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Billing Manager

Contract Renewal Management Software

With SOFTRAX contract renewal management software, renewals happen in a timely manner and for the appropriate revenue amount, including any agreed-upon uptick in the renewal rate.

Total Control Over Contract Renewal Management Tasks in 1 Application

SOFTRAX Contract Renewal Management Software lets you track the status of every contract through the renewal process. This reduces revenue loss and leakage and allows quick access to the data needed for timely renewals.  You can instantly see historical and future views of deferred and recognized revenue streams and easily follow new dollars, churn, and total renewal base for better insight into renewal revenue.

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SOFTRAX contract renewal management is a component of the SOFTRAX Revenue Management System, a cloud-based SaaS solution that enables the best in contract renewal management software. This robust solution is designed to easily integrate into existing systems to solve challenges specific to billing and contract renewal management.

Comprehensive Contract Renewal Management Software

CUSTOMER CONTRACTS

Have upcoming renewals at your fingertips in seconds.

PRICING

Easily generate pricing at the product-, contract-term, or reset-date level.

CO-TERMINATION

Seamless co-termination, which enables the proration of subscriptions, setting a single renewal date.

CUSTOMIZATION

Design contract renewal by date, product, location, or customer.

AUTOMATION

Automate the key contract renewal processes, saving time and resources.

ROBUST REPORTING

Extensive reporting allows a detailed look into the lifecycle of every contract.

What Clients Say About Our Contract Renewal Management Software

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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