BPI Gross-To-Net Revenue Recognition
Posted on August 4, 2010
The BPI R2 product is a comprehensive revenue planning and management solution; it includes forecasting as well as stable revenue management through constant attention to accruals versus actuals — rather than true up journal entries that are unpredictable in amount if they are left until the end of a month / quarter / year. Major functions within the product include forecasting, accrual management, gross-to-net, and true ups. Business benefits include better GTN revenue recognition, ASP stabilization, and improved revenue forecasting and planning.