Jade Global and Leeyo Software Partner in Response to Onslaught of Revenue Recognition Demand in the Subscription Economy

Jade Global, a premier IT services and solutions firm, has partnered with Leeyo Software, a leading supplier of revenue cycle automation tools, for its flagship product, RevPro®. The implementation partnership combines Jade Global’s specialty in addressing complex business needs with the support of the most recent version of RevPro Software, which is ASC 606 compliant.

“Jade Global’s services fit perfectly with Leeyo’s in offering a wealth of experience shepherding companies through scenarios both routine and rigorous,” said Jagan Reddy, Leeyo Founder & CEO. “We’re acutely aware of what complications firms face with the new standards, and welcome this opportunity to enhance our implementation ability and technical expertise for our customers.”

“Teaming up with Leeyo is a natural extension of Jade Global’s determination to serve as a trusted advisor to our clientele in navigating today’s complex technological landscape. We can now guide our customers through the complex revenue recognition rules and help them leverage the benefit of subscription economy,” said Mr. Karan Yaramada, CEO of Jade Global. “We’re excited to couple our ERP expertise with Leeyo’s success in automating revenue recognition.”

Jade Global, founded in 2003, has offices worldwide and a workforce of more than 600 professionals experienced in delivering solutions to a diverse set of industries. The firm, recently ranked in the Inc. 5000 list of fastest growing private companies in the U.S. for a fifth consecutive year, is seeded with a deep-rooted culture of maximizing value from new technology in response to today’s most crucial business challenges.

The next generation RevPro software is compliant with ASC 606, “Revenue from Contracts with Customers,” as per the converged revenue guidance announced in 2014 by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB).

About Leeyo*

Leeyo’s next-generation revenue recognition software rescues companies and revenue teams of all sizes from the chaos of today’s manual data entry or customized processes. Leeyo’s RevPro – the complete revenue recognition software suite in the market that automates and manages every process facing a revenue team, seamlessly integrating with the quote-to-cash processes of any ERP system to deliver unparalleled visibility, functionality and configurability to the revenue recognition and reporting process.

*Dated May 10, 2017, Leeyo Software stands acquired by Zuora Inc.