CustomersSoftrax customers manage billions of dollars with Softrax billing and revenue solutions |
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CustomersSoftrax customers manage billions of dollars with Softrax billing and revenue solutions |
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Customer Testimonials
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“The issue was that the costs associated with customizing our existing systems to meet our needs were just too great. We needed a centralized repository for all our order and revenue data. We also wanted tighter controls to improve our Sarbanes-Oxley compliance. That’s what drove the decision to go with Softrax.”
“We saw a demo of Softrax and knew immediately that it had the detailed level of revenue management functionality required to meet our needs. Nothing else we’ve looked at has even come close. These processes, which we’ve been managing outside of our systems, will now be automated with even higher degrees of accuracy – saving time, maximizing our renewal revenues, streamlining audits, and raising customer satisfaction to even higher levels.” “After a thorough review of the product, we felt that Softrax is the best solution available that allows us to streamline complex revenue management processes. Without the depth of functionality Softrax provides, we had to use numerous spreadsheets for key accounting tasks. Being able to manage our time entry, billing, and revenue recognition in Softrax without any extra effort is a big improvement.” “Softrax has the advanced revenue management capabilities we need to better consolidate and analyze financial data from our global operations. We evaluated Softrax against other financials and found that the best way to enhance our worldwide business infrastructure was with the transactional and reporting functionality Softrax provides. In addition, Softrax Business Intelligence will give us visibility into our key revenue drivers and enable us to better manage top line performance across all our customers, products, services, and regions." "Softrax enables us to send a single bill that accurately captures all aspects of our relationship with each customer. As a result, we have a highly scalable operation and can efficiently send our customers the right bill, at the right time.” “Our audit process now is much easier. In the past the auditors looked at our spreadsheets and questioned them. Now they look at the Softrax reports and accept them as fact.” "Softrax’s revenue management capabilities will allow SSA Global to absorb new entities into our corporate domain efficiently and provide SSA with an
operational platform that will be key to effectively managing future growth." "The revenue recognition and maintenance renewal functionality that Softrax provides will significantly enhance our existing financial systems and the
revenue reporting capability will improve our efficiency. Having successfully installed Softrax at another company, I've come to the conclusion that traditional
financial packages alone do not meet the revenue management requirements of technology licensing companies" "With Softrax you can look at pro formas, you can do co-terminus contracts, and you can get a snapshot of renewals. Now we can get invoices out and get
billing paid before the maintenance terms are up. That would have been impossible without Softrax." "With Softrax, we have a system that is inherently flexible enough to handle our billing and contract relationships and can easily exchange data with our
other systems." "Softrax offered the most complete offering for managing our customer and financial data. With Softrax, we can manage our finances from the licensing or
contract levels. In addition, Softrax offers a dynamic way both to manage our customer information and to pass this information on to our salespeople." "After an extensive evaluation process, we felt Softrax was the only product on the market that addressed all the complexities related to software revenue
recognition." "Softrax has its pulse on the software industry and is able to design solutions that suit our unique needs. With the tools in the Softrax solutions, we expect
to build the basis for our ASP business." "The Order Processing module within Softrax has enabled us to standardize our business. With it, we can capture important information regarding software
trials, upgrades, and evaluations without having to massively customize our system. More importantly, we don't have to re-key all this information into multiple
systems. This is extremely valuable in terms of time and cost savings." "The software's unique ability to manage our large and complex installed base, specifically to perform order processing, invoicing and maintenance billing,
was a major factor in our decision to license Softrax." "For many years we have had to create processes to fit the software we used for our day-to-day business functions. We recently decided to switch to
Softrax, which will be a big boost to our efficiency because Softrax was made for our business." "With Softrax, we found an integrated solution that met our key criteria. We especially valued that Softrax targeted the needs of the software industry,
by providing an easy way to manage complicated contracts and revenue models... Softrax has enabled us to build an infrastructure for growth that scales with the
business, handles increased volumes of transactions, automates the collection of orders and customer information, and manages the revenue recognition
process." "Software companies, especially Web-based companies, will realize their explosive growth potential only by scaling their business operations through
optimal use of business resources such as Softrax Operations and Softrax Professional Services Application to automate field operations," said Dave Allen,
Chief Financial Officer of Interwoven. "By automating field operations, Softrax provides the critical centralized management functions for a virtual, decentralized
workforce."
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"Cash flow is improved with Softrax. The bills go out faster. The checks come back more quickly with fewer questions.”
Mike Allpass
Vice President Finance/Controller
Air2Web
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