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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

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

If your organization is facing challenges with revenue recognition, you’ve come to the right destination! From dealing with unreliable spreadsheets and tedious audits to addressing revenue leakage and compliance hurdles, Tensoft Revenue Lens® is here to assist you! When OrthoFi, a technology-driven service for orthodontic practices, sought a reliable solution for their intricate revenue recognition demands, they chose Tensoft Revenue Lens as their partner. Check out the case-study video above to discover how Tensoft Revenue Lens effectively supported their evolving requirements and transformed their challenging audits into seamless experiences. Gain insight into how Tensoft Revenue Lens implements the new 'five-step model' in accordance with the ASC 606 and IFRS 15 revenue recognition standards, ensuring compliance and efficiency in the process. Additionally, this solution allows businesses to focus more on their core operations while enhancing financial accuracy.

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

$420.00/month
Free Trial
Free Version

Pricing Details

No price information available.
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

SOFTRAX

Founded

1999

Country

United States

Website

www.softrax.com

Vendor Details

Company Name

Tensoft

Founded

1996

Country

United States

Website

www.tensoft.com

Product Features

Revenue Management

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

Product Features

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management

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