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
Vayu is an innovative revenue management and billing solution powered by AI, aimed at streamlining the entire contract-to-cash process for contemporary digital enterprises. By integrating operational data such as product usage, API interactions, and service activities with contract stipulations and pricing strategies, it transforms these activities into precise billable items and invoices in real-time. Its no-code design empowers finance and revenue teams to set up intricate pricing frameworks—be it subscription, usage-based, hybrid, or outcome-oriented—without needing any engineering support. Vayu efficiently gathers usage data from various sources, including data warehouses, APIs, and operational systems, and utilizes a metering engine to standardize these events while applying established billing rules. Additionally, the platform features automated contract intelligence that extracts key commercial elements, pricing tiers, and billing timelines from contracts and CRM data, ensuring that invoices consistently align with signed agreements. This comprehensive approach not only enhances accuracy but also significantly optimizes the revenue collection process for businesses.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
NetSuite
Yes
Salesforce
Yes
Amazon Web Services (AWS)
No
Aria
Yes
Avalara
Yes
HubSpot CRM
No
Microsoft Dynamics 365
Yes
Microsoft Excel
No
QuickBooks Online
No
SAP Business One
Yes
Integrations
NetSuite
Yes
Salesforce
Yes
Amazon Web Services (AWS)
Yes
Aria
No
Avalara
No
HubSpot CRM
Yes
Microsoft Dynamics 365
No
Microsoft Excel
Yes
QuickBooks Online
Yes
SAP Business One
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
No price information available.
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
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
Yes
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
Vayu
Country
United States
Website
www.withvayu.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
Product Features
Revenue Management
Competitor Analysis
No
Dynamic Pricing
No
For Airlines
No
For Hospitality Industry
No
Forecasting
No
Inventory Control
No
Price Optimization
No
Recommendation Engine
No
Yield Management
No
Subscription Management
Cancellation Management
No
Discount / Coupon Management
No
Dunning Management
No
Enrollment Management
No
Product Catalog
No
Recurring Billing
No
Revenue Recognition
No
Revenue Recovery Tools
No
Self Service Portal
No
Subscription Plan Management
No
Tax Management
No
Trial Management
No
Usage Tracking/Analytics
No