Blogs

What’s New in the 2024.Q4 Zuora Revenue Release

By Mayank Trivedi posted 18 days ago
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At our November 13th Table Talk, Revenue product managers Ramesh Mettupalayam Sadasivamoorthy, Sriram D T, and Vivek Ganesan, shared their latest features which included: Revenue Share to Data Warehouse (Snowflake Secure Share) Revenue Reporting and Close Revenue Data Share via BI Views Accelerated Implementation and Self Serve Order to Revenue Revenue API Enhancements OneID for Revenue Learn more about each below where you’ll find direct links to the video recap and more or you can view the presentation or watch the full video , Revenue Share to Data Warehouse (Snowflake Secure Share) Watch video to learn more Secure Share ...
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OneID and the Workday GL Connector for Zuora Revenue

By Sriram D T posted 10-10-2024
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In our most recent Revenue Table Talk, we covered how OneID and the Workday GL Connector play a pivotal role in revolutionizing your Zuora Revenue operations. View Presentation | Watch Full Video Zuora and Workday Partnership Watch Video to Learn More The partnership between Zuora and Workday is a cornerstone for seamless end-to-end order-to-cash (OTC) processes across multiple business verticals. Zuora for Workday Financials offers an integrated suite designed for high-scale, sophisticated management across all business models, enabling complex order-to-revenue processes, advanced monetization, and comprehensive revenue management for physical, ...
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Zuora Revenue Operational Efficiencies and Best Practices

By SreekanthReddy Gillella posted 10-03-2024
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In our latest Zuora Revenue Global Support Best Practice Workshop, we shone the spotlight on optimizing revenue operations where we delved into the best practices crucial for enhancing operational efficiency in revenue management. In this session, we covered Zuora Revenue best practices in Process Data Frequency Stage Exceptions and Corrections Key processes to validate Close Process Dashboard Support Request Etiquettes View Presentation | View Full Video 1. Process Data Frequency Watch to Learn More Suggestion Schedule/run data collection more frequently throughout ...
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How to Effectively Use Revenue Holds and Approvals in Zuora Revenue

By Nikki Wong posted 09-17-2024
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The revenue hold is to prevent future revenue release. This type of hold can be applied after the revenue is partially released. When the revenue hold is applied, it will be applied to both revenue and allocation. The transfer hold is to prevent the revenue schedules from being posted to the upstream system. In this month’s Revenue Table Talk, after a tool tip on enhanced error messages , we discussed the benefits of effectively using holds and approvals to help improve your daily operational process. View Presentation | Watch Full Video In-depth Look at Revenue Holds Revenue holds are used for various reasons, including pending deliveries, ...
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OneID and the NetSuite Connector for Zuora Revenue

By Sriram D T posted 08-28-2024
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On August 13th, we held a Revenue Table Talk that highlighted the advantages for using Zuora ERP connectors, particularly NetSuite. These connectors streamline financial operations by automating data ingestion and synchronization, significantly reducing the manual effort and time associated with revenue accounting. We closed the session with OneID, a user identity and access management platform for Zuora applications and how it relates to Zuora Revenue. View Presentation | Watch Full Video Zuora Revenue Connectors for NetSuite Watch to learn more Manual revenue recognition is fraught with challenges. It's slow, error-prone, and costly. The ...
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SFC and Mass Action in Zuora Revenue

By Ramesh Mettupalayam Sadasivamoorthy posted 07-23-2024
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In our latest Revenue Table Talk on July 17th, we focused on discussing the Significant Financing Component (SFC) and Mass Action functionalities within Zuora Revenue. View Presentation | Watch Full Video Tool Tip: In-App Notifications - Quarterly Releases Watch video to learn more We opened the session with a Tool Tip on our new in-app notifications on Zuora’s quarterly releases which is designed to alert users about upcoming scheduled releases, release completions, and ad-hoc deployments through automatic pop-ups and a dedicated notifications icon within the app. Figure 1: Zuora Revenue in-app notification system for ...
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Common Use Cases for Zuora Revenue Variable Considerations

By Lana Lee posted 05-28-2024
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On May 16th, the Zuora Community was joined by Senior Director of Product Management Nikki Wong who shared some common use cases for Zuora Revenue Variable considerations along with a Revenue Tool Tip on Reporting - Historical Waterfall (Actuals). View Presentation | Watch Video Revenue Tool Tip: Reporting - Historical Waterfall (Actuals) Watch video to learn more This tool tip introduces ​​an enhancement on release on our waterfall. Waterfall Type Revenue, Billed Revenue, Unbilled Revenue Adjustments, Contract Impairment (with release 37.017.01) Net Revenue Waterfall Types ...
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Effectively and Efficiently Use Zuora Revenue Reports with Journal Entries and the Close Process Dashboard

By Lana Lee posted 04-10-2024
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When it comes to Zuora Revenue reporting, there is a lot of information to cover which is why we decided to devote two Table Talk sessions to this topic. In February our first Revenue reporting session covered reporting best practices, revenue reporting and journal entries along with some examples. In this second session, we dive deeper into journal entries, diagnosing problems with reports using journal entries, and the Close Process Dashboard. Watch full video | View presentation Zuora Revenue Reporting Best Practices Watch video to learn more Feature Recommendation Benefits ...
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Common Use Cases for Zuora Revenue Variable Considerations

By Lana Lee posted 04-01-2024
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At our Revenue Table Talk on March 14th, Senior Director of Product Management Nikki Wong shared some common use cases for Zuora Revenue variable considerations. She also shared a Revenue Tool Tip on stage validation which is reviewing the data before we process it to avoid it being “stuck in stage”. View Presentation | Watch Full Video Revenue Tool Tip: Stage Validation Watch to Learn More While data is being processed in Zuora Revenue, the system will validate the data based on the set of rules. If the transaction fails to pass the rules, it will be “stuck in stage”, where Zuora Revenue will stop processing the translation with ...
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How to Effectively and Efficiently Use Zuora Revenue Reports - Best Practices and Journal Entries

By Lana Lee posted 02-13-2024
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On February 8th, Nikki Wong, Sr. Director of Product Management and Vivek Ganesan, Sr. Product Manager held a Community Table Talk where they shared their best practices for Zuora Revenue reports, and journal entries. Nikki also included a few practice examples to demonstrate the reporting concepts. Review: Presentation | Full Video Revenue Tool Tip: Implication of Delink Method Watch video to learn more The Delink Method will contribute to allocation impact, especially if you are delinking an RC that is in revision period. Options: Delink By RC - this will allow the system to retain the accounting result and history of the RC ...
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What’s New in the 37.016.00 Zuora Revenue Release

By Lana Lee posted 01-16-2024
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On January 9th, the Zuora Community was joined by the Revenue Product Management team as they shared the latest features from the 37.016.00 release which included enhancements to the consumption report, schedule job parameter, and reporting. ⇒ If you missed the session or wish to rewatch it, review the presentation slides here and the full session video below. What’s New in the 37.016.00 Zuora Revenue Release Consumption Report Enhancements Learn More: Video Consumption events report now provides insight into revenue segment, transaction date, sub product charge number, and type. Use Case Learn More: Video ...
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Period Close Template and Foreign Exchange Management in Zuora Revenue

By Lana Lee posted 01-03-2024
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When it comes to foreign exchange management in Zuora Revenue, there’s a lot of ground to cover which is why we had two sessions - one in September and another in November 2023 - to ensure that we devoted our time to each topic. If you missed our September Foreign Exchange Management session where we talked about sales orders, invoices and credit memos, you can review it here . For our November workshop, Sr. Director of Product Management in Revenue Nikki Wong shared a tool tip on Zuora Revenue's Period Close Template which is where your close process is going through. This template is self-configurable and there are other programs or you can enter ...
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What’s New in the 37.015.00 Zuora Revenue Release

By Lana Lee posted 10-18-2023
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We’re excited to share with you what’s new in our latest Zuora Revenue Release including Restyling of the Zuora Revenue Profile Menu UX Enhancements Schedule Jobs Submission Revenue Sync Page Filters Reporting Update - Current Period Summarization Job Phase Out New Data Query With Cross Joins Best Practice Tool Tip: Post Summarize Data Before diving into the enhancements, Senior Product Managers Vivek Ganesan and Ramesh Mettupalayam Sadasivamoorthy shared a Revenue best practice tool tip on Current Period Post Summarize Data. One would normally see this particular job in your period close template and it may also be a part ...
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Foreign Exchange Management for Sales Orders, Invoices and Credit Memos in Zuora Revenue

By Lana Lee posted 09-25-2023
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In Zuora Revenue, there are primarily four scenarios of foreign exchange management where Zuora Revenue provides reports in different currencies for you to view and translate into revenue values for each scenario: Sales Order vs. Invoice Invoice vs. Credit Memo SSP Allocations in Multi-Currencies Revenue Contract Posting to General Ledger As each scenario is important in foreign exchange management, we will separate the topic into a two-part series part 1 will focus on sales order vs. invoices and invoice vs. credit memo this month (September) and part 2 in November will round out the series with SSP allocation in multi-currencies revenue contract ...
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Revenue Feature Updates for CA/CL and LT/ST Reclass and the Automated Revenue Release Check

By Lana Lee posted 09-25-2023
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Last month, we shared What's New in the 37.014.00.00 Zuora Revenue Release and we wanted to share some additional updates since then. Continue reading or watch the video . CA/CL Reclass and Long Term and Short Term Reclass Because automated CA/CL reclass and LT/ST reclass MJE creation is not enabled on production environments as part of the 37.014.00.00 release, Zuora will enable this feature as per the below plan: If your quarter ends in September, this feature will be enabled in your production environment by mid of October 2023. If your quarter ends in October, this feature will be enabled in your production environment by mid of November ...
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What's New in the 37.014.00.00 Zuora Revenue Release

By Lana Lee posted 08-23-2023
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On August 17th, Vivek Ganesan, Senior Product Manager of Revenue gave an overview of what’s new in the 37.014.00.00 for Zuora Revenue. The session began with a tool tip on the ‘Reporting Summarize Current Period’ job that is planned to be phased out in Q4 2023. What this means is that with ‘Real Time Summarization’ enabled, the summarization job is not required to be run. Additionally, this job may also be part of your Period Close Template. We recommend the following: Stop running the ‘Reporting Summarize Current Period’ job Remove this job from your Period Close Template Configuration Navigation : Policies > Period Open/Close Template ...
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Booking Forecast in Zuora Revenue

By Lana Lee posted 05-17-2023
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On May 11th, the Zuora Community hosted a Revenue Workshop on Booking Forecast with Nikki Wong, Senior Director of Product Management where she walked through the steps to setup, generate, and report your booking forecast. Additionally, Nikki shared a Revenue Tool Tip on how to prepare for an external audit in Zuora Revenue using commonly-used reports which you can read more about here . Learn More View Presentation | Watch Full Video Forecasting Watch video to learn more Forecasting in Zuora Revenue puts an ease on Remaining Performance Obligations (RPO) reporting by doing three kinds of waterfall: ...
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Preparing for an External Audit with Commonly-Used Reports in Zuora Revenue

By Lana Lee posted 05-16-2023
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On May 11th, the Zuora Community hosted a Revenue Workshop on Booking Forecast with @Nikki Wong , Senior Director of Product Management where she walked through the steps to setup, generate, and report your booking forecast. Before diving into the main topic, Nikki shared a Revenue Tool Tip on how to prepare for an external audit in Zuora Revenue using commonly-used reports: For Revenue Reporting: Revenue Insight YTD/QTD - This can be used for Contract Sampling. This report provides all the revenue contracts that have revenue activities for the period. This includes all revenue posted to the Revenue Accounts. Revenue Contract ...
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Revenue Data Backup Effective July 1st 2023

By Zuora Community posted 04-19-2023
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Zuora Revenue backs up data in sandboxes and production instances automatically for customers who may wish to retrieve data as it existed as of a specific date. Customers of Zuora Revenue have the ability to access historical data within a limited time frame from a backup copy. Data backup copies are not maintained indefinitely, and copies will be archived after a period of time as detailed in this policy. Zuora reserves the right to update this policy from time to time at its sole discretion. 1. Live Customers 1.1 Production instance will be backup daily and retain for 4 weeks 1.2 Production instance Period End copy will be store for 78 weeks (in any case ...
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Consumption Revenue

By Lana Lee posted 04-17-2023
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In the past few years, the consumption pricing and packaging model have become increasingly popular among different businesses. While providing flexibility and have been adopting pricing and packaging consumption models which have an effect on the back-end office like finance and accounting and other operations. With limited marketplace options for consumption revenue, we’re excited to share how Zuora Revenue automates revenue recognition for the best consumption models. On March 6th, 2023 we held a Zuora Revenue Table Talk on Consumption with @Mike Chu , Senior Product Manager, @Wing Li Senior Solution Architect and @Nikki Wong , Senior Director of Product ...
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