CEA makes ASC606 compliance easy
Anonymous | TrustRadius Reviewer
February 26, 2020

CEA makes ASC606 compliance easy

Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Xactly Commission Expense Accounting (CEA)

Xactly CEA is allowing us to be in compliance with ASC606 without having an additional person calculating commissions and maintaining a massive spreadsheet.
  • Amortization & capitalization.
  • Follow set rules defining when/how certain payments are expensed.
  • Formatting of some reports in Excel isn't ideal when exported.
  • Expense rules are on the back end which requires asking support to update (although these are handled quickly).
  • Prevented adding an additional head.
  • Easy way to comply with ASC606.
Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).
CEA was easy to use, easy to implement, and at the right price.
  • Xactly SimlyCorp
  • Xactly Commission Expense Accounting (CEA)
CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.

Xactly CEA Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Cash management
Not Rated
Bank reconciliation
Not Rated
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
10
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
Not Rated
Standard reports
9
Custom reports
9
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated