REVENUE MANAGER

Advanced Revenue Recognition In Compliance with ASC 606 / IFRS 15

Few companies are prepared for the sweeping changes brought on by the new ASC 606 / IFRS 15 guidance. SOFTRAX Revenue Manager is a multi-tenant cloud solution that increases back-office automation to streamline every aspect of revenue recognition. Now you can efficiently and effectively manage complex regulations and gain unprecedented visibility to business performance.

Streamlined Revenue Management

  • Automate, Comply, and Simplify ASC 606 / IFRS 15

  • Increase Back-Office Automation to Streamline Revenue Recognition

  • Eliminate Spreadsheets and Workarounds

Download the PDF now to learn more

The Benefits of the Right Revenue Recognition Solution

Edit Content

SOFTRAX Revenue Manager is an automated, cloud-based solution that eliminates spreadsheets and workarounds, reduces human errors, and increases the agility of your back office.

Revenue Icon
Edit Content

SOFTRAX Revenue Manager automates your most complex revenue management processes so your finance team can focus their skills on strategic analytical tasks confident that day-to-day tactical functions are being executed efficiently, accurately, and compliantly.

revenue-icon-2
Edit Content

SOFTRAX Revenue Manager easily integrates with your existing ERP, CRM, and QPC systems so you can implement the most robust management platform without the need for large platform customizations or replacements.

revenue-icon-3
Edit Content

SOFTRAX Revenue Manager introduces enterprise-level automated functionality to streamline the revenue recognition process, automate the complex requirements of ASC 606, and advance your path toward continuous accounting.

revenue-icon-4

SOFTRAX Revenue Manager is an automated, cloud-based solution that eliminates spreadsheets and workarounds, reduces human errors, and increases the agility of your back office.

SOFTRAX Revenue Manager automates your most complex revenue management processes so your finance team can focus their skills on strategic analytical tasks confident that day-to-day tactical functions are being executed efficiently, accurately, and compliantly.

SOFTRAX Revenue Manager easily integrates with your existing ERP, CRM, and CPQ systems so you can implement the most robust management platform without the need for large platform customizations or replacement.

SOFTRAX Revenue Manager introduces enterprise-level automated functionality to streamline the revenue recognition process, automate the complex requirements of ASC 606, and advance your path toward continuous accounting.

logo-light-3m
logo-light-aeg
logo-light-infor
logo-light-mindbody
logo-light-ibm
logo-light-epicor
logo-light-tyler

SOFTRAX Revenue Manager is a cloud-based SaaS solution that can be deployed as part of the SOFTRAX Revenue Management System or as a stand-alone revenue recognition subledger.

SOFTRAX has more than 20 years of experience in providing billing and revenue recognition solutions enabling us to offer the industry’s most comprehensive features. Our legacy gives us an in-depth understanding of customer needs, pain points, and areas of growth across a number of industries. The SOFTRAX RMS is the only multi-tenant cloud platform supporting sophisticated billing and revenue recognition in a single application.

The Right Solution for Evolving Revenue Recognition

ACHIEVE COMPLIANCE

Systematize compliance with proactive enforcement of complex revenue recognition accounting guidance.

FACTOR THE ACCOUNTING

Automatically calculate complex accounting, including allocation, scheduling recognition of revenue, carve-outs, triggers, and more.

MULTIPLE POLICY SUPPORT

Automatically enforce two or more revenue policies, including ASC-605, IAS-08, ASC-606/IFRS 15, non-GAAP, management, reporting, and what-if books.

INTEGRATION WITH YOUR ERP

Seamlessly integrate with over 200 ERP and financial systems to provide a complete revenue management solution that addresses all aspects of revenue in one place.

STRONG SECURITY AND CONTROLS

Granular settings to control who can view and edit transactional data and recognition policies at every level of the application.

ENSURE COMPLIANCE

Automate all aspects of ASC 606, including complex contract modifications and combinations, revaluation of variable consideration, materials rights, significant finance component, and more.

What Clients Say About Our Revenue Manager Solution

success-slider-1

Epicor

Partnering with Softrax Since 2012
Epicor

Through an outstanding collaborative effort with the Softrax team, we improved our use of the SOFTRAX features and functionality that will help Epicor grow and scale its install base and recurring billing.

FABIAN DOHMES – VP, FINANCE OPERATIONS
success-slider-2
Park Place Technologies
Partnering with Softrax Since 2012
Park Place Technologies

SOFTRAX is a win-win for us. We saw significant efficiency improvements within two weeks of go-live. We have dramatically increased our transaction volume through organic and M&A related growth without a need for increased headcount.

COREY TURNER, REVENUE MANAGER, PARK PLACE TECHNOLOGIES
success-slider-3
3M Health Information System
Partnering with Softrax Since 2012
3M

SOFTRAX offers the flexibility to handle the various forms of complex billing and revenue recognition we require. SOFTRAX helps us maintain our controls at a system level, keep close times short, and avoid a need to scale human resources as our business has grown.

JOHN MATHISON, VP OF OPERATIONS, 3M HEALTH INFORMATION SYSTEMS
success-slider-4
Anschutz Entertainment Group (AEG)
Partnering with Softrax Since 2017
AEG

SOFTRAX helped us capture an opportunity to operationalize the new revenue recognition guidance with automation that advanced our existing process.

SUE CHAPLIN HERB, SVP OF FINANCE AND FINANCIAL REPORTING

NEW GUIDE AVAILABLE

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.