Home > Softwares > Accounting and Finance Software > Accounting Software > SOFTRAX Revenue Manager

SOFTRAX Revenue Manager

Name: SOFTRAX Revenue Manager
Rating: 4.5 (2 reviews)

By SOFTRAX

967 Interested

Highlights : About SOFTRAX Revenue Manager

Reporting for analytics, accounting and management

Revenue amoritization schedules and templates

Quote & contract management

About SOFTRAX Revenue Manager

SOFTRAX Revenue Manager helps enterprise-level companies comply with complex revenue recognition regulations and processes, with ASC 606 and IFRS 15 automation. The solution serves a variety of industries including technology, media, manufacturing, finance, energy, construction, transportation, and healthcare to increase visibility, improve efficiency, and manage risk. SOFTRAX Revenue Manager enables comprehensive revenue recognition reporting with customizable dashboards and graphical reports. Revenue which is on-hold, recognized, or scheduled for release can be reported in aggregate, month by month, or broken down by various data elements such as product, business unit, and customer to help organizations better understand revenue performance. SOFTRAX allows users to analyze ongoing and proposed businesses, helping to make critical decisions on customer contracts, pricing, discounts, bundling, or product introductions. Features for compliance and audit support help systematize compliance with continuously up-to-date and documented revenue controls. SOFTRAX provides proactive enforcement for ASC 605, ASC 605-25, ASC 605-35, ASC 985-605, ASC 605-10-S99L, as well as the new ASC 606 / ASU 2014-09 standards. Users are able to review the full revenue process— from initial quote, contract, or order, to the final revenue reporting, as well as conduct detailed analysis on several levels, such as product line, business unit, contract type, market segment, account, and more. The SOFTRAX Revenue Manager platform is ERP agnostic meaning it can seamlessly integrate with the existing enterprise systems such as SAP, Oracle, Microsoft Dynamics, Netsuite, Salesforce, Intacct, and Zuora.

Specifications

24/7 Support

Yes

Business Size

Mid-Market

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Approval workflow

Specialty contracts

Customizable dashboards

Quote & contract management

Third party integration

Order management

Revenue allocation and carves

Revenue amoritization schedules and templates

Reporting for analytics, accounting and management

ASC 606 & IFRS 15 automation

Benefits

SOFTRAX Revenue Manager is designed to support existing and future revenue recognition guidance from FASB and IASB with continuous updates to revenue controls.

Users are provided with a full range of management and reporting options for a successful transition to ASC 606 and IFRS 15.

SOFTRAX's features for automation, control, and security help users manage all revenue recognition processes without the need for spreadsheets or customizations.

The solution is capable of handling the various changes and adjustments that occur to revenue after initial setup, including post processing events and allocations.

SOFTRAX Revenue Manager is ERP agnostic, meaning it can seamlessly integrate with existing enterprise systems including SAP, Microsoft Dynamics, Oracle, Salesforce, and more.

Recommended Product

Social Media Premium Package

Features: 30 High Quality Postings 3 Social Media Platform

Website Design Standard Package

Features: Linking 30 to 50 static pages. Call to Action feature.

Diginyze Standard Cloud

Features: Upto 500 products Listing 24/7 Chat BOT support.

ECommerce SEO Gold Package

Features: 1- 100 products optimized Easy way to position your ecommerce store in Google, Yahoo, and Bing results

SEO Advance Package

Features: Upto 200 Keyword Optimization ROI-Driven SEO