TekStack Revenue helps you manage your subscriptions, invoicing and revenue. It will help you eliminate error-prone and time-intensive spreadsheets, and automate recognition calculations, adhering to all key revenue recognition standards .

Protect renewals with proactive notifications. Analyze customer data at any stage (unbilled, billed, MRR, paid, unpaid, cost-benefit analysis), make informed decisions, and take actions that have impact.

Why TekStack Revenue?

As a Software as a Service (SaaS) company, you work hard to get every dollar of subscription revenue in the door. But are you managing all that important information in a spreadsheet that sits between your Customer Relationship Management (CRM) system and your accounting system?

Organize all your revenue operations right in TekStack. Manage all recurring revenue from one tool, as a part of the built-in Opportunity process, also managing renewals and co-terminating subscriptions as well.

What does it do?

Shows you a detailed dashboards showing information related to Annual Recurring Revenue, Total Contract Value, invoicing for time entries, milestones, invoices that are new and ready to send to customers, as well as your revenue and subscriptions.

Invoices - Services

• Time Entry Invoicing allows you invoice all time entries right from the list view. The time entry will show that it is invoiced. You’ll also see invoices in the both the project and account records under the Invoices tab. This is for Time and Materials that have been completed on the project.
• Milestone Invoicing allows you to invoice all milestones right from the list view. The invoiced milestone task shows that invoicing was completed in the Status Reason. You’ll also see invoices in the both the project and account records under the invoices tab. This is for Fixed Price tasks that have been completed on the project.

Invoices - All

Easily review comprehensive lists of invoices from all accounts that are new, ready to send, unpaid and paid. From here also, you can see and send those that are ready to send. You can also see a list of those already sent.

Revenue

You’ll see your revenue shown in different views including All Revenue, Actual Revenue, Lost Revenue and Recurring Revenue. It includes all deferred revenue records. Use these records for revenue recognition in your accounting systems. TekStack offers integration with Business Central. Refer to our Knowledge Article, Recognize your Subscription Revenue for more information.

Orders

We put orders under the Subscriptions section in the left navigation but your orders may contain non time-related products, such as services or licenses. Orders are generated from opportunities and often include one-time fees. You can see your orders in different views including All, Active, Inactive, and Orders from the past 30 days.

What you’ll see

In the Revenue area of TekStack, the left navigation pane gives you access to important functionality under: My Work, Services Invoices, Subscriptions, Invoices, Revenue and Customers.

My Work

Under the My Work section of this area, you will see dashboards that show you My Daily Look and Activities.

My Daily Look shows different dashboards in the following views.

Activities shows work tasks that are due as a default. This set of list views is similar throughout the software.

Services Invoices

In this section, you will see all the entries that need to be invoiced, both Time Entries and Milestones. As the Finance Analyst who reviews and prepares this work, it is handy to see what is outstanding at the moment.

• Time Entry Invoicing

Here you will see various lists of time entries. The “default” view lists all approved time entries that are ready to invoice. This makes it easy for your Finance Analyst to review and invoice project time entries.

• Milestone Invoicing

Here you will see various lists of milestones and project tasks. The default view lists all milestones that are ready to invoice. This, too, makes it easy for your Finance Analyst to review and invoice project time entries.

Invoices

From this list, you can see a variety of different invoices shown in the different views.

• Invoices

Select Invoices Ready to Send and send them right from here.

Revenue

The list here shows all revenue items. Sort them by the following views. The view defaults to New Invoices but you can easily change your default view.

• Revenue

Subscriptions

Listing both Opportunities and Orders, you can quickly see what business you are conducting currently, as well as many other options to keep you informed about how that business is progressing.

• Opportunities

This is the same list of opportunities that you would see in the Sales area. It’s convenient to show them here because the Finance Analyst reviews these before generating orders and creating invoices.

• Orders

In case you need to review your orders, they are listed in various views here.

Customers

Under Customers, you will see your ever-present database of accounts and contacts. This is integrated across all the other areas in which you work.
Learn more about the Customers section of the TekStack apps in Understand TekStack Navigation – Overview.