Zuora, Inc., the leading provider of subscription commerce, billing and finance solutions, today announced that it has signed a definitive agreement to acquire Leeyo Software Inc.®, the undisputed leader in revenue recognition automation. Zuora® will add Leeyo RevPro®, the cloud-based, enterprise-grade ASC 606 and IFRS 15 compliant revenue recognition solution, to its order-to-cash product portfolio. This creates a one-stop shop for automating financial operations, further increasing Zuora's dominance in the $102 billion market for Subscription Economy® tools.
In recent years, many reports have documented the global subscription movement. The Economist found that 80 percent of customers are demanding new consumption
In recent years, many reports have documented the global subscription movement. The Economist found that 80 percent of customers are demanding new consumption
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