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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Utilize the straightforward connect and bulk data upload method to establish and verify your revenue and cost schedules. Download and manage new invoices with ease and create adaptable recognition timelines for each entry by merging recognition cadence criteria with computation techniques for each period. Instantly access current revenue and costs reflected in your income statement by synchronizing aggregated monthly recognition schedules with a single click. Review recognition schedules effortlessly and explore the contributing components in detail. Navigate adjustments like cancellations while maintaining complete traceability. Flowrev serves as comprehensive software for cost and revenue recognition, as well as lifecycle management, compatible with widely used online accounting platforms. In addition to the remarkable benefits these platforms provide, Flowrev enhances their functionality by allowing businesses to recognize prepaid expenses and deferred revenue either on the service date or across a specified duration, even when payments or invoices occur in advance or on different dates. This added capability ensures that businesses can maintain accurate financial reporting and compliance.

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

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Aria
Avalara
Microsoft Dynamics 365
NetSuite
Planview ChangePoint
SAP Business One
Salesforce
Sovos
Thomson Reuters ONESOURCE

Integrations

Aria
Avalara
Microsoft Dynamics 365
NetSuite
Planview ChangePoint
SAP Business One
Salesforce
Sovos
Thomson Reuters ONESOURCE

Pricing Details

$40.00/month/user
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

Flowrev

Founded

2015

Country

United States

Website

www.flowrev.com

Vendor Details

Company Name

SOFTRAX

Founded

1999

Country

United States

Website

www.softrax.com

Product Features

Recurring Billing

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

Product Features

Revenue Management

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

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