Month: January 2014

New Revenue Guidance is Coming. Is Your ERP System Ready?

In an effort to streamline and update the revenue recognition process for businesses, the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are in the
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Specialized Revenue Management Leader SOFTRAX Surpasses 500th Customer Deployment

Canton, Mass. – January 22nd, 2014– SOFTRAX, revenue management specialists for the enterprise, announced today they have surpassed 500 successful customer deployments. Since its incorporation in 1999, SOFTRAX has helped hundreds
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Tooling Up Your ERP for the Recurring Revenue Economy

Subscriptions aren’t just for magazines anymore. In fact, for many businesses—both new and old—subscription-based contracts have become the norm. If you need proof of that, look no further than the
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ERP Augmentation: What It Is and Why You Should Care

There’s something to be said for not messing around with something that works. When corporate technology expert Andy Ziegele told Profit Magazine in 2009 that companies should stick to “vanilla”
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ASC 606 Revenue Recognition Checklist

Do you know the five steps of ASC 606 and the impact of them on your revenue? The SOFTRAX ASC 606 Checklist can help.