Data Sheet

Consumption Billing

Consumption Billing Simplified 

Consumption Billing is transforming the customer experience across a number of industries, and SOFTRAX allows you to realize the gains in a way that is seamless and that supports both simple and complex billing models. 

Automate Consumption Billing 

SOFTRAX Billing Manager provides the ability to automate and easily monitor all functions of consumption billing, including pricing tiers, usage patterns, and overages.  

Easy Contract Management

Contract details are the key to successful consumption and usage-based billing, and the SOFTRAX Billing Manager organizes those details, so you remain on schedule.

A Variety of Pricing Models

The SOFTRAX Billing Manager allows you to easily deploy cumulative and band-tiered pricing.

Consumption Billing with Revenue Recognition and Compliance 

View the industry’s only platform that joins revenue recognition and consumption billing capabilities and provides easy reporting for ASC 606 / IFRS 15. You have the full view and power of your billing and revenue data in one system.

Download the PDF to learn more about SOFTRAX Consumption Billing.

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