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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 Objective NG?
The growth of your recurring business, NG, is poised for a transformative advancement with a billing platform specifically crafted to deliver customized solutions that optimize your billing and recurring billing operations. This improvement will enhance visibility and control over your recurring billing activities, support increased recurring revenue, and prioritize customer satisfaction. By integrating an automation platform, you can significantly improve the customer experience while reducing potential revenue losses through streamlined processes and enhanced service delivery. Focusing on excellence in critical areas is vital for achieving business success. Through process automation and the effective use of Business Process Outsourcing (BPO), operational costs can be minimized, and the efficiency of your operations maximized, providing assurance to all stakeholders involved. Furthermore, maintaining consistent and precise data is essential for supporting informed business decisions and strategic planning. It is important to evolve in a way that is both secure and adaptable to the ever-changing market landscape. How can you create a standardized approach to growth while ensuring that your service offerings retain the necessary flexibility and independence? Since each business has its own identity, your systems should embody that individuality! Our methodology begins with a comprehensive assessment, where we actively engage in conversations about your unique business needs and pinpoint the optimal strategies for effectively rolling out our solutions, guaranteeing a customized fit for your specific requirements. This collaborative approach not only lays the groundwork for enduring success but also allows for seamless adaptation in an ever-evolving marketplace, ensuring that your business remains competitive and responsive to new challenges.
Integrations Supported
Avalara
Microsoft Dynamics 365
NetSuite
Planview Changepoint
SAP Business One
Salesforce
Sovos
Thomson Reuters ONESOURCE
Integrations Supported
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
Objective
Company Location
Brazil
Company Website
ng.objective.com.br
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
Categories and Features
Recurring Billing
Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing