Softrax
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SOFTRAX, based in Canton, MA, is a leader in revenue management solutions designed specifically for B2B monetization. Their Revenue Management System (RMS) automates complex aspects of billing and revenue recognition, thereby allowing companies to focus on strategies for revenue growth while ensuring compliance with industry standards like ASC 606 and IFRS 15.
The RMS platform offers an all-encompassing approach to order management and billing, adeptly handling subscription and consumption billing models alongside contract renewals. With a cloud-based infrastructure, SOFTRAX RMS minimizes human error through advanced automation, making it suitable for businesses of all sizes, from startups to expansive enterprises.
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