We wrapped up 2018 with the news that we acquired revenue recognition software ProRata. We’re happy to announce that their team and technology has been seamlessly integrated into Chargify.
Our new reports automate revenue recognition (goodbye spreadsheets!) and simplify ASC 606/IFRS 15 compliance that all subscription businesses must adhere to in 2019.
We’re happy to announce that we have partnered with GoCardless to offer Direct Debit payments, which in turn, helps subscription businesses expand globally and quickly adapt to customers’ changing payment preferences.
This release adds support for the following countries and currencies: SEPA (Eurozone/EUR), BACS (UK/GPD), BECS ( Australia/AUD), and PAD (Canada/CAD).
You can now sync Chargify customers and transactions to NetSuite. Mapping your product catalog from Chargify to NetSuite item types ensures that revenue, and even inventory, is reported based on your NetSuite configuration—which can vary from business to business.