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RevRecog AI
What it is
RevRecog AI automates revenue recognition schedules for different contracts and billing models. It builds schedules from contract terms and updates them when billing events arrive. Each recognised entry has an audit trail recording the timing, reason, and rule behind recognition. The product supports ASC 606 and Ind AS 115, and handles time-and-materials, milestone, outcome-based, retainer, and hybrid arrangements. Users can paste in an MSA, after which the product builds the contract behind the schedule. It can also surface delivered work that has not yet been billed and make client margins visible without manually rebuilding the analysis. FinMark.ai describes its financial automation products as built for enterprise finance teams and organizations running ERP systems. Its platform connects to an ERP over SOAP or REST, with modules using that same connection. The company says customer data is encrypted in transit and at rest, tenants are isolated, and regular penetration testing is performed. It also says it is not currently SOC 2 or ISO 27001 certified. A demo and security questionnaire are available on request; pricing is on request, and no public trial is stated.
For and against
For
- Updates schedules as billing events arrive
- Audit trails explain recognition timing, reason, and rule
- Supports ASC 606 and Ind AS 115
- Handles several contract arrangements
- Can surface delivered work that remains unbilled
Against
- Pricing is available only on request
- FinMark.ai says it is not SOC 2 or ISO 27001 certified
- No public trial is stated
The verdict
RevRecog AI combines schedule automation with entry-level audit trails and support for multiple contract types. Pricing and demonstrations are handled by request, and FinMark.ai states that it does not currently hold SOC 2 or ISO 27001 certification.
Who it suits
RevRecog AI is aimed at enterprise finance teams handling contract-based revenue recognition and ERP-connected workflows. It may suit teams working with varied contract types and recognition standards.
On the record
- Audit trail
- Each recognised entry has a trail showing why and when it was recognised and under which rule.finmark.ai · read 10 Oct 2026
- Availability
- The RevRecog AI page invites visitors to request a demo; it does not state a public price or trial.finmark.ai · read 4 Oct 2026
- Certifications
- FinMark.ai says it is not currently SOC 2 or ISO 27001 certified.finmark.ai · read 10 Oct 2026
- Client margins
- It makes margin by client visible without manually rebuilding the analysis.finmark.ai · read 10 Oct 2026
- Company focus
- FinMark.ai says it built its financial automation for enterprises running ERP and for local finance workflows and tax requirements.finmark.ai · read 4 Oct 2026
- Contract intake
- Users can paste in an MSA, and RevRecog AI builds the contract behind the schedule.finmark.ai · read 10 Oct 2026
- Contract types
- It handles time and materials, milestone, outcome-based, retainer and hybrid arrangements.finmark.ai · read 10 Oct 2026
- ERP connection
- FinMark.ai says its platform connects to an ERP over SOAP or REST, with modules using the same connection.finmark.ai · read 4 Oct 2026
- Intended users
- The product is for finance teams that build and adjust recognition schedules contract by contract and defend the figures to auditors.finmark.ai · read 10 Oct 2026
- Maker status
- FinMark.ai says Accounts Payable is live in production and the rest of its platform is rolling out with design partners.finmark.ai · read 10 Oct 2026
- Platform integration
- FinMark.ai says its platform connects to an ERP over SOAP or REST, and its modules use that same connection.finmark.ai · read 10 Oct 2026
- Purpose
- RevRecog AI automates revenue recognition schedules across contracts and billing models.finmark.ai · read 4 Oct 2026
- Recognition standards
- It supports ASC 606 and Ind AS 115.finmark.ai · read 10 Oct 2026
- Revenue leakage
- The product surfaces delivered work that has not been billed while there is still time to invoice it.finmark.ai · read 10 Oct 2026
- Revenue schedules
- RevRecog AI creates revenue recognition schedules from contract terms and updates them as billing events arrive.finmark.ai · read 10 Oct 2026
- Schedule generation
- Schedules are generated from contract terms and updated automatically as billing events arrive.finmark.ai · read 4 Oct 2026
- Security
- FinMark.ai says customer data is encrypted in transit and at rest, tenants are isolated, and the platform undergoes regular penetration testing.finmark.ai · read 10 Oct 2026
- Security review
- FinMark.ai says a full security questionnaire is available on request and that it will complete a customer's questionnaire.finmark.ai · read 4 Oct 2026
