Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
The deal management component captures the terms of agreements, establishes approval workflows, manages financial transactions, accommodates contract modifications, and maintains a historical record with an audit trail. Meanwhile, the rights management aspect facilitates the searching and creation of deals, organizes IP rights hierarchies, oversees advances and guarantees, tracks payment schedules, sets royalty rates, and performs collision checks along with rights clearance and holes analysis. The royalty management section is responsible for processing sales and usage data, calculating and verifying royalties both in and out, allowing for deductions or recoupments, addressing violations, providing analytical insights, and producing royalty statements. Additionally, the finance management module encompasses revenue recognition and accruals, expense oversight, a comprehensive accounting engine, an accounting sub-ledger, and seamless bi-directional integration with financial systems through ERP. This interconnected system enhances efficiency and accuracy across all financial and contractual dealings within the organization.
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
NetSuite
Yes
Aria
No
Avalara
No
JD Edwards EnterpriseOne
Yes
Microsoft Dynamics 365
No
SAP Business One
No
SAP Store
Yes
Salesforce
No
Sovos
No
Thomson Reuters ONESOURCE
No
Integrations
NetSuite
Yes
Aria
Yes
Avalara
Yes
JD Edwards EnterpriseOne
No
Microsoft Dynamics 365
Yes
SAP Business One
Yes
SAP Store
No
Salesforce
Yes
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
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
No
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)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
FADEL
Founded
2003
Country
United States
Website
fadel.com/ipm-suite/
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Product Features
License Management
Automatic SKU Recognition
No
Central LM Server
No
Copy Protection
No
History Tracking
No
Node Management
No
Online Activation
No
Portable License
No
Sarbanes-Oxley Compliance
No
Timing Rights
No
Trial License
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