Revenue recognition is the cornerstone of any healthy software business. The ability to recognize revenue the moment when a software license is delivered helps ensure that companies are appropriately stating bookings.
With the right software licensing and entitlement management strategy and solution in place, you’ll be assured that you can recognize revenue when the software license is delivered and see exactly when the license was activated. If you are still delivering software manually through physical media or through an FTP (file transfer protocol) site, you may have difficulty providing auditable license and software delivery data.
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