SOFTRAX
4.3
Description
Softrax is a comprehensive Revenue Management System designed for enterprise-level organizations. It automates complex billing and revenue recognition processes, ensuring compliance with ASC 606 and IFRS 15 standards. Serving diverse industrie...
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Use Cases
Key Features
- Accrual Accounting
- Activity Tracking
- Accounting
- Access Controls/Permissions
- Activity Dashboard
- Accounting Integration
Made For
Industries
- Technology
- Software
- Healthcare
- Financial Services
- Manufacturing
Customer Segments
- Small Businesses
- Mid-size Businesses
- Large Enterprises
Supported Platforms
- Web
Pros
- Automated compliance with ASC 606 and IFRS 15
- Comprehensive revenue visibility and reporting
- Improved efficiency in revenue recognition processes
- Ability to analyze proposed business deals for revenue impact
Cons
- Potential complexity for smaller organizations with simpler revenue models
- Implementation may require significant configuration and training
LinkedIn
1001-5000 employees
@BlackLine
25K followers
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Current average rating is based on research conducted at Exafol