Modernizing revenue recognition and accelerating automation for a PE-backed teaching curriculum software company

Business leader presenting data visualizations on a large digital dashboard during a financial transformation discussion

The Challenge

TCI managed recognition outside of NetSuite—despite using the platform as its primary ERP—and relied on manual processes that created inefficiencies, audit risk, and limited scalability. They struggled with complex ASC 606 requirements, multi-year bundled subscription contracts, and multiple years’ worth of historical data.

Spreadsheet-based processes and manual reconciliations made reporting and audit readiness time-consuming and resource-intensive, and prior efforts to implement revenue recognition capabilities left key processes fragmented and difficult to manage.

The Solution

Highspring combined deep technical accounting expertise, NetSuite implementation experience, and AI-enabled delivery accelerators to achieve TCI’s complex ASC 606 revenue recognition requirements.

Highspring implemented NetSuite’s Advanced Revenue Management platform, migrating contracts and using AI-enabled processes to streamline data preparation, reconciliation, and validation. By pairing NetSuite expertise with technical accounting depth and practical AI innovation, Highspring positioned TCI for faster delivery, enhanced audit support, and created a more sustainable revenue recognition foundation for their next phase of growth.

Our Impact

Highspring equipped TCI with the processes and capabilities required to support its next phase of growth, delivering measurable outcomes including:

  • Migrated and reconciled roughly 90,000 contracts and seven years of historical data
  • Reduced implementation costs by an estimated $100,000
  • Accelerated delivery by several weeks through AI-enabled processes
  • Built an audit-ready platform that could withstand regulatory scrutiny