Yon-Joo Lee

Yon is an accounting subject matter expert for Chargebee RevRec with over 20 years of experience.

3 Revenue Recognition Challenges for SaaS Businesses (and How Automation Solves Them)

The current economic climate is influenced by a number of factors including the lingering effect of the Covid-19 pandemic, supply chain issues, high-interest rates, and inflation leading companies and consumers to focus on cash flow preservation. SaaS businesses, in specific, are expected to encounter more contract modifications like downgrades, cancellations, or other plan changes as …