Solution · Revenue Recognition
Loopfour turns signed contracts into ASC 606 (opens in a new tab)-compliant revenue schedules — calculated by code, logged at every step, and re-computed cleanly when terms change. No black-box model deciding how to book your revenue.
The Reality
Once you’re past a handful of simple subscriptions, a spreadsheet stops being a defensible home for rev rec. Multi-element arrangements, standalone selling price allocation, mid-term upgrades and downgrades, usage true-ups, deferred revenue waterfalls — each one is a place for a manual error to hide. And when the auditors arrive, the hardest question isn’t “what did you recognize?” It’s “show me exactly how you got there” — support that a spreadsheet formula can’t reproduce six months later.
How It Works
You define your recognition policies once — how each product recognizes, over what term, under which triggers. Loopfour applies those rules identically to every contract, every period. Run it on the same contract a thousand times and you get the same schedule a thousand times. Where AI helps — reading a non-standard contract, extracting terms — it’s scoped and confidence-gated, never left to decide how revenue is booked.
ASC 606, Revenue from Contracts with Customers (opens in a new tab) sets out a five-step model: identify the contract, identify the performance obligations, set the transaction price, allocate it using standalone selling price, and recognize revenue as each obligation is satisfied. Your controllers set the policy for each step, and Loopfour runs it the same way every time.
Loopfour run
Loopfour run
Contract to Cash
Loopfour pulls the terms straight from where your deals close — Salesforce, your CPQ, your billing system — generates the revenue schedule, and posts it to your ERP. Contract-to-cash runs as one connected flow instead of a relay of exports, spreadsheets, and re-keying.
Deferred Revenue
Recognition waterfalls, deferred balances, and reallocations on contract modifications are calculated by code and kept in step with the underlying contracts. When a customer upgrades mid-term, the schedule re-computes under the same rules — and the change is logged, not overwritten.
Audit Trail
Each recognized amount links to the contract term and the exact rule that produced it. When someone asks why a number looks the way it does, the answer is one click away — evidence-ready by default, so an audit request is answered from the record rather than reconstructed. For public companies, AS 2201, an audit of internal control over financial reporting (opens in a new tab) sets out how an audit of internal control over financial reporting is performed. See how governance works.
Integrations
Loopfour connects to Salesforce, Stripe, NetSuite, Sage Intacct, Rillet, and the rest of your stack over secure OAuth — no rip-and-replace. Your ERP stays the system of record; Loopfour does the deterministic work in between.
Proof
REVENUE RECOGNITION & CONTRACT-TO-CASH
How an industrial manufacturer automated ASC 606 project revenue recognition on top of Epicor, with a full audit trail from source data to posted entry.
Read the case studyREVENUE RECOGNITION & CONTRACT-TO-CASH
How a health diagnostics company automated the full credit lifecycle from contract signature to recognized revenue, integrated with a custom partner dashboard.
Read the case studyREVENUE RECOGNITION & CONTRACT-TO-CASH
How a legal services firm automated a four-phase billing lifecycle for estate planning fees that aren't known until mid-engagement.
Read the case studyREVENUE RECOGNITION & CONTRACT-TO-CASH
How an accounting services platform automated R&D tax credit revenue splits and partner-specific billing that used to run in a spreadsheet per partner.
Read the case studyFAQ
Loopfour executes the recognition policies you define, applies them consistently, and logs every step — giving you the auditable, repeatable support ASC 606 expects. Your controllers set the policy; Loopfour enforces it.
Upgrades, downgrades, and cancellations re-compute the schedule under your rules, with the before/after change captured in the audit trail.
No. Your ERP stays the system of record. Loopfour automates the workflow feeding it and keeps the two reconciled.
Allocation rules are part of the policies you configure, so bundled deals are split and recognized the same way every time.
Most workflows go from assessment to deployment in about two weeks.
Still evaluating a workflow? Contact sales and we will map the first automation path with you.
Keep Reading
Every workflow we automate, with the deployments behind each one.
Read moreAutomated invoicing, dunning, and cash application, audit-ready.
Read moreYour close checklist as code, evidence generated as you go.
Read moreApprovals, permissions, and a complete record under every run.
Read moreConnect the ERP, CRM, and billing systems you already close on.
Read moreDeterministic finance automation with a human in the loop.
Read moreLearn how this works: revenue recognition guide.
