Softrax Resource Center

Automating Revenue Processes to Integrate Acquisitions
When Accellos was launched by the merger of two acquisitions, the finance team had only weeks to deliver a financial infrastructure that could manage all aspects of their complex ... + read more

Best Practices in Billing & Revenue Recognition for Software Companies
Companies across the software industry are under increasing pressure to maximize revenue and reduce operating costs, while optimizing business performance. + view now

Coordinating Complex Billing and Revenue Recognition
Managing rapid growth, complicated pricing, and changes to their business model required this mobile messaging provider to eliminate manual accounting processes. The deployment ...+ read more

Scaling Up With a Subscription Licensing Model
When the products of this auto insurance solutions provider really took off, they left the company’s primary accounting tools in the dust. With a subscription-based business model...+ read more

Preparing Revenue Processes for Going Public
A very fast-growing private company, on its way to becoming a fast-growing public company, had to rethink and rebuild its financial systems to keep pace with the business. Spreadsheets and ...+ read more

Best Practices for Complex Billing and Revenue Recognition
Michael Allpass, Vice President Finance at Air2Web, the leading provider of mobile messaging and marketing applications for enterprises and carriers, presents a webcast...+ view now

Automating Deferred Revenue to Increase Productivity
Taxware (now ADP Taxware) selected Softrax to centralize and manage customer installation data and to automate maintenance renewals and billings. Taxware turned to Softrax ... + read more

Implementing Tighter Controls for Sarbanes-Oxley Compliance
Tumbleweed’s financial infrastructure comprised two enterprise systems and more than a dozen spreadsheets. As a result, reconciling financial transactions required ...+ read more

Integrating disparate financial systems with ERP
Harland Financial Solutions needed to replace the collection of accounting systems owned by their many subsidiaries with one, consistent system that could manage billing ...+ read more

Streamlining financial processes across multiple acquisitions
Over the years this municipal solutions provider acquired ten companies and ten different customer databases. As a result, accounting and finance processes became highly fragmented. + read more

Automating software and service revenue reporting in one system
When this software developer acquired a services company, they needed new tools and accounting systems to help merge and manage the two businesses. Softrax provided ...+ read more

Best Practices for Information Services Companies - Complex Billing and Revenue Recognition
Jon Greifenkamp, Vice President, Finance, Solucient (acquired by Thomson Corporation 10/2006), the leading provider of business intelligence to the healthcare ...+ view now

Automating accounting to improve billing, renewals and channel performance
Actify selected Softrax to centralize and automate a complex accounting function involving resellers worldwide. Actify also employs Softrax to drive maintenance renewal revenue directly ...+ read more

Establishing financial transparency and accuracy for acquisition
This retail solutions vendor was able to meet all of its business requirements for a new accounting infrastructure by implementing Softrax and Softrax PSA. The result was ...+ read more

Replacing a monolithic financials system to improve flexibility and control
Replacing an enterprise financials system with Softrax provided LogicVision with immediate cost savings and rapid return on investment. In addition, key financial data flows were streamlined, ...+ read more

Upgrading the financial infrastructure to support rapid growth
Sustaining rapid growth required that Framework (prior to being acquired by Centric Software) quickly establish efficient processes across the company, including finance. They selected...+ read more

Establishing enterprise revenue processes to support M&A and compliance
Strategic acquisitions and global operations at Vastera (prior to being acquired by JP Morgan) demand that financial processes be highly efficient and easily transferred to new ...+ read more

Eliminating spreadsheets to support exponential growth
Planning for growth at iPhrase (prior to being acquired by IBM) meant moving from the financial tools that got them started to a scalable infrastructure that would eliminate spreadsheets...+ read more

Consolidating financial data for improved control and reporting
While M&A has been an effective growth strategy, the finance department inherited the inefficiencies of three companies, ending up with multiple spreadsheets tracking each of its ...+ read more

Managing the whole customer lifecycle from order entry to inventory and billing
This company selected Softrax to manage thousands of pieces of inventory from the time of their arrival until their ultimate retirement by the customer. The system tracks the location of ...+ read more

Benchmarks for Billing Processes: How Complex Business Models Impact Quality, Accuracy and Efficiency – New research shows how business models, billing and computational methods, and customer preferences impact billing complexity. + read more

Billing Strategies for Innovative Business Models: How Boring Old Billing Could Be the Competitive Advantage You Never Knew You Had – Billing processes are one of the most underrated competitive assets in business. This paper examines the complex billing requirements of ...+ read more