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TrueRev

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Last updated on

Company health

Web traffic
44% increase in the last quarter
Financing
August 2022 - $770K

Ratings

G2
4.9/5
(9)

TrueRev description

TrueRev is a subscription and financial operations platform designed for B2B SaaS companies using QuickBooks. It simplifies and automates subscription billing, revenue recognition, and deferred revenue management. Key features include automated invoice generation, real-time SaaS metrics dashboards, and seamless QuickBooks integration. TrueRev aims to replace error-prone spreadsheets, improve data accuracy, and free up financial teams from manual tasks.


Who is using TrueRev?


Who is TrueRev best for

We find that TrueRev is a great solution for B2B SaaS companies already using QuickBooks. It simplifies subscription billing, revenue recognition, and deferred revenue management. Based on the reviews, TrueRev helps financial teams avoid manual tasks and improve data accuracy by automating invoice generation and providing real-time SaaS metrics dashboards.

  • Perfect for small to medium-sized B2B SaaS companies (1-1000 employees) seeking to streamline subscription and financial operations.

  • A strong fit for the Software, IT, and Telecommunications industries, plus Finance, Banking, Insurance, and E-commerce.


TrueRev features

Supported

Deferred Revenue: Plan ahead for monthly recurring revenue

Supported

Revenue Recognition: ASC 606 compliant revenue recognition

Supported

Quickbooks Integration: All of your accounting all in one place

Supported

Beyond Accounting & Finance Teams: How TrueRev benefits other teams

Supported

Contract Workflows: Manage workflows easily

Supported

Cashflow Reporting: Learn how TrueRev enhances cash flow reporting

Supported

Compare TrueRev & SaaSOptics (Maxio): Compare TrueRev and SaaSOptics (Maxio)


TrueRev pricing

The commentary is based on 4 reviews from TrueRev G2 reviews.

TrueRev offers a single plan with all features included. There is a 14-day free trial available. The pricing is based on an annual subscription billed upfront.

See the TrueRev pricing page.

  • TrueRev has a free trial.

Feature Rich
$299 per feature/month

Includes Revenue recognition, Deferred revenue, Scheduled invoices, Contract renewals, SaaS metrics, Journal entries, Shared reports, Document management, Evergreen contracts.


TrueRev alternatives

  • Logo of Maxio (formerly SaaSOptics and Chargify)
    Maxio (formerly SaaSOptics and Chargify)
    Subscription management, revenue insights, and financial automation for SaaS.
    Read more
  • Logo of DevRev
    DevRev
    Unifies customer feedback, product development with AI insights.
    Read more
  • Logo of Ordway
    Ordway
    Automates recurring billing, revenue recognition, and SaaS metrics.
    Read more
  • Logo of Received
    Received
    Automates B2B billing, revenue tracking, and financial reporting.
    Read more
  • Logo of Chargebee RevRec
    Chargebee RevRec
    Automates revenue recognition for subscription businesses, ensuring compliance.
    Read more
  • Logo of HubiFi
    HubiFi
    Automates accounting for high-volume businesses, simplifying complex finances.
    Read more

TrueRev FAQ

  • What is TrueRev and what does TrueRev do?

    TrueRev is a subscription and financial operations platform for B2B SaaS businesses using QuickBooks. We find that it automates subscription billing, revenue recognition, and deferred revenue management, giving you real-time SaaS metrics and seamless QuickBooks integration.

  • How does TrueRev integrate with other tools?

    TrueRev integrates seamlessly with QuickBooks, centralizing your financial operations. It also supports contract workflows to streamline your processes. We find this level of integration quite helpful for our clients.

  • What the main competitors of TrueRev?

    We find that TrueRev's main competitors are Chargebee, SaaSOptics (Maxio), Ordway, Zenskar, and Younium. These alternatives offer similar features for subscription management, billing automation, and revenue recognition.

  • Is TrueRev legit?

    TrueRev has overwhelmingly positive ratings on G2 (4.9/5 stars). We find that users appreciate its automation features and QuickBooks integration. It appears to be a legitimate and helpful tool for B2B SaaS companies using QuickBooks.

  • How much does TrueRev cost?

    TrueRev costs $299 per feature/month for their "Feature Rich" plan. This plan includes all features and is designed for SMBs. A 14-day free trial is also available.

  • Is TrueRev customer service good?

    We find that TrueRev's customer service is highly regarded. Users praise the quick response times and helpfulness of the support team in resolving issues and providing guidance, even for minor problems or forgotten functionalities.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.