When Accellos was launched by the merger of two acquisitions, the finance team had only weeks to deliver a financial infrastructure. They needed to manage all aspects of their complex revenue process in a single system, including the deferred revenue requirements of a software and services company. SOFTRAX automated the entire revenue cycle and provided an infrastructure that will easily integrate future acquisitions.
Accellos wanted a financial system that would not only handle standard accounting functions well, but also integrate and automate the accounting operations that can be especially challenging for software companies.
The SOFTRAX solution provides a central repository for all customer information and automates billing, renewals, revenue management and all GL functions. It also includes fully-integrated professional services automation with engagement and expense tracking.
Download the full Accellos Case Study to better understand the challenges facing Accellos and how SOFTRAX helped provide solutions that brought efficiency and automation to their organization.