There are many reasons for upgrading your general ledger system. But a traditional technology upgrade may fail to address underlying process issues.
For example, simply buying a new general ledger will not solve broader business problems such as:
- Managing deferred revenue
- Automating contract renewal processes
- Supporting complex billing for multiple business models
- Establishing integrated financial processes across the enterprise
When business starts to get more complicated, you need a system that
can take control of key financial processes the moment a contract is signed.
This includes the billing and revenue management activities that transpire within the walls of the accounting department, as well as how order entry, contract
administration, support commitments, maintenance renewals, and price changes are managed.
Softrax provides a scalable financial infrastructure that delivers greater control, accuracy, and flexibility than ordinary accounting packages. With Softrax,
you get a single solution that is easy to use, automates key financial workflows, and adapts quickly to any changes in your business model. Furthermore, the
finance department will finally have direct control over all the financial data in your enterprise. As a result, you will have greater insight into the present and future
health of your business and be able to support far higher sales volumes with current staffing levels.
- Increased productivity by automating key accounting tasks
- Scalable financial infrastructure
- Single source for reconciled financial data
- Reduce risks by eliminating spreadsheets for key accounting tasks
- Optimize cash flow from your installed base with maintenance renewal alerts
- Improve customer satisfaction by issuing renewal quotes well in advance of actual invoices