The Aptitude Revenue Recognition Engine (ARRE) is a specialist financial application that connects existing General Ledgers and source systems to enable telecommunications organizations to comply with the revenue recognition standards, ASC 606 & IFRS 15. It is used by some of the largest global telecoms to comply with this complex accounting regulation. ARRE performs the 5-step process, implementing accounting policy, and delivering finance-accurate accounting outputs to existing financial systems. The solution is capable of handling extremely high transaction and data volumes. The product offers a full range of out-of-the-box functionality including: - Accounting templates for full-range of telecommunication product lifecycle accounting events and contract scenarios - Connectors for all major general ledgers, including SAP & Oracle systems - Integration with full-range of business and finance processes including billing cycles, bad debt write-offs, income recognition timing differences, etc