SOFTRAX SOLUTIONS


REVENUE RECOGNITION FOR ERP


BILLING AND REVENUE MANAGEMENT

Compliance

Softrax deferred revenue management software solution

Manage Risk and Sarbanes-Oxley Compliance with Robust Internal Controls for Revenue Recognition

With Softrax Revenue Manager you can easily implement and manage internal controls over revenue processes throughout your business. Key

COMPLIANCE, CORPORATE GOVERNANCE AND RISK MANAGEMENT

  • Standardized, industry leading Internal Controls for revenue
  • Repeatable and auditable revenue recognition process
  • Proper revenue recognition for compliant revenue reporting
Sarbanes-Oxley compliance capabilities include rules enforcement and support for testing, and reporting. Your revenue controls are continuously up to date and documented, ensuring executives and auditors that reported revenue is in compliance with all applicable guidelines and regulations. The ready availability of revenue compliant data and internal control documentation also helps reduce audit issues and expenses by providing an unprecedented level of detail and accuracy to the audit team.

Solution highlights

  • Revenue Compliance Management
  • Full revenue recognition audit trail
  • Live journal of all automated and manual revenue recognition activity
  • Documented and tested revenue cycle management
  • Documentation of manual revenue recognition interpretations and decisions
  • Track events and information that impacts revenue (e.g. contracts, agreements, orders, invoices, etc)
  • Auditor view of detailed revenue history
Increase Revenue, Decrease Costs, Compliance
WHITE PAPER

Best Practices in Revenue Reporting

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WEBCAST ON DEMAND

Managing Revenue Recognition in Concert with Oracle Financials

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CONTACT US

Contact a Softrax Representative to learn more about Revenue Recognition for ERP.

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