6
"
For those firms that elect to defer a software upgrade, they might
confront 1-2 ugly alternatives . . . develop a custom application
to support the new requirements . . . [or] create some makeshift
functionality via a combination of CRM, financial package software
and spreadsheet tools. Those firms that choose this path might
find their RevRec 'solution' to be a jumble of potentially risky or
temperamental spreadsheets.
"
-Brian Sommer, Diginomica
On why companies can't delay on ASC 606 compliance
