Average Ratings 0 Ratings
Average Ratings 0 Ratings
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.
Description
Soluqube serves as a specialized revenue-recognition tool designed for finance teams and auditing experts tasked with analyzing revenue derived from contracts. The application allows users to validate performance obligations and standalone selling prices, facilitating the calculation of relative SSP allocations while generating comprehensive schedules compliant with ASC 606 and Ind AS 115. In the case of INR contracts, Soluqube distinctly separates 18% GST from the revenue prior to the amortization process. Its review workspace effectively correlates obligations with relevant excerpts from contract clauses, and the export options include detailed schedules, supporting workpapers, and SHA-256 integrity hashes for security. The sophisticated calculation engine operates on integer arithmetic with cent rounding, strategically assigning any residual cents to the final schedule period to ensure that deferred revenue equals zero by the end of the term. Additionally, the platform supports single-contract audits and provides a hosted subscription model that seamlessly integrates with ERP systems for schedule exports, alongside customizable on-premise deployments. However, features such as live ERP connectors and accounting for contract modifications are currently unavailable, representing potential areas for future development.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Aria
Yes
Avalara
Yes
Microsoft Dynamics 365
Yes
NetSuite
Yes
SAP Business One
Yes
Salesforce
Yes
Sovos
Yes
Thomson Reuters ONESOURCE
Yes
Integrations
Aria
No
Avalara
No
Microsoft Dynamics 365
No
NetSuite
No
SAP Business One
No
Salesforce
No
Sovos
No
Thomson Reuters ONESOURCE
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
Pricing Details
$499 one-time
$0 for an audit-defense workpaper covering up to 3 contracts. A single-contract stack costs $499 one time. Hosted subscription is $999/month with a 20-run daily cap. A custom annual license is available for On-Premise deployment.
Free Trial
No
Free Version
Yes
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
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Vendor Details
Company Name
Soluqube
Founded
2026
Country
India
Website
soluqube.com
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