Softrax

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Month: July 2018

SOFTRAX announces the Next Level of ASC 606 and IFRS 15 Automation with Revenue Manager 5.1

BOSTON – July 24, 2018 – SOFTRAX, a division of AFS Technologies, and the leader in revenue recognition automation solutions, today announced the upcoming release of Version 5.1 of its Revenue Manager solution. Revenue
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Will You Have Lost or Vaporized Revenue?

Who cares what you call it?  Either way, it’s gone!
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Part Five Excel is not a Reporting Tool

5 Reasons Why You Should Stop Using Excel in Revenue Recognition Part Five: Excel is not an Agile Business Tool

Beginning in January, we posted a blog outlining five important reasons why Excel spreadsheets were not to be trusted for implementation of the ASC 606 guidelines. Since then, we have extended that blog post
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