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RightRev has launched RightAgents, a suite of AI agents for revenue accounting designed to identify discrepancies, reconcile revenue and prepare audit documentation.
The launch comes as software companies deal with more usage-based and hybrid pricing models, which can leave contracts, billing records and usage data out of step.
The new product sits within RightRev's existing revenue platform and is intended to support finance teams managing revenue recognition across changing pricing structures. RightRev also set out five conditions it believes AI systems in revenue accounting must meet before finance teams can rely on them.
Those conditions are continuous reconciliation across billing, enterprise resource planning and contract data; compatibility with existing finance systems; support for new pricing models; ongoing revenue close throughout the accounting period; and auditability at the level of each performance obligation.
Usage-based pricing has become more common in software, particularly when contracts include a mix of prepaid, consumption-based and hybrid terms. That creates more moving parts for finance teams, which still need to produce a defensible revenue number for reporting, audit and forecasting.
According to RightRev, the agents can pull terms from contracts, turn revenue policies into rules, reconcile records across systems and draft explanations for review. A person must review and approve the result before anything is posted.
"AI is accelerating the shift toward consumption-based pricing, making revenue increasingly complex to calculate and recognize. With usage-based, prepaid and hybrid contracts, revenue can change with every customer transaction. But finance still needs to account for every dollar and explain exactly how it was calculated. RightRev keeps revenue tied to the underlying contract, applies the rules consistently as pricing changes, and maintains a clear audit trail that finance teams can stand behind," said Jagan Reddy, Founder and Chief Executive Officer of RightRev.
How it works
RightRev said its platform processes more than $44 billion in annual customer revenue. It uses a rules-based engine that derives revenue from contract terms, with a separate data layer called RightContext connecting to billing systems, ERP platforms and usage sources.
The agents operate on top of that data and revenue layer. They can extract terms from new contracts, send changes through the revenue engine and flag items that do not reconcile before they reach the general ledger.
The suite includes several agents focused on specific finance tasks, including anomaly detection, contract review against ASC 606 checklists, natural-language queries on contracts and balances, rule creation for pricing policies, use-case testing, movement analysis between accounting periods, and reconciliation between source systems, the platform and the general ledger.
One tool, called Flux, is intended to explain why revenue and balances changed between periods and draft commentary for sign-off. Another, Reconciliation, is designed to identify differences across systems, explain them and package them for review.
All of the agents are available through Model Context Protocol, allowing teams to use them through external AI tools such as Claude and ChatGPT, subject to existing permissions. The software is available to customers using the RightRev platform as well as those running other billing systems or ERP software.
Broader issue
The launch reflects a broader push by finance software providers to apply generative AI and automation to back-office processes while retaining human sign-off for accounting decisions. Revenue recognition is a particularly sensitive area because it feeds into reported performance, board reporting and financial planning.
RightRev argued that revenue data needs stronger controls before AI can be trusted in that environment. In its view, the core issue is not just automation, but whether the resulting number can be traced back to contracts, supporting data and accounting rules.
The company was founded in 2020 and says it has raised more than $30 million from investors including Norwest Venture Partners, Salesforce Ventures, Snowflake Ventures, Innovius Capital and Cheyenne Ventures. It counts William Reed, ChiliPiper and Duck Creek Technologies among the companies using its platform.
Reddy said revenue remains the foundation for other finance metrics and workflows.
"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. 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," said Reddy.