LONDON, July 14, 2020 /PRNewswire-PRWeb/ -- Aptitude
Software, a leading provider of financial management software, is
delighted to announce a strategic partnership with Fierte, a
specialist provider of consolidated accounting, reconciliation, and
disclosure services to the Japanese market.
Fierte, part of AVANT group, has strong and established
relationships with over half of the largest 200 organizations in
Japan and has seen a significant,
underserved demand for revenue recognition software to meet the
impending Note 29 regulatory deadline in the country.
Aptitude RevStream™ is the solution leader in the North American
market and was the first ASC 606/IFRS 15 revenue recognition
solution to be made available as 'software as a service' (SaaS). It
is the solution of choice for leading global organizations in the
TMT sector including Red Hat Software, Activision Blizzard, and
VMware.
Aptitude Software recently launched RevStream™ into the
International region in response to increased demand for
beyond-compliance, real-time, automated revenue management in a
post-COVID world. Working with Fierte, Aptitude Software will now
bring its fast to deploy, SaaS-based solution to Japan to address the impending regulation and
provide longer-term benefits across the revenue management
lifecycle.
Adam Flowers, Aptitude's APAC
Regional Director, is based in Singapore and has been working in the region
since 2015. He states, ''we are excited to expand the Aptitude
footprint further into Asia with
the Fierte partnership. They are a very complimentary partner for
Aptitude, both in the types of products they offer and the types of
organizations they work with. By working together, we can bring
exceptional products and services to Japanese firms needing to
comply quickly with Note 29, while ensuring they have a solution
robust enough to provide value into the future."
Gen Nagata, CEO of Fierte corporation comments, ''Aptitude
Software's RevStream™ solution is a true market leader, offering
the capabilities and business value our Japanese clients are
seeking. RevStream™ not only allows organizations to achieve Note
29 compliance in a timely manner but can also significantly improve
key business metrics and KPIs."
Jeremy Suddards, Aptitude
Software CEO, comments, "the partnership with Fierte is very
exciting for Aptitude Software. It comes at a time when many
organizations are struggling with the pressure of a short deadline
for new regulatory reporting in addition to the effects of
COVID-19. Organizations will need to be able to adapt to changing
business models and will require constant management reporting and
analytics. This has created the perfect opportunity for Fierte and
Aptitude Software to show the value of taking a disciplined and
aggressive approach to revenue management at every stage of the
contract lifecycle while also managing the transition to reporting
under the new regulation.
Aptitude RevStream™ enables companies subject to Note 29, IFRS
15 and ASC 606 to fully automate their end-to-end revenue lifecycle
and provide strategic value far beyond compliance. Aptitude's
existing RevStream™ clients are experiencing significant
improvements in efficiency including a faster financial period
close, reduction in errors, reduced risk of non-compliance and more
time and resources to put towards forward-looking financial
planning.
About Aptitude Software
Aptitude Software provides software solutions that enable finance
professionals to run their global businesses, forecast decision
outcomes and comply with complex regulations. Uniquely combining
deep finance expertise and IP rich technology, Aptitude gives
finance leaders the tools they need to transform their business and
achieve their ambitions. Aptitude is proud to have served the
office of finance for over 20 years, delivering financial control
and insight to create a world of financial confidence for our
global clients. Headquartered in London, Aptitude Software is an operating
company of Aptitude Software Group plc.
For more information, please visit
https://www.aptitudesoftware.com/resources/revenue-management/
About Fierte
Fierte, part of AVANT group, provides outsourcing services under
the jurisdiction of CFO, including consolidated and nonconsolidated
accounting, disclosure, tax and treasury.
We have been supporting many of Japan's listed companies including large size
corporations in many fields with our rich experience and
knowledge.
In AVANT group, Fierte takes on a role of "Spreading
Accountability" through processing Accounting/Tax/Treasury work
with Customers.
For more information please visit:
https://www.fiertecorp.com/en/
https://www.avantcorp.com/en/
SOURCE Aptitude Software