ASC 606 Revenue Recognition Has Never Been Easier
SOFTRAX is the market-leading provider of revenue recognition software solutions. ASC 606 has put a strain on many companies’ back office processes, and in many cases the new revenue recognition requirements have proven complicated and labor-intensive.
SOFTRAX Revenue Manager is a powerful revenue recognition automation tool for enterprise-level companies across all industries. With Revenue Manager, financial executives have
There is no better ASC 606 automation software solution, deferred revenue software module, or complex revenue recognition software module available on the market today. Watch our product video above now and let the experts at Softrax help your company overcome the challenges of ASC 606 and IFRS 15.
Automate Complex Billing, Contract Management, and Revenue Accounting with One Solution.
The real key to implementing a sophisticated billing solution is how tightly integrated it is with the current terms of your customer agreements. Contracts are the source for all the terms that govern how you bill your customers, track expenses and how you recognize the revenue you’ve earned.
SOFTRAX was specifically designed to seamlessly integrate robust billing functionality with in-depth information about contracts and related records. This ensures your billing activity is always synchronized with the latest changes and amendments to a contract’s key elements. SOFTRAX automatically generates billing schedules and manages transactions over the life of a customer relationship. SOFTRAX also handles miscellaneous charges and contract changes that occur during a billing cycle with ease, and creates associated matching expenses, such as royalties, commissions, and unit costs to these items.
Revenue Recognition Manager