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ease
features
design
support

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Description

Consolidate your revenue processes for any sales strategy or pricing approach in a single platform, all while maintaining your growth percentages confidential. Whether your model is based on seat count, usage, or manual adjustments, we provide top-tier revenue automation to meet your needs. Effortlessly design and test diverse pricing structures, whether they are usage-based, seat-based, credits-based, license-based, or a hybrid of these. Produce real-time, transparent invoices for both recurring and one-off payments, enabling you to accept transactions through various payment gateways. Implement intelligent dunning practices to maximize revenue recovery effectively. Quickly establish contracts with any pricing structure or payment timelines you require. Activate subscription management and feature access immediately after a contract is finalized. Gain a comprehensive understanding of your business through real-time metrics, empowering you to make informed, data-driven choices that will enhance your growth and profitability. Additionally, integrate seamlessly with various existing systems to further optimize your operational workflows. This comprehensive approach ensures you maintain control and visibility over every aspect of your revenue generation.

Description

The SOFTRAX Revenue Management System (RMS) is a powerful approach to revenue management. It is the world’s only system that combines best-in-class automation for one-time, milestone, subscription, consumption, and renewal billing and complex revenue recognition in a single solution to streamline the revenue management process. This single solution gives you the freedom to focus on more profitable analytical tasks. SOFTRAX delivers the only comprehensive solution that supports all forms of complex billing and revenue recognition in accordance with the new ASC 606 and IFRS 15 standards. This unique system drives a high level of automation to advance your back-office functionality toward continuous accounting. SOFTRAX RMS delivers the industry’s highest level of system-wide automation. This single solution seamlessly integrates with existing ERP, CRM, CPQ, or home-grown systems automating the flow of order and fulfillment data to trigger billing and revenue recognition. The system simultaneously accounts for exchange rate, tax, and payment data to ensure accurate and timely processing.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Avalara
Aria
Authorize.Net
Microsoft Dynamics 365
NetSuite
Planview Changepoint
SAP Business One
Salesforce
Sovos
Stripe
TaxJar
Thomson Reuters ONESOURCE

Integrations

Avalara
Aria
Authorize.Net
Microsoft Dynamics 365
NetSuite
Planview Changepoint
SAP Business One
Salesforce
Sovos
Stripe
TaxJar
Thomson Reuters ONESOURCE

Pricing Details

$250 per month
Free Trial
Free Version

Pricing Details

$420.00/month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Maple

Country

Canada

Website

maplebilling.com

Vendor Details

Company Name

SOFTRAX

Founded

1999

Country

United States

Website

www.softrax.com

Product Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Product Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

Alternatives

Alternatives