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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Transform your data from obscurity to actionable insights through dynamic reports that encompass all your revenue sources. With a powerful system designed to handle intricate pricing and billing frameworks, the Subscription Billing Suite is an excellent tool for enhancing your business decision-making process. You will have total oversight of your billing per item and contract, while automated billing and evergreen renewals help safeguard against revenue loss. Uncover new revenue opportunities with adaptable pricing models tailored to meet your specific business requirements. Simplify your revenue recognition workflow by implementing intelligent deferral schedules, reducing your organization's dependence on labor-intensive and error-prone manual methods. Remove the intricacies from revenue recognition and elevate your accounting team's efficiency with thorough and precise management of deferrals, ensuring that your financial processes are both streamlined and reliable. Ultimately, embracing this comprehensive solution will empower your business to thrive in a competitive landscape.

Description

The SOFTRAX Revenue Management System (RMS) automates the full lifecycle of revenue recognition and revenue management, enabling companies to spend less time managing compliance and more time driving growth. Purpose-built for complex, high-volume environments, SOFTRAX RMS centralizes contract data, applies configurable revenue rules, and ensures accurate, audit-ready revenue outcomes across subscription, usage-based, and hybrid models. With SOFTRAX RMS, organizations gain the automation, control, and financial clarity needed to adapt to evolving pricing strategies while maintaining precision and confidence in their revenue.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Aria No 
Avalara No 
DocLink Yes 
Microsoft Dynamics 365 No 
Microsoft Dynamics 365 Business Central Yes 
Microsoft Dynamics 365 Finance Yes 
Microsoft Dynamics GP Yes 
NetSuite No 
SAP Business One No 
Salesforce No 
Solver Yes 
Sovos No 
Thomson Reuters ONESOURCE No 

Integrations

Aria Yes 
Avalara Yes 
DocLink No 
Microsoft Dynamics 365 Yes 
Microsoft Dynamics 365 Business Central No 
Microsoft Dynamics 365 Finance No 
Microsoft Dynamics GP No 
NetSuite Yes 
SAP Business One Yes 
Salesforce Yes 
Solver No 
Sovos Yes 
Thomson Reuters ONESOURCE Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$420.00/month
Pricing starts at $420.00 per month based on usage. Contact SOFTRAX for detailed pricing information.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Binary Stream Software

Founded

1999

Country

Canada

Website

www.binarystream.com

Vendor Details

Company Name

SOFTRAX

Founded

1999

Country

United States

Website

www.softrax.com

Product Features

Recurring Billing

Customer Portal Yes 
Deferred Billing Yes 
Discount Management Yes 
Dunning Management No 
Invoice History Yes 
Multi-Currency Yes 
Multi-Period Recurring Billing Yes 
Payment Processing Yes 
Recurring Donations No 
Subscription Billing Yes 

Product Features

Revenue Management

Competitor Analysis No 
Dynamic Pricing Yes 
For Airlines No 
For Hospitality Industry No 
Forecasting Yes 
Inventory Control No 
Price Optimization Yes 
Recommendation Engine No 
Yield Management No 

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