RevLock is a cloud-based revenue recognition software that helps organizations in the SaaS industry automate business operations related to accounting, auditing, revenue tracking, contract management, and more from a centralized platform. It lets staff members utilize the built-in dashboard to compare revenue trends and monitor sales based on customers. RevLock provides a revenue recognition rules functionality, which allows accounting teams to handle commission deferrals, set up stand-alone selling prices, and configure revenue rules to identify performance obligations. Accountants can manage sub-ledgers, access journal entries, view accounting analytics, handle bookings, track sales commission expenses, and update commission terms. Additionally, employees can set up ...