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Average Ratings 0 Ratings

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ease
features
design
support

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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

A cloud-based automated application is designed to streamline intricate billing processes for towers located at various sites. This ready-to-use platform efficiently manages diverse aspects of tower billing while enhancing overall business operations. Featuring a unified core platform complemented by industry-specific accelerators, it offers a truly integrated and quick-to-deploy solution. With an API-first design, the application ensures data security through HTTPS, two-factor authentication, data isolation, and compliance with GDPR and PCI/DSS standards, providing comprehensive protection against unauthorized access or data breaches. The infrastructure is built for self-service, enabling flexible monetization and management of subscription-based businesses. Additionally, our scalable, multi-tenant platform accommodates subscription models across various major industry sectors, making it a versatile choice for businesses looking to thrive in a competitive environment. The combination of these features guarantees not only efficiency but also peace of mind for users managing their financial processes.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

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

Integrations

Avalara
Aria
Microsoft Azure
Microsoft Dynamics 365
NetSuite
PayPal
Planview ChangePoint
Razorpay
SAP Business One
Salesforce
Sovos
Stripe
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

Truebyl

Country

United Kingdom

Website

www.truebyl.com

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

Revenue Management

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

Alternatives

Alternatives