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Softrax Revenue Manager

Automate, streamline, and simplify your revenue recognition.

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Overview

Softrax Revenue Manager is a robust software solution designed to automate and streamline the entire revenue recognition lifecycle. It helps businesses comply with ASC 606 and IFRS 15 by providing a flexible and configurable platform for managing complex revenue scenarios, including subscriptions, multi-element arrangements, and professional services. Softrax can be deployed in the cloud or on-premise and integrates with various ERP and CRM systems.

✨ Key Features

  • Automated Revenue Recognition
  • ASC 606 and IFRS 15 Compliance
  • Contract and Order Management
  • Billing and Invoicing
  • Revenue Forecasting and Reporting
  • Flexible Deployment Options

🎯 Key Differentiators

  • Deep expertise in revenue recognition for over 20 years
  • Flexible deployment options (cloud or on-premise)
  • Strong capabilities for managing both subscription and non-subscription revenue

Unique Value: Softrax provides a proven and reliable solution for automating complex revenue recognition, backed by deep industry expertise and a commitment to customer success.

🎯 Use Cases (3)

Automating revenue recognition for businesses with complex and diverse revenue models Ensuring compliance with accounting standards in a changing regulatory environment Improving the efficiency and accuracy of the financial close process

✅ Best For

  • Software and technology companies
  • Professional services firms
  • Companies with a mix of subscription and perpetual license revenue

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Small businesses with simple, straightforward revenue

🏆 Alternatives

Zuora Revenue Aptitude RevStream NetSuite ARM

Softrax offers greater flexibility in deployment and a stronger focus on revenue recognition as a core competency compared to ERP modules. Its ability to handle a mix of revenue types sets it apart from some subscription-focused solutions.

💻 Platforms

Web Desktop API

🔌 Integrations

SAP Oracle NetSuite Microsoft Dynamics Salesforce

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Varies tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ SSO ✓ SOC 1 Type 2 ✓ SOC 2 Type 2

💰 Pricing

Contact for pricing
Visit Softrax Revenue Manager Website →