Flowrev vs Stripe Revenue Recognition
Flowrev
flowrev.com
Stripe Revenue Recognition
stripe.comSide by side
| Figure | Flowrev | Stripe Revenue Recognition |
|---|---|---|
| Price from | $50/mo | — |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 8 | 5 |
| Spec score · Revenue Recognition Software | 9.1 (#1) | 8.4 (#3) |
| Company founded | LinkedIn lists Flowrev as founded in 2015. | LinkedIn lists Stripe as founded in 2010. |
| Company size | LinkedIn lists the company size as 2–10 employees. | LinkedIn lists Stripe's company size as 5,001–10,000 employees. |
| Documentation | The help portal contains getting-started guidance, FAQs, partner connection articles and recognition-method explanations. | Stripe documentation includes Revenue Recognition setup, methodology, and a CLI-readable documentation system. |
| Headquarters | LinkedIn lists headquarters in Portland, Oregon. | San Francisco, United States, and Dublin, Ireland |
| Purpose | Flowrev is an online cost and revenue recognition solution for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. | Stripe Revenue Recognition automates accrual accounting calculations and produces reports to support month-end close and accounting under IFRS 15 and ASC 606. |
| Rating on G2 | 3.3 out of 5 from 3 reviews | 3.8 out of 5 from 4 reviews |
| Reports | Built-in reports include MRR, ARR, revenue and cost waterfalls, deferred revenue and prepaid expense balances, future revenue and bookings forecasts. | Reports include journal entries, balance sheets, income statements, deferred-revenue waterfalls, accounts-receivable aging, and filtered exports. |
| Self-hosting | Flowrev is described as a cloud-native online service and no self-hosted deployment option is stated. | Revenue Recognition is delivered from Stripe's hosted Dashboard and no self-hosted deployment is documented. |
| Support | Flowrev provides email support at [email protected] and a Freshdesk support portal. | The product pages provide a contact-sales option, and Stripe's site links to its support service. |
| Trial | The free 14-day trial requires no credit card and allows recognition-data export at any time. | Stripe advertises a free 30-day trial for new users. |
| What it does | Flowrev automates cost and revenue recognition and lifecycle management for online accounting systems. | Stripe Revenue Recognition converts Stripe transactions and billing terms into automated accrual-accounting reports and journal entries. |
Plans
Flowrev
- Bronze$50 a month
- Silver$100 a month
- Gold$150 a month
- Platinum$300 a month
- Launch$375, paid once
- Grow$1,125, paid once
- Thrive$2,250, paid once
- AdaptPriced on request
Stripe Revenue Recognition
- Monthly subscription€20 a month
- Monthly subscription$25 a month
- Annual subscription€1,500 a month
- Annual subscription, billed monthly$1,650 a month
- Custom pricingPriced on request
In their own words
Flowrev
Flowrev is an online cost and revenue recognition service for subscription, SaaS, usage-based, percentage-complete, milestone and other business models. It connects to Xero and QuickBooks Online through their APIs and supports synchronization of accounting data, locking and one-click journaling. Recognition schedules can run once, monthly, quarterly, yearly or on a custom cadence, using per-diem, even-period, percent or template calculations. Service dates can be taken from invoices or calculated automatically. Flowrev checks schedules as they are created, explains triggered checks and keeps an audit trail of changes. Built-in reports cover MRR, ARR, revenue and cost waterfalls, deferred revenue, prepaid expenses, and future revenue and bookings forecasts. The company says its recognition process supports GAAP/ASC 606 and IFRS 15. A free 14-day trial requires no credit card and allows data export at any time. Organization plans start with Bronze at $50 a month, for up to 300 active revenue or cost schedules per year.
Stripe Revenue Recognition
Stripe Revenue Recognition automates accrual accounting calculations and creates reports for month-end close under IFRS 15 and ASC 606. It turns Stripe transactions and billing terms into journal entries mapped to general ledger accounts, and users can add non-Stripe transactions. The product supports more than 15 pricing models, including usage-based and hybrid billing, and lets users configure rules for performance obligations. Reports include revenue waterfalls, balance sheets, income statements, accounts receivable aging, and journal entries. Data sources and services listed include Adyen, Braintree, PayPal, QuickBooks, Sage Intacct, Square, Apple App Store, and Google Play; automatic App Store and Google Play purchase imports are preview features. Reports and financial statements can be exported through CSV or API. Accounting periods can follow a monthly or 4-4-5 calendar and be closed or reopened manually or automatically. It is available on the web and through an API. Pricing starts at $25 a month, with a 30-day trial and no free plan; custom pricing is listed for companies with high payment volume or unique business models.