CallidusCloud Acquires Next Generation Revenue and Commissions Cloud Technology to Complete Lead to Money Solution for ASC 606
CALLIDUS SOFTWARE (CALD)
Last callidus software earnings: 2/8 04:05 pm
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US:NASDAQ Investor Relations:
calliduscloud.com.br/about-us/investor-relations
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Source: GlobeNewswire
DUBLIN, Calif., May 24, 2017 (GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced today that it has acquired RevSym, a brand new cloud solution focused on the management of revenue and incentives in the new world of ASC 606. RevSym is a key addition to the Lead to Money suite and is vital for public and private companies across the globe. RevSym is the only pure cloud solution that takes into account the commissions aspect of the process. Other solutions are services heavy and a mixture of on premises and hosted. The powerful combination of RevSym and CallidusCloud’s leading Commissions, Configure Price Quote and Contract Lifecycle Management solutions will enable customers to optimize their critical revenue and commission processes to streamline compliance with the new ASC 606 accounting rules.
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