Accounting & BookkeepingAccounting & Financial Management3MediumAccountant$ implied
Accountant is manually creating journal entries to recognize monthly percentage-of-completion revenue and cost of sales in Oracle EBS Order Management because the system lacks automated functionality for this accounting method.
Oracle EBS Order Management does not provide an automated way to recognize POC revenue and COS, forcing manual journal entries.
44
0
Opp. Score
44
Severity
3Medium
Willingness to Pay
implied
Added
Oct 31, 2026
Workarounds Described
- Manual journal entries for POC revenue and COS recognition
Implied Software Gaps
- Automated percentage-of-completion revenue recognition tool integrated with Oracle EBS
App Concept
RevRec Automator for Oracle EBS
A cloud-based add-on that automates percentage-of-completion revenue recognition within Oracle EBS Order Management. It calculates monthly revenue and COS based on project progress and standard costs, then posts entries automatically, eliminating manual journal entries and reducing errors.
Key Features
- Automated POC revenue and COS calculation based on configurable completion methods
- Seamless integration with Oracle EBS Order Management and standard costing
- Scheduled monthly recognition runs with automatic journal entry creation
- Real-time dashboard and audit trail for recognized revenue and remaining backlog
Target Users: Accountants and financial controllers in mid-to-large enterprises using Oracle EBS for order management with long-term projects or contracts.
Revenue Model: $500/month SaaS subscription per company, plus implementation fee.
Existing Solutions Mentioned
Oracle EBS Order Management
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