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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 Instellix?

Instellix stands out as a pioneering global platform dedicated to monetization and billing, meticulously designed to help enterprises navigate the intricacies of diverse revenue models and streamline their order-to-cash workflows on a grand scale. By addressing the limitations of traditional billing systems, it effectively simplifies complex pricing structures and enables companies to implement and manage subscription, usage-based, transactional, or hybrid business models all within a unified interface. The platform integrates vital functions such as billing, payments, accounting, contract management, and revenue recognition, thereby creating a holistic framework that reduces manual interventions and boosts financial clarity. Instellix is particularly proficient in facilitating multi-party billing, settlements, and payouts from the outset, offering significant benefits for businesses functioning in marketplaces and ecosystems. Moreover, its robust automation capabilities are tailored to handle global tax and compliance requirements across more than 80 markets, promoting international expansion while keeping financial operations audit-ready. In essence, Instellix goes beyond simplifying billing; it also cultivates innovation and scalability for enterprises striving to succeed in an ever-evolving marketplace. This ensures that businesses can adapt swiftly to changing market demands while maintaining a competitive edge.

Media

Media

Integrations Supported

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

Integrations Supported

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

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

Instellix

Date Founded

2016

Company Location

Germany

Company Website

www.instellix.com

Categories and Features

Revenue Management

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

Categories and Features

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