Achieving ASC 606 Compliance the TIBCO Way

ASC 606 is a revenue-recognition standard that affects all businesses that enter into contracts to transfer goods or services to customers, whether they are public or nonpublic entities. It requires that companies like TIBCO define revenue allocation, treatment, and timing for each obligation in a contract and recognize revenue upon satisfaction of each of those obligations.

Read this TIBCO use case to learn how TIBCO quickly complied with ASC 606 and set up a convenient audit trail across cloud and on-premises enterprise systems, with the help of TIBCO Cloud Integration and TIBCO Cloud AuditSafe.

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