Best revenue recognition software

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Best revenue recognition software

Six revenue recognition vendors with an Accountio profile, side by side.

Listed alphabetically. Accountio does not rank vendors, and a featured listing does not change the order.

Revenue recognition software applies ASC 606 and IFRS 15 to customer contracts and produces the revenue schedules and journal entries. The six vendors here include standalone tools such as RightRev and Trullion, general ledgers with revenue recognition built in such as Campfire and Rillet, Numeric's close and revenue modules, and Tabs, which links revenue to billing and collections.

Revenue recognition software at a glance

VendorBest forFounded and HQCustomersPricing
CampfireStartups and mid-size technology companies with multi-entity and modern billing needs, from high-growth startups to public companies2023; San Francisco400+ mid-market and enterprise companies, including Replit and PostHogNot published
NumericGrowing private companies and public companiesSan Francisco, New York and London; founding year not publishedHundreds of companies (May 2024), including OpenAI, Brex and PlaidNot published; priced on transaction volume, seats and modules
RightRevTechnology, services and SaaS companies with complex revenue recognition, including enterprisesOffice in Austin, Texas, US (founding year not published)US$34bn+ annual customer revenue processed; customers include Snowflake, Epicor and DrataCustom pricing based on use-case complexity, features needed and revenue processed; no price list published
RilletTechnology and AI companies, from mid-market to enterprise and public companiesLaunched August 2024; New York, with a Spanish entity in Barcelona600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal namedNot published
TabsCompanies billing on contracts, including usage-based and hybrid pricingNot publishedNot publishedLaunch US$2,000 a month (up to US$5m annual revenue, 100 active contracts); Growth, Scale and Enterprise priced individually
TrullionCorporate finance and accounting teams (CFOs, controllers), internal audit teams and external audit firms2019; New York, USMore than 3,000 companies (Oct 2025), including Virgin Voyages, Taboola and EisaiNot published

The six vendors

In alphabetical order. “Not published” means the vendor does not state it.

Campfire

Best for: Startups and mid-size technology companies with multi-entity and modern billing needs, from high-growth startups to public companies

AI-native ERP: general ledger with multi-entity consolidation, revenue recognition, reporting and close management, with an AI assistant (Ember).

Founded and HQ
2023; San Francisco
Ownership
Venture-backed; US$100m raised, including a US$65m Series B (Oct 2025) co-led by Accel and Ribbit
Customers
400+ mid-market and enterprise companies, including Replit and PostHog
Pricing
Not published
How it runs
Cloud; 180+ currencies and unlimited entities; offices in San Francisco and London (opened June 2026)

Numeric

Best for: Growing private companies and public companies

Close management, reconciliations, flux analysis, cash matching, billing and revenue recognition, on an existing ERP or as a full ERP replacement.

Founded and HQ
San Francisco, New York and London; founding year not published
Ownership
Venture-backed; US$51m Series B (Nov 2025) led by IVP; US$89m across seed, Series A and Series B
Customers
Hundreds of companies (May 2024), including OpenAI, Brex and Plaid
Pricing
Not published; priced on transaction volume, seats and modules
How it runs
Offices in the US and London, with an EMEA sales team; can replace the ERP
Good to know
Each product can be bought separately; the ERP Replacement includes the full suite

RightRev

Best for: Technology, services and SaaS companies with complex revenue recognition, including enterprises

Revenue recognition software that automates ASC 606 / IFRS 15 schedules, allocations, contract modifications and journal entries, with Revi AI tools; also lessor accounting (ASC 842 / IFRS 16).

Founded and HQ
Office in Austin, Texas, US (founding year not published)
Ownership
Venture-backed; Series A of almost US$13m (May 2025) co-led by Cheyenne Ventures and Innovius Capital, total funding over US$31m
Customers
US$34bn+ annual customer revenue processed; customers include Snowflake, Epicor and Drata
Pricing
Custom pricing based on use-case complexity, features needed and revenue processed; no price list published
How it runs
Cloud; standalone API-first application or a Salesforce-native app; multi-currency, multi-entity revenue
Good to know
ASC 606 / IFRS 15 and ASC 842 / IFRS 16 lessor accounting

Rillet

Best for: Technology and AI companies, from mid-market to enterprise and public companies

AI-native ERP: real-time general ledger with continuous close, ASC 606 revenue recognition, multi-entity consolidation and AI agents (Aura).

Founded and HQ
Launched August 2024; New York, with a Spanish entity in Barcelona
Ownership
Venture-backed; US$100m Series C (Aug 2026) led by ICONIQ at a US$1bn valuation, with Sequoia and Andreessen Horowitz; more than US$200m raised in total
Customers
600+ customers, including public companies with over US$2bn in revenue; Mercor, Function Health and Temporal named
Pricing
Not published
How it runs
Cloud; US, with a Spanish entity (Rillet España) in Barcelona; partners include EY, KPMG and RSM

Tabs

Best for: Companies billing on contracts, including usage-based and hybrid pricing

Contract-driven billing, usage-based and hybrid invoicing, collections and cash application, ASC 606 revenue recognition and revenue reporting.

Founded and HQ
Not published
Ownership
Venture-backed; US$55m Series B (September 2025) and a US$25m Series A led by General Catalyst (October 2024)
Customers
Not published
Pricing
Launch US$2,000 a month (up to US$5m annual revenue, 100 active contracts); Growth, Scale and Enterprise priced individually

Trullion

Best for: Corporate finance and accounting teams (CFOs, controllers), internal audit teams and external audit firms

AI accounting and audit platform: lease accounting, revenue recognition, audit prep and audit workflows, financial statement validation, document matching and data extraction, with an AI assistant called Trulli.

Founded and HQ
2019; New York, US
Ownership
Private, venture-backed; investors include Aleph, Third Point Ventures, Greycroft and StepStone Group (funding amounts not published)
Customers
More than 3,000 companies (Oct 2025), including Virgin Voyages, Taboola and Eisai
Pricing
Not published
How it runs
Cloud-based; customers worldwide, with offices in New York, Tel Aviv and London serving the US and EMEA
Good to know
ASC 606 and IFRS 15: AI extracts performance obligations, timing and pricing from contracts

Other ledgers with revenue recognition

AI-native ERPs in the directory that also include revenue recognition.

  • DualEntryAI ERP for mid-market companies replacing legacy accounting systems.
  • Lensing AIAn AI-native ERP covering procurement, AP, general ledger, and financial reporting.

How to choose revenue recognition software

  1. Which standards and contract types do you need to cover?RightRev and Trullion cover ASC 606 and IFRS 15, and RightRev adds lessor accounting under ASC 842 and IFRS 16. RightRev handles usage, subscription and multi-element contracts, and Tabs usage-based and hybrid billing.
  2. Do you want revenue recognition as a separate tool or inside the general ledger?Campfire and Rillet include revenue recognition in their general ledger, and Numeric sells it on an existing ERP or as part of a full ERP replacement. RightRev and Trullion are separate tools that send journal entries to the ERP, and Tabs ties revenue recognition to billing and collections.
  3. Where do your contracts and billing data live?RightRev runs as a Salesforce-native app or a standalone application. Trullion takes revenue data from CRM, billing and ERP systems, and Tabs starts from the contract itself.

Compare further

Common questions

What does revenue recognition software do?+

It applies ASC 606 or IFRS 15 to customer contracts: identifying performance obligations, allocating the price, building revenue schedules and posting the journal entries.

How much does revenue recognition software cost?+

Tabs publishes a Launch plan at US$2,000 a month for companies with up to US$5m in annual revenue. RightRev prices on use-case complexity, features and revenue processed. Campfire, Numeric, Rillet and Trullion do not publish prices.

Does revenue recognition software handle leases?+

Two of the vendors here do. Trullion covers lease accounting under ASC 842, IFRS 16, FRS 102 and GASB 87, and RightRev covers lessor accounting under ASC 842 and IFRS 16.

Part of Accountio’s accounting technology coverage.