REVENUE MANAGEMENT SYSTEM

A Single System to Manage
All Forms of Billing, Contract Renewal, and Revenue Recognition

The SOFTRAX Revenue Management System is a powerful approach to revenue management. It is the world’s only system that combines best-in-class automation for one-time, milestone, subscription, consumption, and renewal billing and complex revenue recognition in a single solution to streamline the revenue management process. 

With this revolutionary platform, you are now free to focus on strategic analytical tasks while the day-to-day tactical functions and compliance with standards such as ASC 606 / IFRS 15 are executed efficiently and accurately.

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A Single Revenue Management System with Powerful Functionality

Schedule a 15-Minute Discovery Session
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SOFTRAX Revenue Management System gives you a specific revenue management layer between CRM/CPQ and ERP. It is the only single solution for multi-form billing, contract renewal management, and revenue recognition.

The Right Solution for Evolving Revenue Management

CLOUD-BASED SAAS SOLUTION

Delivered as a multi-tenant cloud SaaS solution to provide customers with continuing seamless upgrades, easy scalability, and predictable costs.

MULTIPLE WAYS TO BILL

Effectively deploys all types of billing, including one-time, milestone, consumption, subscription, and renewal models.

UTILIZE YOUR CORE SYSTEMS

Configurable and integrates with most 3rd-party solutions (CRM, CPQ and PSA) and ERP/Accounting platforms.

ENSURE COMPLIANCE

Systematizes and enforces compliance of complex revenue recognition accounting guidance.

UNMATCHED VISIBILITY

Quickly visualize your revenue data with a robust dashboard of reports.

AUTOMIZED ACCOUNTING

Automatically calculate complex accounting, including allocations, scheduling recognition of revenue, carve-outs, triggers, and more.

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Our Clients Have Spoken About Our 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
Epicor Case Study
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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
Park Place Technologies Case Study
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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
3M HIS Case Study
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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
AEG Case Study