Average Ratings 0 Ratings
Average Ratings 4 Ratings
Description
The SOFTRAX Revenue Management System (RMS) is a powerful approach to revenue management. It is the world’s only system that combines best-in-class automation for one-time, milestone, subscription, consumption, and renewal billing and complex revenue recognition in a single solution to streamline the revenue management process. This single solution gives you the freedom to focus on more profitable analytical tasks.
SOFTRAX delivers the only comprehensive solution that supports all forms of complex billing and revenue recognition in accordance with the new ASC 606 and IFRS 15 standards. This unique system drives a high level of automation to advance your back-office functionality toward continuous accounting.
SOFTRAX RMS delivers the industry’s highest level of system-wide automation. This single solution seamlessly integrates with existing ERP, CRM, CPQ, or home-grown systems automating the flow of order and fulfillment data to trigger billing and revenue recognition. The system simultaneously accounts for exchange rate, tax, and payment data to ensure accurate and timely processing.
Description
Transaction Cloud is used by SaaS companies around the world for global Payments, Sales Tax / VAT / GST compliance (collection, filing), and Subscription Management, Recurring Billing, Invoicing and Fraud Detection. It simplifies a SaaS companies payment, tax compliance, accounting and risk management process while providing high conversion rate.
Transaction Cloud uses its unique Singularity-Integration architecture which combines One-Directional-API, and One-Data-Cloud. This saves valuable resources as there is no cumbersome setup which is typical of webhooks based integration. As a result, the time and resources required for integration are reduced by 50%. Additionally, the points of failure and maintenance cost over the long run are significantly reduced resulting in a reliable, resilient, and efficient system.
There is no setup fee and their pay as you go pricing is the most competitive in the industry. Their support for multiple currencies, major credit cards, wallets (Apple Pay, Google Pay, Pay Pal) and fast interface results in high conversion rates.
In conclusion, it is a solid, customer centric, transparent, reliable and secure platform made exclusively for selling SaaS and digital products businesses.
API Access
Has API
API Access
Has API
Integrations
Apple Pay
Aria
Avalara
Google Analytics
Google Pay
Microsoft Dynamics 365
NetSuite
PayPal
Planview ChangePoint
SAP Business One
Integrations
Apple Pay
Aria
Avalara
Google Analytics
Google Pay
Microsoft Dynamics 365
NetSuite
PayPal
Planview ChangePoint
SAP Business One
Pricing Details
$420.00/month
Free Trial
Free Version
Pricing Details
Free
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
Transaction Cloud
Founded
2020
Country
United States
Website
transaction.cloud
Product Features
Billing and Invoicing
Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator
Recurring Billing
Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Subscription Management
Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics
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