Flowrev
7.5#2 in revenue recognition softwareFrom $50 a monthAndroidiOSWebAPI
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| Fact | Flowrev | Stripe Revenue Recognition |
|---|---|---|
| Company founded | LinkedIn lists Flowrev as founded in 2015. | LinkedIn lists Stripe as founded in 2010. |
| Company size | LinkedIn lists the company size as 2–10 employees. | LinkedIn lists Stripe's company size as 5,001–10,000 employees. |
| Documentation | The help portal contains getting-started guidance, FAQs, partner connection articles and recognition-method explanations. | Stripe documentation includes Revenue Recognition setup, methodology, and a CLI-readable documentation system. |
| Headquarters | LinkedIn lists headquarters in Portland, Oregon. | San Francisco, United States, and Dublin, Ireland |
| Purpose | Flowrev is an online cost and revenue recognition solution for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. | Stripe Revenue Recognition automates accrual accounting calculations and produces reports to support month-end close and accounting under IFRS 15 and ASC 606. |
| Rating on G2 | 3.3 out of 5 from 3 reviews | 3.8 out of 5 from 4 reviews |
| Reports | Built-in reports include MRR, ARR, revenue and cost waterfalls, deferred revenue and prepaid expense balances, future revenue and bookings forecasts. | Reports include journal entries, balance sheets, income statements, deferred-revenue waterfalls, accounts-receivable aging, and filtered exports. |
Flowrev may suit organizations that recognize revenue or costs across subscriptions, usage, milestones, or other listed business models. Its listed use cases include SaaS, membership organizations, construction, education, travel, and real estate.
It may suit businesses looking for web-based revenue recognition with performance obligation handling and ERP connections to QuickBooks, Sage Intacct or Zoho.