The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industry, supplies services in government relations, business development, corporate education and intellectual property protection to corporations across the globe.
Leeyo Software, a member of the association’s Software & Services Division, was honored to have our Co-Founder, CEO and CTO, Jagan Reddy, featured in a wide-ranging interview on topics including the benefits of automated revenue accounting, compliance for SaaS firms and reasons behind the surprising lack of urgency surrounding the new revenue recognition guidance.
On why the new the newly converged standard, ASC 606/IFRS 15, will make the year 2017 such a busy one, Reddy said, “we believe it takes between 15-18 months to properly implement the new standards.
“With the fiscal Q1 2018 effective date just around the corner, companies should get started right away.”
Visit here for the full interview.