Ever notice how managing revenue in a SaaS company feels like juggling chainsaws? One minute you’re on top of things, and the next, you’re wildly trying to catch up with the latest subscription changes. The other day, I spent half an hour explaining ASC 606 to a colleague, who jokingly asked if it’s a new dance move. Let’s just say it didn’t end with a standing ovation.
Explaining ASC 606 for 30 minutes; that’s impressive!
Maybe next time try the ‘ASC shuffle’ instead? @colleague might get it then.
Juggling chainsaws sounds about right! I’ve found creating a flowchart for ASC 606 helps simplify the conversation — might not get you a dance-off, but it’s a crowd-pleaser. What’s your go-to way to make it clearer for colleagues?