Softrax

Resources

iPhrase
Case Study

iPhrase: Eliminating Spreadsheets and Achieving Exponential Growth

Planning for growth meant moving from the financial tools that got them started
to a scalable infrastructure that would eliminate spreadsheets for deferred revenue,
maintenance renewals, and provide better business insights. After looking at
leading accounting software packages, iPhrase selected SOFTRAX because it
automates critical revenue management processes in addition to the entire
accounting function.

iPhrase was expecting to grow. When it was first looking for a solution, there were
only a few customers, but the pipeline was filling rapidly and with major accounts,
so there was an immediate need to implement robust financial management
processes and infrastructure.

With numerous types of licenses and a variety of additional modules, each customer relationship was unique and had different pricing, maintenance expiration dates, and support requirements. Therefore, iPhrase was looking for more than a plain vanilla accounting solution. Not only did the company need a scalable platform, but one that would alleviate the pain of using spreadsheets for deferred revenue, maintenance renewals, and installation tracking.

“We grew from a few to more than 100 customers in two years. So we really did need a platform to scale with the business and SOFTRAX turned out to be a smart investment.”
iPhrase
Steve Wietrecki
CFO

Download the full iPhrase Case Study to better understand the challenges facing their company and how SOFTRAX helped provide solutions that brought efficiency and automation to their organization.

Read the Full Case Study

Sign-Up For Our Free Webinar

Manage and Automate Your Most Complex Billing and Revenue Recognition Processes

00
Days
:
00
Hours
:
00
Minutes
WATCH THE WEBINAR NOW