Softrax is designed for high-growth companies
that thrive on innovation. With Softrax you can fully automate and integrate the financial processes that
are critical to your competitive agility and time to market. And you can do so while improving the enforcement of accounting guidelines throughout the whole
revenue cycle. As a result, your financial processes can be just as responsive as your market strategy.
Softrax is more than a robust, scalable solution that handles your rising transaction volume. With Softrax, you get all the revenue management
capabilities you need to:
- Incorporate new business models
- Establish more sophisticated processes for reporting and forecasting business performance
- Support increased auditor scrutiny
- Establish enterprise customer care processes from sales to billing to support
- Comply with complex accounting guidelines and Sarbanes-Oxley requirements
In addition, you will have the high integrity revenue data necessary to successfully negotiate the capitalization events that may lay in your future.
Revenue can be a source of contention in valuation processes. Due diligence may uncover erroneous or aggressive accounting, particularly with respect to
deferred revenue, that undercuts management's expectations of what the business is worth.
Softrax delivers defensible numbers that are easily audited down to the line item level, even for deferred revenue. This gives management a clear picture
from the beginning and investors can see that they are not inheriting any surprises pertaining to revenue management. The result is a cleaner M&A or IPO
event that positions management as highly competent and trustworthy to investors.
- Reliable and defensible data on all types of revenue
- Establish a scalable financial IT infrastructure
- Comply with complex revenue guidelines and Sarbanes-Oxley reporting requirements
- Enhanced flexibility and visibility
- Facilitate capitalization events