Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Utilize the straightforward connect and bulk data upload method to establish and verify your revenue and cost schedules. Download and manage new invoices with ease and create adaptable recognition timelines for each entry by merging recognition cadence criteria with computation techniques for each period. Instantly access current revenue and costs reflected in your income statement by synchronizing aggregated monthly recognition schedules with a single click. Review recognition schedules effortlessly and explore the contributing components in detail. Navigate adjustments like cancellations while maintaining complete traceability. Flowrev serves as comprehensive software for cost and revenue recognition, as well as lifecycle management, compatible with widely used online accounting platforms. In addition to the remarkable benefits these platforms provide, Flowrev enhances their functionality by allowing businesses to recognize prepaid expenses and deferred revenue either on the service date or across a specified duration, even when payments or invoices occur in advance or on different dates. This added capability ensures that businesses can maintain accurate financial reporting and compliance.
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
Integrations
Aria
No
Avalara
No
Microsoft Dynamics 365
No
NetSuite
No
SAP Business One
No
Salesforce
No
Sovos
No
Thomson Reuters ONESOURCE
No
Integrations
Aria
Yes
Avalara
Yes
Microsoft Dynamics 365
Yes
NetSuite
Yes
SAP Business One
Yes
Salesforce
Yes
Sovos
Yes
Thomson Reuters ONESOURCE
Yes
Pricing Details
$40.00/month/user
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
No
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
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Flowrev
Founded
2015
Country
United States
Website
www.flowrev.com
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Product Features
Recurring Billing
Customer Portal
No
Deferred Billing
No
Discount Management
No
Dunning Management
No
Invoice History
No
Multi-Currency
No
Multi-Period Recurring Billing
No
Payment Processing
No
Recurring Donations
No
Subscription Billing
No
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