Contracts in.
Audit-ready revenue out.

It runs the whole ASC 606 process, from picking the deal up in your CRM and reading the contract behind it to drafting the journal entries. Agents pull the terms out of the contract, work out what you promised to deliver, split the contract price across those items, build the revenue and deferred revenue schedules, then hand you entries to approve. Your ERP stays the system of record.

The things that decide how revenue gets recognised: line items, start and end dates, term length, what you promised to deliver, non-standard terms, and the pricing mechanics. It turns the signed PDF into structured data, so a three year subscription with a usage component becomes fields your schedules and controls can act on rather than a document someone rereads every month.

By working out what each item would sell for on its own, then allocating the contract price across those items in proportion. That per-item figure is the standalone selling price, and Maximor can set it from the prices your products actually sell at in your ERP, using a rule you choose such as an average or a percentile. Bundles with dozens of items stay in one place.

That is the normal case, and it is the reason to automate rather than the reason not to. You tell Maximor which clauses matter to you, such as termination for convenience, unusual discounts or milestone billing, and agents surface them on every contract. Non-standard terms get flagged and documented rather than quietly missed by whoever happened to review that one.

Then the contract alone is not enough, so Maximor connects to the system that holds the actual usage. It reads the usage or metering feed, applies the rates in the contract, and updates the revenue schedule against real consumption each period, whether that is credits drawn down, tokens consumed or minutes used. The schedule reflects what happened rather than an estimate.

The amendment creates a new revenue arrangement that replaces the original one going forward. What has already been recognised stays where it was, the remaining obligations and price carry into the new record, and your accountant reads one arrangement instead of tracing every renewal and upsell separately. Closed periods are never reopened: if a correction is needed it lands as a catch-up entry in an open period.

No. Maximor sits on top of NetSuite, SAP, Oracle, Sage Intacct or QuickBooks and writes the finished revenue into it, so your ERP stays the system of record. If you already run NetSuite's revenue module, Maximor can either take over from it or run alongside it as a checking layer that reconciles your deferred revenue and shows you where the two disagree.

No. Maximor prepares them and a person approves them, and nothing reaches your ERP without the approval your controls require. What changes is what your reviewer is looking at: a prepared entry with its schedule and contract reference attached, rather than a spreadsheet where one mistyped number can become a restatement.

You check it against your own numbers before you rely on it. Onboarding derives your policies from how your own team has judged contracts before, and agents run alongside that team until the results match. Once live, every conclusion cites the contract and the guidance behind it, anything unusual is escalated for a decision instead of being posted, and nothing reaches the ERP without a sign-off.

A checklist for every contract, produced as the work happens rather than assembled at year end. It follows the five steps of ASC 606, adds an item for any contract change, and cites the guidance behind each conclusion. Alongside it you get a deferred revenue roll-forward that ties to your general ledger, plus a record of who approved what and when. This is the main reason teams facing a first audit or IPO prep adopt it.