You need to understand profitability and recognize revenue properly
With highly complex pricing and a tight squeeze on margins it’s more difficult for you to understand profitability and recognize revenue properly.
Do you have the insight to successfully define and manage your GTN process?
The right approach offers you countless benefits of GTN processes:
- Fully automated accruals from development to GL bookings to execution
- Faster month end close
Read more about the benefits of GTN accruals
To get a further understanding of profitability you need visibility in all aspects of GTN. Future-ready technology in GTN can also be used within contract analytics. Additionally, a contract pro forma will show the viability of that contract by bringing in GTN concepts. Cast your net farther by looking at multi-disciplinary areas such as your brand strategically over time and forecasting how that brand will perform in the future or how a new product will perform.