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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

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 

Screenshots View All

Screenshots View All

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 

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