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SOFTRAX and BluLogix to Merge to Form Leading-Edge Revenue Lifecycle Management Platform
TELEO Capital Announces Acquisition of SOFTRAX
SOFTRAX Releases Version 14.0 of its Award-Winning Revenue Management System with Industry-Leading Billing and Revenue Management Enhancements
SOFTRAX Partners with Planview to Automate Complex Project Execution through Billing and Revenue Recognition for the Professional Services Industry
SOFTRAX Named 2024 SIIA CODiE Award Finalist in Best Subscription Billing Solution
Telestream Selects the SOFTRAX Revenue Management System Digital asset and video global leader leverages SOFTRAX for automated revenue recognition and billing SOFTRAX, a leading provider of cloud-based revenue management solutions, today announced that Telestream, the global leader in workflow automation, media processing, and video quality, has selected the SOFTRAX Revenue Management System (RMS). Telestream is using SOFTRAX RMS to automate complex revenue recognition processes, meet ASC 606 and IFRS 15 mandates, and eventually streamline billing for services offerings. SOFTRAX RMS will also serve as an extension of the company’s Microsoft Dynamics 365 ERP.
Ascend Learning Leverages SOFTRAX Revenue Manager to Enhance Productivity. SOFTRAX, a leading provider of cloud-based revenue management solutions, recently partnered with Ascend Learning LLC, a leader in online educational content, software, simulation, and analytics serving students, educational institutions, and employers, in the deployment of SOFTRAX Revenue Manager. The platform supports Ascend Learning’s efforts to automate their internal controls related to revenue recognition, remove manual processes, and establish additional audit capabilities in a secure, controlled, multi-tenant cloud offering to allow faster access to key data.
SOFTRAX Unveils Industry’s First and Only All-Inclusive Revenue Management System for Sophisticated Billing, Revenue Recognition, and Contract Management Cloud-Based Platform Automates Complex Processes, Streamlines Billing, and Eases Revenue Recognition in One System
SOFTRAX Revenue Recognition Software Supports ASC 606 Significant Financing Component SOFTRAX, the world’s leading provider of revenue recognition software, today announced significantly enhanced support for managing ASC 606 guidance related to the newly introduced “Significant Financing Component” concept. This enhancement enables clients to manage complex reporting of the Time Value of Money (TVM) pursuant to the guidance.
Softrax speaks on revenue recognition panel discussion at ACS Live on processes and systems needed to automate the new revenue recognition standard.
