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Description
                    Oversee all aspects of new subscriptions, renewals, and upgrades by integrating your CRM with back-office systems, thus gaining a comprehensive understanding of customers' buying patterns. Powered by machine learning, Oracle Subscription Management stands out as the sole fully integrated, cloud-based subscription management platform tailored for both product and service-oriented businesses, streamlining the administration of contracts, invoicing, and revenue management. Transform your organization with subscription services using a flexible solution that accommodates intricate products and services, along with capabilities for quoting, deal management, and customer self-service, all while reducing the burden of complicated administrative tasks and manual operations. Simplify intricate workflows across various systems and interaction points, thereby enhancing efficiency. Accommodate numerous engagement avenues across diverse pricing, delivery, and billing frameworks. Equip your sales and service teams with the necessary tools to seamlessly adjust, oversee, and renew deployment options, ensuring that they have everything needed for optimal customer interaction and satisfaction. This holistic approach not only boosts operational efficiency but also enhances customer relationships and retention in the long run.
                
            
        
            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
            
            
        
        
    
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    Argent
            
            
        
        
    
        
        
            
                
    Aria
            
            
        
        
    
        
        
            
                
    Avalara
            
            
        
        
    
        
        
            
                
    Cisco AnyConnect
            
            
        
        
    
        
        
            
                
    Cognizant
            
            
        
        
    
        
        
            
                
    Decimal
            
            
        
        
    
        
        
            
                
    EVOSYS TELEMATICS
            
            
        
        
    
        
        
            
                
    Kinetica
            
            
        
        
    
        
        
            
                
    Microsoft Dynamics 365
            
            
        
        
    
        
        
            
                
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            Pricing Details
        $240 per user per month
        
    
    
    
        
        
            
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            Pricing Details
        $420.00/month
        
    
    
    
        
        
            
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                Vendor Details
Company Name
Oracle
Founded
1977
Country
United States
Website
www.oracle.com/cx/sales/subscription-management/
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Product Features
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