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Billing Manager

SOFTRAX Milestone Billing

With SOFTRAX, the components of milestone billing — scheduling, inputs, and budgets — are seamlessly deployed and managed to keep you on schedule and within budget. SOFTRAX offers a one-system platform that automates key functions, complies with regulations, and recognizes revenue from the milestone billing data.  

Total Control Over All Milestone Billing Structures in 1 Application

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The SOFTRAX Revenue Management System is a cloud-based SaaS solution enables the best of Milestone Billing. With SOFTRAX, you get the best Milestone Billing capabilities, including: 

  • Automated billing, including renewals
  • Improved revenue allocation and recognition compliance beyond simple scheduling
  • Increased efficiency of critical accounting procedures
  • Enhanced reporting, compliance, and risk management

The Right Solution for Milestone Billing

REVENUE MANAGEMENT

Allows revenue allocation and compliance that goes beyond simple scheduling.

INVOICING

Schedule, generate, and deliver invoices based on dates, contractual commitments, or business requirements.

ASC 606 / IFRS 15

Handle reporting and revenue recognition requirements for ASC 606 / IFRS 15.

BUDGET MANAGEMENT

Stay on budget for even the most complex project.

AUTOMATION

Make frequent tasks, such as renewals, easy to process and handle.

ANALYTICS

Use the analytics capabilities to get a true look at business data.

Our Clients Have Spoken

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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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Park Place Technologies
Partnering with Softrax Since 2012
Park Place Technologies

SOFTRAX is a win-win for us. We saw significant efficiency improvements within two weeks of go-live. We have dramatically increased our transaction volume through organic and M&A related growth without a need for increased headcount.

COREY TURNER, REVENUE MANAGER, PARK PLACE TECHNOLOGIES
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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
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Anschutz Entertainment Group (AEG)
Partnering with Softrax Since 2017
AEG

SOFTRAX helped us capture an opportunity to operationalize the new revenue recognition guidance with automation that advanced our existing process.

SUE CHAPLIN HERB, SVP OF FINANCE AND FINANCIAL REPORTING