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Experts in project-driven organizations deliver an upgraded system to support substantial business growth.
Challenge:
This software provider', a global leader in asset optimization software, business needs have changed dramatically over the past several years as they have grown significantly since their original systems were implemented. To support the growth demands of the PSO, the company required new features, increased flexibility, a GAAP revenue recognizing solution, and the ability to report operational revenue.
Solution:
Develop the functional design for bundled professional services with the following management objectives:
- Objective 1: Adopt Revenue Recognition to support GAAP (Bundled, Revenue Reserves, and Revenue Management).
- Objective 2: The design should not impact management reporting, control, and accountability.
Outcome:
- MD 50 was successfully delivered based on business requirements.
- Their existing TA 100 document was updated based on the recent changes in the solution approach.
