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Optimizing Revenue Recognition with Incoterms and Payment Terms: HeiQ’s Success Story
Business Partner Community Accounting
Ubicació: Hall 11.D - 4/10/24 11:00 - 4/10/24 11:30 (Europe/Brussels) (30 minuts)
Optimizing Revenue Recognition with Incoterms and Payment Terms: HeiQ’s Success Story
Tommaso Bellelli
Organization Unit Lead a Rapsodoo Italia S.r.l.
Tommaso Bellelli
Organization Unit Lead a Rapsodoo Italia S.r.l.

Tommaso is an Account and Project Lead with successful experience on Odoo Implementation projects for international groups. He has a deep interest business strategy and processes, aiming at optimizing data analysis and control. He calls himself a positive and free spirit focused on communication, and building lasting relationships. I thrive on the ability to question the status quo, explore alternatives, push boundaries, and investigate new ideas.


Optimizing Revenue Recognition with Incoterms and Payment Terms: HeiQ’s Success Story

In the dynamic world of global trade, HeiQ, a leader in textile innovation, faced challenges in aligning revenue recognition across its international operations. By leveraging Odoo ERP, HeiQ streamlined its financial processes using Incoterms and optimized payment terms, ensuring accurate and compliant revenue recognition.

Key Takeaways:
Challenges in Global Trade: Managing diverse regulations and payment schedules across multiple countries.
Strategic Use of Incoterms: Standardizing Incoterms for clear and compliant revenue recognition points.
Optimized Payment Terms: Aligning payment conditions to enhance cash flow and financial predictability.
Seamless Integration with Odoo ERP: Automating revenue recognition through integrated transaction workflows.
Business Impact: Improved financial accuracy, operational efficiency, and enhanced cash flow management.
Join us to explore how HeiQ’s innovative approach with Odoo transformed their revenue recognition process, driving accuracy and compliance in a global market.