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Stripe is testing a revenue reporting tool that provides a snapshot of key financial metrics. It’s part of a growing number of accounting functions from the payments company as part of its finance and revenue automation suite
These include monthly recurring revenue, customer growth by activity, and revenue by product with the system providing automated accounting statements for cash-accounting businesses.
Also new is the Stripe Tax API with multiple processor support that lets businesses manage taxes on transaction, including those not processed by Stripe. The company says more than 40 countries are supported. Stripe says no-code revenue recovery and retention automation enable finance teams to create customized triggers and actions such as receiving notifications that an invoice is overdue
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind