Revenue Data Readiness & Foundations
Implementing Revenue Systems That Scale: From Data to Audit-Ready | Session 1 of 4
Date: May 21, 2026 | Time: 9:00 AM MDT / 11:00 AM ET
Earn 1.0 CPE credit while building the foundation that makes system-driven revenue recognition actually work.
Most revenue system projects start with the wrong question. Companies spend months evaluating platforms and debating architecture — then hit implementation and find the data can’t support what they’ve designed. Requirements were assumed, not defined. Gaps weren’t mapped. Legacy data wasn’t prepared.
This session starts where the work actually begins. Patrick Herrmann, Solution Architect and Principal Consultant at Ravus, walks through how to define revenue-critical data requirements, assess what your current systems can support, and close the gaps that produce incorrect allocations, timing misstatements, and audit adjustments down the road.
What You’ll Learn
After completing this session, participants will be able to:
- Identify the data elements required to support ASC 606/IFRS 15 compliance — including contracts, performance obligations, pricing components, and billing schedules
- Assess how well commercial structures (product catalog, quoting, billing) align to the correct accounting treatment for each revenue stream
- Pinpoint data readiness gaps that commonly produce incorrect revenue allocation, timing misstatements, or audit adjustments
- Outline the steps required to prepare legacy data and establish systems of record ahead of a future-state revenue architecture migration
- Evaluate current tools and processes against what a sustainable, auditable, system-driven revenue program actually requires
CPE Details
Credit: 1.0 hour | Field of Study: Accounting | Level: Intermediate
Delivery: Group Internet-Based
Prerequisites: Basic understanding of ASC 606/IFRS 15 principles
Who Should Attend
Controllers, revenue accountants, and finance leaders responsible for revenue recognition at companies with subscription, usage-based, or multi-element arrangements. Also valuable for systems architects and IT leads involved in revenue infrastructure decisions.
Register Now
Space is limited. Click here to register now so you can secure your spot and receive a calendar invite with dial-in details.
Speakers
Patrick Herrmann | Solution Architect and Principal Consultant, Ravus
Patrick Herrmann is a CPA and Solution Architect with over a decade of financial and technical experience. He specializes in revenue recognition, Quote-to-Cash processes, and designing the systems architecture that makes compliance sustainable and auditable at scale. At Ravus, he builds solutions that bridge accounting requirements and technology — structured to support today’s needs and adapt as businesses grow.
Host: Matt Ream, Director of Product Marketing, BillingPlatform
NASBA Compliance
Program Sponsor: BillingPlatform
Refund Policy: There is no fee to attend this program.
Complaint Resolution: For questions or concerns regarding this CPE program, contact [complaints email]. Complaints will be addressed within 5 business days.
BillingPlatform is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.
NASBA Sponsor Number: 166491
