MSP Contract Revenue Recognition
Managed service contracts combine recurring service fees, project work, hardware resale, and support — all with different revenue recognition treatment under ASC 606. Most MSPs still recognize revenue incorrectly.
Technology
IT Services & Managed Services
MSP contract billing, SLA credit accounting, and hardware resale margin tracking for IT services and managed services providers. Nexus connects your service delivery data to your financial close.
GAAPASC 606
The IT Services & Managed Services Finance Challenge
SLA Credit Management
SLA penalties and credits must be tracked by customer and contract, accrued accurately, and applied to invoices correctly. Without automated SLA tracking, credits are applied inconsistently.
Subcontractor Cost Management
IT services firms rely heavily on subcontractors for specialist skills. Tracking subcontractor costs against project budgets and ensuring correct billing treatment is operationally complex.
How Plurafi Solves It
Managed service contract billing
SLA performance and credit tracking
Time & materials project billing
Hardware resale margin tracking
Subcontractor cost management
Maintenance contract renewal revenue
Built-In Compliance
GAAP (ASC 606)
IFRS 15
Key Outcomes
MSP revenue
recognized correctly under ASC 606
SLA credits
applied automatically
Subcontractor margins
visible by project
Built specifically for IT Services & Managed Services
See how Plurafi handles your industry's complexity