SOFTRAX SOLUTIONS


REVENUE RECOGNITION FOR ERP


BILLING AND REVENUE MANAGEMENT

Revenue Reporting and Forecasting

Softrax deferred revenue management software solution

Gain Unprecedented End-to-End Visibility into Revenue Processes

Unprecedented End-To-End Visibility into Revenue Processes
With Softrax Revenue Manager you can view the entire revenue process as a whole—from contract/order all the way to the final revenue reporting. Detailed analysis can be conducted on multiple levels, such as business unit, product line, market segment, contract type, account, and more. All data is presented according to the appropriate revenue recognition treatments of your revenue policy.

Revenue Recognition Forecasting and Decision Support
Softrax Revenue Manager gives you the power of intelligent revenue

STRATEGIC PLANNING, FORECASTING AND DECISION SUPPORT

  • True visibility with real time, compliant revenue recognition analysis and forecasting
  • Decision support for revenue recognition benchmarks and best practices
  • Early warning to identify critical events that can disrupt the revenue forecast
performance analysis for future periods based on your revenue recognition policies. It enables rapid and accurate revenue forecasting—including: deferred revenue, unbilled revenue backlog, and revenue analysis of the sales pipeline—which will help you better understand and optimize revenue performance.

You can see how all business, both ongoing and proposed, can impact future revenue growth, giving you the ability to understand how critical decisions about customer contracts, discounts, pricing, bundling, or product introductions will affect future reported revenue. You can also identify and monitor expected recognition of revenue that may be at risk because of other related actions and events.

Solution highlights

  • Comprehensive revenue recognition compliant reporting and analysis of revenue history
  • Detailed analysis of revenue recognition life-cycle
  • Detailed revenue recognition analysis for audit
  • Revenue recognition compliant revenue analytics by business metrics such as business unit, territory, product group
  • Revenue recognition compliant revenue forecasting including deferred revenue by period and pipeline forecasting
  • Ability to track revenue prior to invoicing
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 a Softrax Representative to learn more about Revenue Recognition for ERP.

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