Vendavo Solution for EITF 08-1
Ensure Compliance and Reduce Business Risk
Product Information
Using Vendavo, companies can comply with EITF 08-1 regulations by providing evidence (or lack thereof) of Vendor Specific Objective Evidence (VSOE), capture Third Party Evidence (TPE) and provide a formal process to establish Best Estimated Selling Price (BESP) in the market.
Key capabilities of the Vendavo solution include:
Tracking VSOE, TPE or BESP for all elements of multiple-element arrangements
Consolidating data from multiple sources to reduce IT support and maintenance
Automatic reallocation of order value to each line item
Comparison of trending actual selling prices versus estimated selling price
Integration with SAP to publish EITF policies for revenue recognition and analytics
With pre-built analytic dashboards, pre-defined alerts, and sophisticated reporting capabilities, Vendavo supports the complete EITF process with rapid deployment, low total cost of ownership and limited IT involvement.
Download our datasheet and learn more about how Vendavo can help you.
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