Yoodli is an AI-powered speech coach that allows users to role-play and practice their speaking skills for either their own self-improvement or as a part of their organization’s training program. Through this practice, users receive detailed feedback and AI-powered analytics customized to their needs.
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As a GAAP-compliant subscription business, Yoodli uses Synder to record yearly subscription payments as deferred revenue on the Balance Sheet, recognizing revenue in equal amounts monthly on the P&L.
Yoodli’s monthly subscription invoices are automatically picked up by Synder from Stripe, which then creates a revenue schedule to recognize booked amounts over the service period.
Synder enables Yoodli to recognize revenue net of discounts for a clear, accurate financial picture.
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“Synder RevRec appears to be the best and most automated way to get Stripe revenue recognition into QuickBooks. Being able to scale your business across tons of subscriptions in a cost-effective and scalable manner is critical as a startup.”
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