Overview: Softrax provides optimal revenue recognition at lower cost. With Softrax, mission critical revenue processes are automated and integrated across the whole financial infrastructure, supporting compliance with SEC, FASB and Sarbanes-Oxley regulations. Softrax solutions address the entire revenue cycle from contract management and order entry, to billing, renewals, revenue recognition, reporting and forecasting.

Softrax Revenue Management solutions improve the accuracy, availability, and usability of key financial data by establishing an integrated process for revenue management. Strategic and operational benefits are delivered to key personnel:

Executives can see real-time revenue reports and better forecast future revenue streams. As a result, they can make more informed decisions concerning capital requirements, M&A, and resource allocation.
Financial Professionals can instantly perform previously labor-intensive tasks such as renewals, billing, and deferred revenue. They can also manage multi-company, multi-currency accounting accurately and with complete confidence.
Sales, Marketing, Support and Professional Services can all have access to appropriate account, product, and project data on their desktops wherever they go.
As a result of eliminating revenue leaks, increasing cash flow, lowering G&A costs, and reducing financial reporting liabilities, Softrax delivers a full ROI, frequently in a matter of months.

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