ifrs-15
(3)
The Godfather of Revenue Recognition Is Not Done Yet
He built the first revenue recognition software in 2009, sold it to Zuora, then walked away to do it again - properly this time. A story about second acts in an unglamorous corner of accounting.
Zenskar
Zenskar is an AI-native billing and revenue automation platform for complex B2B businesses. It combines usage-based billing, revenue recognition (ASC 606/IFRS 15), collections, usage metering and SaaS analytics into a single order-to-cash system, layering AI agents on top so finance teams can automate invoicing, dunning and month-end close without engineering support. Founded in 2021 by Apurv Bansal and Saurabh Agarwal, the New York-based company has raised roughly $24-63M and serves SaaS, cloud infrastructure, AI and fintech companies with dynamic pricing, prepaid credits, multi-entity and multi-currency needs.
RightRev
RightRev is a revenue recognition and automation platform for the office of the CFO, built to handle the messiest parts of ASC 606 and IFRS 15 compliance at high transaction volume. Founded in 2020 by Jagan Reddy - the accountant-turned-founder who built the original RevPro/Leeyo revenue engine later acquired by Zuora - the company sells both a standalone, API-first product and a native Salesforce Revenue Cloud application, plus an AI layer called Revi. It ingests contracts, orders, invoices and usage data from upstream billing and CPQ systems, applies configurable revenue rules, and produces journal entries, waterfalls and audit-ready reports. Backed by Norwest, Salesforce Ventures, Snowflake Ventures, Innovius Capital and Cheyenne Ventures, RightRev has raised more than $31 million and counts Snowflake, Drata, Epicor, Docebo, CAE and LogicMonitor among its customers.