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Average Ratings 0 Ratings
Description
The deal management component captures the terms of agreements, establishes approval workflows, manages financial transactions, accommodates contract modifications, and maintains a historical record with an audit trail. Meanwhile, the rights management aspect facilitates the searching and creation of deals, organizes IP rights hierarchies, oversees advances and guarantees, tracks payment schedules, sets royalty rates, and performs collision checks along with rights clearance and holes analysis. The royalty management section is responsible for processing sales and usage data, calculating and verifying royalties both in and out, allowing for deductions or recoupments, addressing violations, providing analytical insights, and producing royalty statements. Additionally, the finance management module encompasses revenue recognition and accruals, expense oversight, a comprehensive accounting engine, an accounting sub-ledger, and seamless bi-directional integration with financial systems through ERP. This interconnected system enhances efficiency and accuracy across all financial and contractual dealings within the organization.
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
Integrations
NetSuite
Aria
Avalara
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Planview ChangePoint
SAP Business One
SAP Store
Salesforce
Sovos
Integrations
NetSuite
Aria
Avalara
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Planview ChangePoint
SAP Business One
SAP Store
Salesforce
Sovos
Pricing Details
No price information available.
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
FADEL
Founded
2003
Country
United States
Website
fadel.com/ipm-suite/
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Product Features
License Management
Automatic SKU Recognition
Central LM Server
Copy Protection
History Tracking
Node Management
Online Activation
Portable License
Sarbanes-Oxley Compliance
Timing Rights
Trial License
Product Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management