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Billing Manager

Usage and Consumption Billing Software

SOFTRAX usage and consumption billing software extends the features of SOFTRAX Subscription Billing to provide support for even the most complex consumption and usage billing models. 

The SOFTRAX Billing Manager allows companies to make the most of consumption and usage-based billing, keeping customers engaged. When combined with the SOFTRAX Revenue Manager, Billing Manager can handle the most complex revenue recognition with consumption billing.  

Total Control Over All Usage Based Billing Software Tasks in 1 Application

SOFTRAX Usage and Consumption Billing gives you:

Support for complex billing

The SOFTRAX Billing Manager can easily monitor usage levels, including minimums, overages, and tiers.

 

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

 

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The SOFTRAX Revenue Management System is a cloud-based SaaS solution that enables the best in consumption and usage based billing software. 

This robust solution is built to handle the unique operations of metered billing, resulting in a seamless process for billing and revenue recognition

The Right Solution for Consumption Billing Software

BUSINESS MODELS

Built for both simple and complex consumption-billing scenarios.

REVENUE RECOGNITION

Gives you the ability to recognize revenue in the same system that is processing consumption billing.

ASC 606 / IFRS 15 COMPLIANCE

Allows easy data capture and presentation for ASC 606 / IFRS 15 regulation compliance.

PRICING MODELS

Provides support for aggregate, cumulative, and band-tired pricing.

CHARGING OPTIONS

Has the flexibility for contract-to-date, current-to-date, and transaction accumulation.

AUTOMATION

Extends automated updates of data-driven pricing across the system.

What Our Clients Say About Our Consumption Billing Software Solution

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Epicor

Partnering with Softrax Since 2012
Epicor

Through an outstanding collaborative effort with the Softrax team, we improved our use of the SOFTRAX features and functionality that will help Epicor grow and scale its install base and recurring billing.

FABIAN DOHMES – VP, FINANCE OPERATIONS
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3M Health Information System
Partnering with Softrax Since 2012
3M

SOFTRAX offers the flexibility to handle the various forms of complex billing and revenue recognition we require. SOFTRAX helps us maintain our controls at a system level, keep close times short, and avoid a need to scale human resources as our business has grown.

JOHN MATHISON, VP OF OPERATIONS, 3M HEALTH INFORMATION SYSTEMS