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On the recordRead 5 Oct 202610 facts
Softrax Lease Accounting
On the record
- Billing
- RMS supports subscription, consumption, one-time, and milestone billing models.rms.softrax.com · read 5 Oct 2026
- Cloud and controls
- SOFTRAX describes RMS as a multi-tenant cloud platform with a secure, auditable, and controlled processing environment.rms.softrax.com · read 5 Oct 2026
- Company experience
- SOFTRAX says it has over 25 years of experience in revenue management.softrax.com · read 5 Oct 2026
- Integrations
- SOFTRAX says RMS integrates with more than 200 ERP systems and connects with CRM, CPQ, and other systems.rms.softrax.com · read 5 Oct 2026
- Pricing
- The opened SOFTRAX product page directs prospective customers to contact sales to schedule a 30-minute consultation and gives no price.rms.softrax.com · read 5 Oct 2026
- Product scope
- SOFTRAX’s opened product pages describe RMS as an order management, billing, contract renewal management, and revenue recognition system; they do not state lease accounting features.rms.softrax.com · read 5 Oct 2026
- Renewal management
- RMS tracks pending renewals, allowed renewal upticks, and co-terminations with contract history.rms.softrax.com · read 5 Oct 2026
- Revenue accounting
- RMS’s revenue subledger conforms to ASC 606 and IFRS 15 and supports multiple currencies and entities.rms.softrax.com · read 5 Oct 2026
- Security operations
- SOFTRAX lists Microsoft Azure for cloud storage and data processing, Datto for backup solutions, and Snowflake for database SaaS hosting among its subprocessors.softrax.com · read 5 Oct 2026
- Support
- SOFTRAX lists product support at [email protected] and +1 617 778 2226.softrax.com · read 5 Oct 2026
