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Ratings and Reviews 0 Ratings
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What is SOFTRAX Revenue Management System?
The SOFTRAX Revenue Management System (RMS) represents a cutting-edge solution for managing revenue effectively. It uniquely integrates best-in-class automation for various billing types—including one-time, milestone, subscription, consumption, and renewal billing—alongside complex revenue recognition, all within a single platform to enhance the revenue management workflow. This cohesive system empowers organizations to concentrate on more strategic and profitable analytical endeavors.
SOFTRAX offers an unparalleled comprehensive solution that addresses all forms of intricate billing and revenue recognition, fully compliant with the latest ASC 606 and IFRS 15 standards. This exceptional system fosters a high degree of automation, propelling your back-office operations toward the principles of continuous accounting.
In addition, SOFTRAX RMS achieves the highest level of automation available across the industry. This unified solution effortlessly integrates with pre-existing ERP, CRM, CPQ, or custom-built systems, automating the exchange of order and fulfillment data to initiate the billing and revenue recognition processes. Furthermore, the system adeptly manages exchange rate fluctuations, tax calculations, and payment processing to guarantee accurate and timely financial transactions. By leveraging SOFTRAX RMS, organizations can significantly enhance their operational efficiency and revenue management accuracy.
What is Archetype?
Archetype serves as a complete solution for pricing, billing, and metering, eliminating the necessity for you to build one from the ground up. It allows for the easy design of various pricing structures, enabling charges based on usage, seat counts, and more, all while offering unparalleled flexibility in pricing and automated invoicing capabilities. By streamlining operational tasks, financial billing, and collections, it significantly alleviates the burden on your engineering teams, saving them invaluable hours that would otherwise be allocated to creating an internal billing, metering, and invoicing system. Archetype not only improves SaaS pricing methodologies but also empowers your team to focus on product innovation while conserving thousands of hours across both engineering and operational departments. With the ability to charge based on total or peak usage, offer free trials, and implement scalable pricing models, it adapts seamlessly to your changing requirements. You can define your own units for billing—whether that be seats, minutes, or API calls—log events, and start gathering data right away. Furthermore, it enables you to monitor revenue, analyze usage patterns, and track customer churn, allowing for swift responses to market fluctuations and trend detection. Engage in real-time pricing experiments while observing critical metrics such as conversion rates, usage statistics, and churn to refine your pricing approach. Additionally, by granting users the capability to set their own usage thresholds, your sales and support teams can proactively tackle potential issues or identify upsell prospects before they arise. In summary, Archetype transforms the way SaaS businesses handle their billing and pricing strategies, making it an essential asset for fostering growth and operational efficiency in a competitive landscape. Ultimately, its comprehensive features provide a robust platform for managing complex billing scenarios effectively.
Integrations Supported
NetSuite
Salesforce
Avalara
Braintree
Customer.io
HubSpot CRM
HubSpot Customer Platform
Microsoft Dynamics 365
Planview Changepoint
QuickBooks Online
Integrations Supported
NetSuite
Salesforce
Avalara
Braintree
Customer.io
HubSpot CRM
HubSpot Customer Platform
Microsoft Dynamics 365
Planview Changepoint
QuickBooks Online
API Availability
Has API
API Availability
Has API
Pricing Information
$420.00/month
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
SOFTRAX
Date Founded
1999
Company Location
United States
Company Website
www.softrax.com
Company Facts
Organization Name
Archetype
Company Website
www.archetype.dev/
Categories and 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