Ninety-nine percent of small and medium businesses manage revenue manually which is both inefficient and expensive. This money could be spent elsewhere.
Revenue impacts every part of every company, from reported earnings, employees’ bonuses, sales commissions, to whether a company can get financed. Revenue errors have devastating effects on companies values and management credibility.
There are over 100,000 small & medium sized businesses that spend more than $110K each year dealing with this problem. We are creating a cloud based web application to automate every aspect of managing revenue. Just like what Intuit did for taxes with TurboTax, we are doing for Revenue Management and Order-to-Cash with our product TrueRev.