Automated revenue recognition solutions provider RightRev has introduced RightAgents, which the company describes as AI agents that work under finance team oversight to keep revenue accurate, explainable, and audit-ready.
RightAgents pull terms from contracts, turn revenue policies into rules, reconcile across systems, and draft the explanations. A person reviews and approves the result.
“RightRev processes more than $44 billion in annual customer revenue, and its revenue engine derives each number from the contract by rule. RightRev AI builds on that foundation with RightAgents, the first suite of AI agents dedicated solely to the revenue number, covering usage, consumption, credit, prepaid drawdown, and hybrid contracts,” the Austin, TX-based company said in a Nov. 12 media release.
RightAgents address the repeatable work of setting up, checking, and explaining the revenue number so finance teams get there with minimal manual touch, RightRev says. The number stays with the controllers and revenue accountants who answer for it.
RightContext is the data and context layer of the platform. It connects to any billing system, ERP, or usage source, normalizes the input, and automatically builds context around it. Finance teams can also define their own context so the people who know the business decide how the data is read. That context is applied the same way every time and can be relied on by the engine, RightAgents, and any AI tool connected through Model Context Protocol, the company says.
The revenue engine calculates revenue from that context using each customer’s own policies. RightRev AI agents run on that derived revenue number and pull terms from new contracts, send changes back through the engine, and flag anything that doesn’t reconcile before it reaches the general ledger. Every journal entry traces back to the contract, data, and rule behind it, and a person approves everything before it posts.
“Revenue is the number every other number in finance is built on. Forecasts, planning, the board deck, and every AI workflow that touches them inherit it, so the order matters. RightRev is built for this reality,” Jagan Reddy, founder and CEO of RightRev, said in a statement. “Data from every system comes in and gets checked, the revenue number is calculated by rule with every entry traced to its contract, the agents work against that number, and finance approves what reaches the ledger. The agents handle the gathering, matching, and drafting, so finance’s time goes to review and approval. AI will run more and more of finance, and it will only be as right as the revenue number underneath it.”
According to RightRev, each agent takes over a piece of the work finance teams currently do by hand:
- Anomalies: Watches contracts and revenue schedules for anything unusual, such as unexpected variances, missing prices, or odd allocations, and flags it for review.
- Contract Checklist: Pulls the key terms and obligations from each customer contract and checks them against an ASC 606 checklist or an organization’s own checklist. A reviewer signs off, and the documentation is ready for the audit file.
- Revenue Assistant: Answers natural-language questions about contracts, revenue, and balances using the organization’s revenue data.
- Architect: Creates rules for a policy or use case, such as tiered pricing or breakage. The team approves it before it goes live, and it then runs the same way every time, with no code.
- Use Case Modeling: Works out the scenarios each customer’s setup has to handle, builds the tests, and runs them, so changes are checked before they reach the books.
- Flux: Explains why revenue and balances moved from one period to the next, ties each change to the contracts behind it, and drafts the commentary for sign-off.
- Reconciliation: Checks that revenue matches across source systems, RightRev, and the general ledger, explains each difference, and packages it for review and sign-off.
When the business launches new pricing, Architect drafts the rule from a plain-English description, finance approves it, and it runs the same way every time, RightRev says. All RightRev AI agents are available through MCP so teams can run them from Claude, ChatGPT, and other AI tools within each person’s existing permissions.
More information about RightRev AI can be found here.
Photo credit: RightRev/LinkedIn
Sign in to get access to this free resource, and all of our whitepapers and reports.
Download this content today!
Register Now Already registered? Click here to Log In
