The new accounting standards ASC606 and IFRS 15 have created an increase in the complexity of revenue recognition in a number of verticals for companies around the globe. For those already dealing with complex revenue recognition requirements, the need to adopt these standards represents a tremendous compelling event to evaluate existing systems and infrastructure.
New business paradigms, such as the advent and complexity of recurring revenue models, put additional strain on back-office processes and infrastructure.
SOFTRAX Revenue Manager represents a self-contained module that seamlessly integrates with existing systems to act as your revenue subledger. This is the right solution for companies looking to specifically address complex revenue recognition requirements not met by their existing ERP systems. Fill out the form to download product sheet.