Business Intelligence

Continually monitor, protect, and improve your key revenue streams

Softrax Business Intelligence (BI) delivers actionable analytics and forecasting to help you optimize your revenue. One of the greatest issues facing a CFO and finance/accounting groups is the “information chasm” between critical data and strategic decision making. Softrax Business Intelligence provides a solution to bridge the “Information Chasm” by delivering:

• Actionable analytics and forecasting based on current transactional data
• Personalized and timely visibility into data presented "in context" to key questions that provide insight into revenue performance
• Powerful what-if and comparative revenue forecasting scenarios to deliver accurate forecasts

Softrax BI enables the CFO to…

• Make better and more timely decisions with revenue information displayed how they want to see it, anytime and anywhere
• Save accounting staff time and resources by reducing the ad-hoc interrupts of custom reports and complex spreadsheets
• Address the CEO and Board of Directors with confidence that includes detailed information behind the numbers
• Realize and increase revenue while delivering subscription and renewal forecasts with unprecedented accuracy and speed

Softrax BI helps Finance and Accounting…

• Quickly create up-to-date executive reports with current transactional data, e.g. deferred revenue by product, customer, sales territory, period, etc.
• Deliver multiple revenue forecasts driven by different, complex scenarios
• Reduce the number of error-prone spreadsheets, saving time and resources
• Easily keep up with and react to change requests without requiring custom reports

Softrax BI Empowers Revenue Management
Generic business intelligence and analytics tools only provide a part of the solution when it comes to revenue analysis and forecasting. They provide tools for analysis, but not the essential data or integration to make the tool truly valuable. This leaves a number of key challenges for executives unresolved:

• Not having key information or not having it in a timely fashion makes it difficult to chart strategy on product investment
• Revenue analysis is often not simple and requires the ability to visualize data by multiple dimensions (standard Softrax views include: Account, Company, Contract, Customer, Currency, Deferred Revenue, Forecast Status, Order Period, Product Revenue Stream, and Sales Amount)
• Custom reports and complex spreadsheets remain in place slowing the data flow and introducing risk
• Forecasts typically take time to develop and often lack critical key up to date information to make them meaningful

Solution highlights

Make the right business decisions based on complete insight into your revenue Support key business decisions with the most current and accurate financial data Get personalized views of revenue information with a click of a button, anytime and anywhere— e.g. deferred revenue by product, customer, sales territory, period, etc. Trend revenue forecasts with unparalleled accuracy and speed Reduce custom reports requests and the complex analytical and forecasting spreadsheets needed to support them

Get powerful analytical insights with predefined and customizable views Period Activity Report: Provides JE Activity into revenue and deferred revenue accounts Period Forecast Report: Shows expected JE activity based on already scheduled revenue Revenue Analysis Report: Displays balances of billed and unbilled revenue Aged Revenue Report: Provides a key performance indicator for revenue recognition, how much time has elapsed since expected recognition date Create your own views to analyze revenue data by over 25 attributes, including Account, Company, Contract, Customer, Period, Product, Revenue Stream, Sales Order, and Territory

Robust modeling provides unprecedented revenue forecasting abilities Perform renewal forecasting "your way" by establishing groups and applying renewal assumptions (e.g. price, renewal rate, etc.) to each group Build comprehensive renewal forecasts by combining multiple what-if scenarios and saving these scenarios for future use Understand the impact of assumptions on your forecast by comparing the results of multiple scenarios

Quick and easy implementation gets executives up and running Customize any view: Add/delete/change fields via simple drag and drop Drill-down graphically: Find the insight you need by clicking on data elements or graphs to see the details behind the trend Compare performance snapshots over time. Understand the evolution of your business and revenue by comparing snapshots over time Export data to Excel: Take revenue data offline for further analysis, dissemination, and reporting Ensure data security: Control user access to revenue data through flexible role based security Access anytime, anywhere: Softrax BI is completely web-based and can easily be accessed through your browser with full security protection