Forma.ai for ASC 606
Flexible and customized  ASC 606 reporting
Use our built-in accounting reporting and compliance automation for ASC 606. Get streamlined audit trails, flexible configuration of amortization schedules, and track adjustments and true-ups.
Why Forma.ai for ASC 606
With Forma.ai, ASC 606 is directly integrated with ICM allowing complete flexibility in defining amortization schedules and automatic updating of ASC 606 outputs as you run ongoing calculations.
5 reasons why you should use Forma.ai for ASC 606
Reason #1
Easily create any amortization schedule across all your transactions to track and capitalize commissions correctly.
Reason #2
Integrated reporting with ICM calculations ensure payout adjustments and changes automatically update in ASC 606 outputs.
Reason #3
Our cross-team workflow and approval processes help keep everyone on the same page.
Reason #4
Customizable reporting outputs and dashboards allow you to extract and view data fit for your business.
Reason #5
Real-time data feeds help ensure ASC 606 and other critical reporting outputs are always up-to-date and accurate.
Darrious Duffin
Director, Sales Ops and Service Delivery, Ritter Communications
— Americas SIP Leader, Global Business Service Operations
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