US-based Resources Global Professionals has entered into a strategic partnership with Leeyo Software, a supplier of revenue cycle automation tools. The move enhances the firm’s Revenue Recognition service offering.
RGP's Revenue Recognition service offering provides a comprehensive assessment to clients, including a gap analysis and development of a future road map, as well as experienced, practical expertise in areas outside of finance and accounting to help clients implement a project plan and successfully meet the new standards. With the update to RevPro, Leeyo's recently announced software release to address the new standards, companies can now manage the performance obligations, reassessment requirements, new judgments and estimates, dual reporting and cumulative effect calculations in an efficient and cost-effective way.
"We are excited to partner with Leeyo," said Tracey Figurelli, Global Managing Director of Information Management. "This alliance provides a complete solution to our clients' requirement to meet the new complex Revenue Recognition standards."
Shauna Watson, Global Managing Director of Finance and Accounting and Revenue Recognition subject matter expert, adds: "RGP is helping our clients with the challenges of implementing the new standard in several ways. Through our flexible model, we are performing gap analyses and executing project plans, steering clients through the entire process from assessment to implementation, and providing operational support to manage day-to-day operations."
Jagan Reddy, Leeyo's Co-Founder and CEO, says the firm is excited about the opportunity to work with an “industry-recognised leaders like RGP”, adding that the partnership will bolster Leeyo Software’s implementation services for its customers. "RGP and Leeyo both bring real-world experience and deep technical knowledge to this business union."