Tabs for Media & Communications

Media and communications companies are constantly managing complex subscription models, multiple revenue streams, and fluctuating contract terms. Manual processes can lead to delays, errors in invoicing, and difficulties in ensuring compliance with ASC 606 revenue recognition standards. Real-time visibility into revenue data is crucial for staying agile in a competitive market. Tabs helps solve these challenges by automating the entire revenue lifecycle—from contract ingestion to revenue recognition—allowing businesses to streamline their operations, improve cash flow, and maintain compliance, all while reducing manual effort.

Automated subscription billing

Managing multiple subscription tiers and pricing models can be time-consuming and error-prone. Tabs automates the entire billing process, ensuring that invoices are generated and sent based on the correct contract terms, renewal schedules, or consumption-based pricing. This allows media and communications companies to manage recurring revenue streams more efficiently, reducing the risk of billing errors and improving customer satisfaction.

Dynamic revenue recognition

Media and communications companies often handle diverse revenue streams—advertising, subscriptions, licensing, and content distribution—all of which may require different revenue recognition schedules. Tabs ensures that revenue is recognized in accordance with ASC 606 and contract-specific terms, automatically adjusting for complex arrangements like bundling or multi-deliverables. This eliminates the need for manual intervention, keeping finance teams compliant and audit-ready at all times.

Real-time revenue insights

Staying competitive in the media and communications industry requires quick access to up-to-date financial data. Tabs provides real-time dashboards and detailed reporting that offer insights into revenue performance across various channels and product lines. With this visibility, companies can make informed decisions, forecast future revenue streams, and adapt quickly to market changes or emerging trends.

"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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