Revenue Forecasting

Softrax Revenue Forecasting enables you to quickly model and accurately forecast future revenue. Visualize future revenue trends based on current contracts and model how key factors will affect top line performance. Easily incorporate 'what-if' scenarios for key revenue assumptions such as contract and maintenance renewal rates into strategic planning. Gain a better understanding of how decisions made today will impact future performance.

• Create “what-if” scenarios to establish projected subscription and renewal revenue using Softrax business logic
• Manipulate parameters such as price, renewal rate, renewal dates, customer groups, etc
• Combine scenarios to create complex forecasts

Softrax Revenue Forecasting leverages the power of core Softrax application business logic and generates your forecast based on actual contract and maintenance information. As a result, you can expose the strengths and weaknesses of your future revenue with powerful visual analysis capabilities:

• Perform renewal forecasting "your way" by establishing groups and applying renewal assumptions (e.g. price, renewal rate, etc.) to each group
• Rapidly create comprehensive renewal forecasts by combining multiple what-if scenarios and saving these scenarios for future use
• Analyze the impact of specific revenue attributes by leveraging the same views, filtering, drill-down, and analysis capabilities provided in Softrax Revenue Analytics

Delivering this level of insight requires an intuitive way to visualize massive amounts of transactional data. Softrax BI puts powerful querying and analysis functionality into a graphical interface so executives and financial professionals can easily drag and drop the data they want to see.

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 Trend revenue forecasts with unparalleled accuracy and speed Reduce custom reports requests and the complex analytical and forecasting spreadsheets needed to support them

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