to comply?
ASC 606 is the US GAAP standard governing revenue from customer contracts. It applies to virtually every company selling goods or services. Non-compliance risks audit findings and financial restatements.
How does Cadel automate revenue recognition?
Cadel connects to your CRM or billing system, ingests contracts, identifies performance obligations using AI, allocates transaction prices based on SSP, and recognizes revenue as obligations are satisfied — posting GL-ready journal entries automatically.
Which GL systems does Cadel integrate with?
Cadel supports NetSuite, Sage Intacct, and QuickBooks with bi-directional journal entry sync. Salesforce, HubSpot, Stripe, and Chargebee are supported for contract and billing data ingestion.
Does Cadel support IFRS 15 as well as ASC 606?
Yes. Cadel supports both ASC 606 (US GAAP) and IFRS 15, generating compliant disclosures and journal entries under either framework.
How long does implementation take?
Most customers go live in under 2 weeks. Cadel’s team handles setup, GL mapping, and historical data migration so your finance team can focus on the output from day one.
Can Cadel handle multi-element arrangements and variable consideration?
Yes. Cadel handles bundled contracts with multiple performance obligations, SSP allocation across elements, variable consideration (rebates, discounts, performance bonuses), contract modifications, and SaaS revenue recognition — all under ASC 606 guidance.
What is the ASC 606 5-step model and how does Cadel automate it?
The ASC 606 5-step model requires: (1) Identify the contract, (2) Identify performance obligations, (3) Determine the transaction price, (4) Allocate to obligations, (5) Recognize revenue when satisfied. Cadel automates all five steps — from PDF contract intake through to GL journal entry export.
Is our financial data secure?
Cadel is SOC 2 Type II certified. All data is encrypted in transit and at rest. We never use customer data for model training.
Can Cadel handle revenue recognition across multiple clients?
Yes. Cadel is built for accounting firms and outsourced accounting providers managing revenue recognition across dozens or hundreds of clients. Bulk document processing across MSAs, SOWs, POs, and contracts is handled through long-running workflows — not one-shot prompts.
Revenue recognition, always audit-ready
See how Cadel automates ASC 606 compliance at scale.
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