Stop managing revenue recognition in spreadsheets
As contract complexity grows — bundled deals, variable pricing, mid-term modifications — spreadsheet-based rev rec breaks down. Cadel automates the full ASC 606 / IFRS 15 / IndAS 115 workflow so your books close faster and stay audit-ready.
Complex scenarios, handled
Revenue recognition gets hard when contracts don't fit simple templates. Cadel handles the edge cases that force teams back into manual calculations.
Multi-element arrangements
Bundled contracts with software licenses, implementation services, and ongoing support — each performance obligation identified and tracked separately.
Variable consideration
Rebates, discounts, refunds, performance bonuses, and penalties estimated and constrained per ASC 606 guidance. Re-estimated each period.
Contract modifications
Amendments, renewals, and scope changes handled with proper accounting treatment — prospective adjustment or cumulative catch-up, automatically determined.
Subscription & usage-based
SaaS models with monthly/annual billing, usage-based pricing tiers, and mid-term upgrades or downgrades — recognized over time as obligations are satisfied.
Multi-currency & multi-entity
Cross-border contracts with revenue in multiple currencies and across legal entities. Automatic FX conversion and intercompany elimination.
Audit-ready output
ASC 606, IFRS 15, and IndAS 115 disclosure tables, journal entries, and supporting schedules generated automatically. Complete audit trail from contract to recognition.
How it works
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.
Frequently asked questions
What is ASC 606 and why does it matter?
ASC 606 (Revenue from Contracts with Customers) is the US GAAP standard governing how companies recognize revenue. It requires a 5-step model: identify the contract, identify performance obligations, determine the transaction price, allocate the price, and recognize revenue as obligations are satisfied. Non-compliance risks restatements and audit findings.
How does Cadel automate revenue recognition?
Cadel integrates with your billing and contract systems to automatically identify performance obligations, allocate transaction prices, and recognize revenue as obligations are satisfied — per ASC 606, IFRS 15, or IndAS 115. It handles multi-element arrangements, variable consideration, and contract modifications without manual spreadsheet work.
Does Cadel support IFRS 15 and IndAS 115?
Yes. Cadel supports ASC 606 (US GAAP), IFRS 15 (international), and IndAS 115 (India). It generates audit-ready disclosures and journal entries under any of these frameworks.
Revenue recognition, always audit-ready
See how Cadel automates ASC 606 compliance for your organization.
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