SOLUTIONS
Tabs for Finance
Tabs empowers finance teams to automate invoicing, payments, and revenue recognition, reducing manual work, improving accuracy, and providing real-time financial insights for better decision-making—and faster month-end closes.
Finance teams often face challenges with managing high volumes of invoicing, tracking payments, and ensuring accurate revenue recognition, all while staying compliant with evolving regulations like ASC 606. These manual, time-consuming tasks can lead to errors, delays, and added operational costs. Tabs automates invoicing, payments, and revenue recognition, reducing the risk of errors and streamlining compliance. With real-time visibility into financial data, finance teams can close the books faster, improve cash flow, and focus on more strategic financial planning.
Eliminate tedious manual contract reviews
Manually reviewing contracts for invoicing and revenue recognition is time-consuming and prone to errors, especially as the volume of agreements grows. Tabs automatically ingests and interprets contract terms, ensuring that billing, revenue recognition, and compliance align with contract details. By automating this process, finance teams can free up significant time and reduce the risk of misinterpretation, allowing them to focus on more strategic financial analysis.
Automate complex invoicing scenarios
Finance teams often deal with complex invoicing, from subscription-based services to tiered pricing or usage-based models. Tabs automates the creation and delivery of even the most intricate invoices, ensuring accuracy and consistency across all billing cycles. This reduces manual work, minimizes billing errors, and helps maintain strong client relationships by delivering clear, correct invoices on time.
Streamline payments and receivables
Managing payments and receivables manually can lead to delayed collections and inefficiencies in cash flow management. Tabs integrates directly with your payment systems to automate the invoicing-to-payment cycle, ensuring that payments are tracked and reconciled seamlessly. This not only improves cash flow visibility but also reduces the time finance teams spend chasing overdue payments, allowing for more proactive financial planning.
"Tabs is the only software we saw that could fully automate our complex billing and remittances process. Tabs provides all the features we need to manage our receivables in one, easy-to-use platform. Not only are we now saving time on manual tasks, we’re also able to get cash in the door faster."
Sebastian Hart
Director of Finance & Business Development
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“There are a million platforms that help you manage spend, but Tabs is unique in that it actually helps me get the company’s money faster. ”
Alan Federman, VP of Finance, Canvas