As an internal audit professional you have the unenviable task of keeping on top of various GAAP, SEC and SOX regulations while ensuring that sales, finance and marketing departments comply with these regulations. Conversely, if you are a licensing compliance professional, you have to stay on top of hundreds of licensing or royalty agreements and ensure that your licensees are in compliance.
Entomo’s cloud-based cCRM solution increases your operational and transactional transparency by automating workflows and processes that help you comply with a variety of contractual, auditing and regulatory requirements.
Do You Ever Wonder …
How much time will I have to spend with the auditors this quarter?
Entomo automates all stages of the sell-through revenue recognition process with supporting audit trails to ensure quick and worry-free audits.
How much am I losing in royalty revenues, due to under-reporting?
Entomo’s solution for royalty management reconciles data from multiple sources and provides a predictive risk profile to maximize royalty revenue collections.
How do I ensure that SOP 97-2, SFAS 48 and EITF 01-09 standards are met? What about VSOE and multi-element revenue recognition?
Entomo’s revenue recognition, used in conjunction with the inventory management and incentive management modules, automatically calculates and generates the requisite journal entries, net of any back-end credits.