The latest ๐ŸŽ๐ŸŽ๐ŸŽfrom REVLOCK

๐Ÿ—žfrom REVLOCK!

๐Ÿ“ขWe released 2.8 over the weekend with a set of great new features. Check them out.

Performance Obligations and their delivery terms can now be inferred automatically for a product
A new 30/360 Ratable Revenue Recognition
A new simple percent net rule in addition to percent net that fully allocates and does not leverage delivery dates
The ability to setup a beginning balance on a known date
Support for reporting in a single base currency
Improvements to Field Dereferencing Functionality, now allows more flexible definitions for both delivery start and end dates
Posted on August 21st, 2021


Happy July 4th ๐Ÿ‡บ๐Ÿ‡ฒ๐Ÿ‡บ๐Ÿ‡ฒEveryone!! ๐ŸŽ†

๐Ÿ“ขWe released 2.7 over the July 4th break with a set of great new features. Check them out.

Make reconciliation really easy b/w external systems and REVLOCK with a new set of controls reports for service delivery, invoices and sales orders.
Now GL postings are summarized upto the Account Level for easier consumption during posting
New Service Delivery roll forward which includes both over usage and expiration of consumption units.
New basic SSP (Standalone Selling Price) mode that auto-creates an SSP when you do not have complex revenue arrangements that need them
A New option for you to re-enable automatic data updates against an order after you make a change
A New Billing Roll-forward Report that rolls total billings forward at the customer level
You can now apply and search by external systems ids for customers and products
A much Improved Sync Summary view that is available for each Sync Job. Details out exactly what was loading as a part of the job
New much Improved Conversion Processing making it easy to bring over your initial populations
Improved view for Sales Order Items (now sorted by Delivery Start Date).
Improvements to Journal Account Mapping that allows you to update the mapping to get your GL structure just right especially when running in Setup mode.
Improved Budget vs Actual CTD reports for the planning module
Improved Settings Page.
Various Bug Fixes

Posted on July 4th, 2021


Happy Monday Everyone!!! Some new ๐Ÿ“ฐfrom REVLOCK!

๐Ÿ“ฃWe just released 2.6 this evening! Some great new stuff is out there. Check out the feature list below.

Major performance improvements allow us to scale up processing of orders in the hundreds of thousands!
We know allow for Service Delivery or Consumption based contracts in REVLOCK and track their delivery and revenue
Automatic Performance Obligation that allows you to automatically create multiple performance obligations whenever a product configured with the feature is sold.
Our planning and budgeting module saw major improvements in the plan vs actual reporting functions
Improvements in the Credit Memo feature
Better Security with Multi Factor Authentication now available for user login management

Posted on April 17th, 2021


It's Monday and some more ๐Ÿ—žfrom REVLOCK!

๐Ÿ“ฃWe just pushed out our latest release this weekend! Check out the feature list below.

New audit view that allows you to see last update time and person for each update on a sales order
New Versioning feature which adds the ability to restore prior versions of sales orders (whether it was post a change driven by an automated sync or a person)
Streamlined UI with abilities to perform additional edit functions on products, jobs and sales orders
Chargebee 2.0 support and additional scenario support for our Chargebee integration
Improved and much more Flexible GL mapping interface that allows you to match your posting to your current GL structure.
Improved ability to clear your test environment without losing other configurations (such as your standalone selling price library).

Posted on March 8th, 2021
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