Softrax
Complex revenue needs a simple home
Ranked #6 in Best revenue recognition software.
Softrax is a revenue lifecycle management software that simplifies complex billing and recognition. It automates tasks such as usage pricing, recurring billing, and compliance with ASC 606.
At a glance
| Best for | finance teams managing complex billing models |
From Softrax's own website.
Company facts
| Social profiles |
Facilities and features
Its website also mentions:
- Published pricing
- API
- Integrations
What stands out
The product ensures compliance with ASC 606 and IFRS 15 standards.
“offering continuous touchless accounting and compliance with ASC 606 and IFRS 15.”Softrax, own website
Softrax integrates seamlessly with CRM, ERP, and CPQ systems via APIs.
“Easily connect with your current technology systems by integrating CRM, ERP, CPQ, and financial platforms through a comprehensive API suite and ready-to-use connectors for real-time data updates.”Softrax, own website
How it ranks
Softrax is ranked 6th of 10 in Best revenue recognition software (Lister Score 92.0).
#6 in Best revenue recognition software · Lister Score 92.0
Softrax is a revenue lifecycle management software that simplifies complex billing and recognition.
Integrates seamlessly with CRM, ERP, and CPQ systems via APIs.
How the score is made up: fit to this ranking's criteria 40; evidence on its own site 20; how complete its published information is 16; buying information on its own site 16.
“Our industry-recognized Revenue Management System (RMS) automates every aspect of revenue recognition, enabling companies to spend less time on revenue management and more time on strategic growth.”Softrax, own website
| Rank | Best revenue recognition software | Score |
|---|---|---|
| 1 | Bookkeep | 98.0 |
| 2 | BillingPlatform | 94.0 |
| 3 | Maxio | 94.0 |
| 4 | Synder | 94.0 |
| 5 | Chargebee | 92.0 |
| 6 | Softrax | 92.0 |
| 7 | Leapfin | 90.0 |
| 8 | ScaleXP | 90.0 |
| 9 | Zuora | 88.0 |
| 10 | RecVue | 84.0 |
Frequently asked questions
How does Softrax rank on Lister?
Softrax is ranked 6th of 10 in Best revenue recognition software (Lister Score 92.0).