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What is SOFTRAX Revenue Management System?

The SOFTRAX Revenue Management System (RMS) automates the full lifecycle of revenue recognition and revenue management, enabling companies to spend less time managing compliance and more time driving growth. Purpose-built for complex, high-volume environments, SOFTRAX RMS centralizes contract data, applies configurable revenue rules, and ensures accurate, audit-ready revenue outcomes.

What is BillingPlatform?

BillingPlatform stands out as the sole revenue lifecycle management solution available globally, catering to a diverse range of sectors such as software, finance, media, transportation, and communications. This innovative platform empowers businesses to effectively capitalize on any product offering, whether it be straightforward subscriptions or intricate usage-based pricing strategies, as well as everything in between. It encompasses comprehensive support throughout the entire revenue lifecycle, managing everything from product setup and quoting to billing, invoicing, revenue recognition, and payment collections, all while operating on a secure, state-of-the-art cloud infrastructure. The exceptional adaptability of BillingPlatform enables organizations to tailor their market differentiation strategies, optimize their profit margins, lower operational expenses, and enhance the overall customer experience, ultimately leading to sustainable growth. As companies navigate an increasingly complex marketplace, having a robust tool like BillingPlatform can be the key to unlocking new revenue opportunities.

Media

Media

Integrations Supported

Avalara
Microsoft Dynamics 365
NetSuite
Salesforce
Thomson Reuters ONESOURCE
SAP Business One
Sovos

Integrations Supported

Avalara
Microsoft Dynamics 365
NetSuite
Salesforce
Thomson Reuters ONESOURCE
5X
Adyen
Authorize.Net
CCH Axcess Tax
Cybersource
Fivetran
Mastercard Payment Gateway Services
Pin Payments
STAX
Vertex
Workday Financial Management
Worldline

API Availability

Has API

API Availability

Has API

Pricing Information

$420.00/month
Pricing starts at $420.00 per month based on usage. Contact SOFTRAX for detailed pricing information.

Pricing Information

Software license fees
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / 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

BillingPlatform

Date Founded

2012

Company Location

United States

Company Website

billingplatform.com

Categories and Features

Revenue Management

Dynamic Pricing
Forecasting
Price Optimization

Revenue Recognition

Not specified

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

Billing and Provisioning

Billing & Invoicing
Contract Management
Customer Accounts
Customizable Billing
Flexible Rate Tables
Order Management
Post-Paid Systems
Pre-Paid Systems
Provisioning
Rating
Self Service Portal

Business Process Management

Access Controls / Permissions
Alerts / Notifications
Business Process Automation
Business Rules Management
Process Change Tracking

CPQ

Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
eCommerce

Debt Collection

Automated Notices
Client Management
Commission Management
Compliance Management
Contact Management
Payment Plans

PCI Compliance

Access Control
Log Management

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

Dynamic Pricing

Revenue Recognition

Not specified

SaaS Billing

Not specified

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

Usage-Based Billing

Not specified

Workflow Management

Approval Process Control
Business Process Automation
Configurable Workflow
No-Code
Workflow Configuration

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