RightRev, a leader in automated revenue recognition, today announced the launch of Revi, an AI-powered revenue automation platform built to simplify manual revenue accounting workflows. Revi enables modern finance organizations to scale revenue operations, increase team efficiency, and accelerate financial closes while maintaining full compliance and audit integrity.
Quick Intel
Overcoming Manual Bottlenecks in Revenue Accounting Revenue recognition serves as the final control point where contracts, pricing, usage, billing, and reporting converge. Despite this critical role, many finance teams still rely on fragmented ERP workflows and spreadsheets, leading to prolonged closes, compliance risks, and limited capacity. Revi tackles these challenges by automating repetitive, rules-based tasks while preserving human oversight and explainability—ensuring outputs remain consistent, traceable, and ready for audit scrutiny.
"Revenue recognition teams are burning the midnight oil—reviewing contracts one by one and reconciling transactions against revenue results. Most still operate with a patchwork of ERP workflows and spreadsheets, and that heavy manual effort becomes a major barrier to both compliance and an on-time close," said Jagan Reddy, founder and CEO of RightRev. "The demand to support pricing flexibility and new revenue models shouldn't slow innovation and go-to-market deployment; finance should be the accelerator and catalyst for growth, not the constraint. Revi helps teams scale revenue operations with control. It unlocks capacity and team efficiency while strengthening transparency."
Core AI Agents Driving Immediate Value The Contract Review Agent transforms time-intensive manual contract analysis into an automated process. It extracts key terms, identifies performance obligations, applies revenue rules, and generates documented checklists for accountants to review and validate—shifting focus from rote interpretation to professional judgment.
The Anomaly Detector Agent continuously monitors revenue schedules against pricing, packaging, and accounting policies, flagging unexpected variances early. By providing explanations and context, it replaces reactive month-end firefighting with proactive oversight, reducing misstatement risks and accelerating resolution.
Expanding AI Capabilities for Finance Teams Revi's extensible framework allows teams to configure additional scoped Agents for specific revenue tasks, always with defined guardrails and human approvals. Revi Assistant delivers conversational access to live revenue data, enabling FP&A and accounting teams to ask questions and receive governed, context-aware answers without cross-system reconciliation. Revi Architect empowers no-code design of revenue use cases, including edge cases, with simulation tools to test and operationalize policies at scale.
"In our experience, accountants can spend about half their time on revenue close, as much as a third of their time on contract reviews, and the rest supporting FP&A and deal support," said Dan Miller, CFO of RightRev. "By applying governed automation to repeatable accounting tasks, finance teams can shorten the close, reduce manual investigation, and expand operational capacity, while maintaining audit integrity."
Positioned for Enterprise Trust and Scale Revi builds on RightRev's established leadership in ASC 606, IFRS 15, ASC 842, and IFRS 16 compliance, serving customers in financial services, cloud infrastructure, and enterprise software—including LogicMonitor, Duck Creek Technologies, and Medbridge. With SOC 1 and SOC 2 compliance, RightRev ensures Revi meets stringent enterprise security and privacy standards.
"RightRev has emerged as a leading platform in automating revenue recognition and revenue management," said Igor Stenmark, co-founder and managing director at MGI Research. "The company combines deep domain expertise with modern software and a rapidly growing set of production proof points. As finance teams grapple with revenue leakage, increasingly complex consumption models, and the need for practical AI use cases, RightRev is aiming at a rapidly growing market opportunity."
Revi represents a significant step forward in making finance teams more agile and strategic. To explore Revi, visit the dedicated page or register for the preview webinar.
About RightRev
RightRev delivers end-to-end automation for revenue accounting. The platform enables businesses to automate revenue recognition, reporting, and compliance with revenue standards including ASC 606 and IFRS 15, as well as lessor accounting requirements under ASC 842 and IFRS 16, while simplifying data migration, implementation, and third-party integrations. With its AI-powered platform Revi, RightRev embeds governed artificial intelligence (AI) directly into revenue workflows to improve accuracy, efficiency, and audit readiness. RightRev empowers finance teams at large enterprises and growth-stage companies to manage complex or high-volume revenue scenarios and become a catalyst for growth. Customers span financial services, cloud infrastructure, and enterprise software, including LogicMonitor, Duck Creek Technologies, and Medbridge. Founded in 2020, RightRev has raised more than $30 million from investors including Norwest, Salesforce Ventures, Snowflake Ventures, Innovius Capital, and Cheyenne Ventures.
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