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Automate ASC 606 and IFRS 15 compliant revenue recognition. BillHive calculates deferred revenue, generates journal entries, and keeps your books audit-ready—automatically.
Stop wrestling with spreadsheets. BillHive handles the complexity of subscription revenue recognition so your finance team can focus on strategic work.
Automatically recognize revenue according to the latest accounting standards. Stay compliant without manual calculations.
Track deferred revenue balances in real-time. See exactly how much revenue is waiting to be recognized.
Generate accurate journal entries automatically. Sync directly to your general ledger or accounting system.
Create and manage recognition schedules for any billing model—monthly, annual, usage-based, or milestone-based.
Access detailed transaction-level reports that satisfy auditor requirements. Complete paper trail included.
Revenue is recognized as it's earned, not when you run a batch job. Always up-to-date financials.
BillHive implements the complete 5-step revenue recognition model for both US GAAP and IFRS.
US GAAP standard for revenue recognition
International financial reporting standard
Close your books faster with accurate, automated revenue recognition.
BillHive supports all common revenue recognition patterns out of the box.
Recognize revenue evenly over the service period
Annual subscription: $1,200 → $100/month for 12 months
Recognize as usage occurs or is delivered
API calls: Recognize revenue as calls are consumed
Recognize at specific delivery milestones
Implementation: 50% at go-live, 50% after 30 days
Recognize immediately upon delivery
One-time setup fee: Recognize at service activation
BillHive automates the entire revenue recognition workflow.
When an invoice is generated, BillHive automatically creates a deferred revenue entry and recognition schedule.
As time passes or services are delivered, revenue moves from deferred to recognized according to your rules.
Journal entries are automatically generated and synced to your accounting system. No manual data entry.
Get complete visibility into your deferred revenue balance and upcoming recognition schedule.
BillHive integrates with leading accounting and ERP systems to sync journal entries automatically.
When auditors come knocking, you'll be ready. BillHive maintains complete documentation of every revenue transaction.
Join finance teams who have eliminated spreadsheet chaos and achieved full ASC 606 compliance with BillHive.
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