revenue management software

Revenue Management Software

Automate billing and revenue recognition processes with leading software solution for enterprise-level companies

Prepared for new revenue recognition rules

The new ASC 606 & IFRS 15 guidelines have created complex revenue recognition requirements for companies around the world. Regain control with Softrax revenue automation software and implement the new revenue recognition rules with confidence. 

softrax revenue recognition software

Take Charge of Your Entire Revenue Recognition Process.

  • Unrivaled Compliance 
    Designed to support the existing and coming revenue recognition guidance from FASB and IASB.  Our products offer a full range of management and reporting options needed for a successful transition to ASC 606 & IFRS 15. 
  • Ease of Use
    Quickly and easily manage all of your revenue recognition needs without the need for spreadsheets or customizations.  
  • Automation Intelligence
    Softrax is capable of handling the various changes and adjustments that occur to your revenue after the initial setup including post processing events and allocations.
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Already have a system in place, but need BETTER Rev Rec?

 

Evolving business models, new guidance, and increased oversight has created a perfect storm of change in the Revenue Management space.  No single ERP vendor has been able to keep pace.  At SOFTRAX we help you manage complex billing and revenue recognition by providing software solutions designed to fill in the functionality gaps that these platforms simply aren't equipped to handle.  

Our software seamlessly augments over 200+ ERP and financial systems, allowing you to protect your initial ERP investment and expand your ERP system capabilities to meet new and emerging business needs.  Avoid whole-system "rip and replace", expensive customizations, or risky manual workarounds.

Softrax Revenue Manager Process

Revenue Recognition Blog

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The SOFTRAX Difference

SOFTRAX provides the only financial infrastructure solutions capable of meeting evolving business models, customer relationships, and accounting regulations.

Innovative

SOFTRAX provides modular and end-to-end solutions that manage operational and accounting processes such as revenue recognition, complex billing, contract renewals, order management and more.

Trusted

For over 15 years, we've helped hundreds of customers in a variety of industries.  SOFTRAX customers have managed 100 of billions of dollars via SOFTRAX solutions.

 

Compliant

Whether it’s ASC 606 & IFRS 15 guidance, Sarbanes Oxley or the myriad of existing financial regulation, our software gives you flexible, robust revenue management capabilities that can grow and change with your business needs.

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