Case Study: ExteNet Systems achieves automated billing and faster revenue recognition with RecVue

ExteNet Systems - Customer Case Study

ExteNet Systems, a leading converged communications infrastructure provider, was migrating to a new ERP and needed to automate billing and revenue recognition without adding on‑premises IT overhead. Complex, long‑term contracts (5–30 years) with amendments, price escalations, staggered start dates and thousands of billable items left finance teams managing spreadsheets, making manual adjustments, and facing invoicing delays—so ExteNet turned to RecVue for a scalable billing and revenue recognition solution.

RecVue’s platform automated ExteNet’s order-to-cash and revenue recognition processes, enforced contract price escalations, handled staggered project starts with consolidated invoices, and supported contingent commission calculations and regulatory compliance. The RecVue implementation accelerated invoicing and revenue recognition, removed manual spreadsheet work across thousands of items, reduced invoicing delays (and the associated need to add finance headcount), and delivered clearer visibility and compliance for ExteNet Systems.

ExteNet Systems

Joe Cummings

Vice President Information Technology