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Aberdeen Group—Impact—Softrax Automates Revenue Recognition Management: Contract Admin, Subscription, and Transaction Billing

Softrax, a leader in revenue recognition software in accord with accounting mandates for software suppliers, enhances its product suites with Contrax — a software solution for managing contract data, subscription, and transaction-based revenue. Contrax benefits software companies and application service providers (ASPs) offering access to software as a service, Internet content providers charging for access on a transaction or subscription basis, Net marketplaces, and exchanges.

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