Webinar Replay: Recorded 7.28.22
FINANCIAL TRANSFORMATION-SOLVING COMPLEX REVENUE MANAGEMENT IN A SINGLE SOLUTION
Challenges in contemporary accounting are requiring multiple systems, wasting important time and resources. The following areas have proven problematic to accounting teams of all sizes:
- Migration to subscription and consumption-based billing, in which customers are demanding changes that differ from traditional legacy models
- New revenue recognition guidance, which is meant to simplify but instead adds layers of complexity
- The growth of the Internet of Things (IoT), which is resulting in dramatic increases in billing and revenue recognition complexity
- Migration of back-office infrastructure to multi-tenant cloud
The ideal fix would achieve and maintain a high level of automation, operate with zero customization and spreadsheets, and have a forward-looking agility that does not require customization.
SOFTRAX is proud to offer this solution with its Revenue Management System, which has the world’s most sophisticated billing and revenue recognition automation – all in a single multi-tenant cloud application.
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