SOFTRAX Revenue Management System

No phone app

7.1No. 4 of 25
in Revenue Recognition Software

Recognised40% of the score76
Phone app26% of the score0
Documented20% of the score93
Free plan14% of the score30

Free plan: No
Runs on: api, Web

Summary

SOFTRAX Revenue Management System is ranked #4 of 25 in revenue recognition software on Samsung Mobile US Press. It runs on API, Web.

Compared on revenue recognition software

Revenue standards: bothrms.softrax.com
Allocation methods: ssprms.softrax.com
Performance obligations: Yesrms.softrax.com
Contract modifications: Yesrms.softrax.com
ERP integrations: Microsoft Dynamicsrms.softrax.com

Facts

Purpose: SOFTRAX RMS automates billing and revenue recognition for companies managing complex revenue processes.rms.softrax.com · 4 Oct 2026
Cloud delivery: The product is described as a multi-tenant cloud application.rms.softrax.com · 4 Oct 2026
Billing models: It supports subscription, consumption or usage-based, one-time, and milestone billing.rms.softrax.com · 4 Oct 2026
Contract renewals: RMS tracks contract renewals, pending renewal notifications, allowed price increases, and co-terminations.rms.softrax.com · 4 Oct 2026
Analytics: Its analytics provide reports and dashboards for billing and revenue recognition data, and allow raw data extracts to be downloaded.rms.softrax.com · 4 Oct 2026
Integrations: The vendor says RMS integrates with more than 200 ERP and financial systems and can connect with ERP, CRM, and CPQ platforms.rms.softrax.com · 4 Oct 2026
API and workflow: RMS provides APIs and a workflow engine that can import transactional and configuration data, validate batches, and send emailed error notifications.rms.softrax.com · 4 Oct 2026
Security controls: The revenue recognition page describes granular settings to control who can view and edit transactional data and recognition policies.rms.softrax.com · 4 Oct 2026
Intended users: The product is presented for businesses ranging from early-stage companies to Fortune 500 companies.rms.softrax.com · 4 Oct 2026
Pricing availability: The RMS pages reviewed direct prospects to schedule a demo or consultation and do not state a price.rms.softrax.com · 4 Oct 2026
Support contact: SOFTRAX lists [email protected] and +1 617 778 2226 for SOFTRAX product support inquiries.softrax.com · 4 Oct 2026
Cloud platform: RMS is described as a multi-tenant cloud platform.rms.softrax.com · 4 Oct 2026
Revenue recognition: Its revenue subledger conforms to ASC 606 and IFRS 15 and supports accounting across multiple currencies and entities.rms.softrax.com · 4 Oct 2026
Renewals: RMS tracks contract renewals, notifies users about pending renewals, and manages co-terminations with contract history.rms.softrax.com · 4 Oct 2026
Workflow and data: The workflow engine can automate workflows and import customers, products, contracts, orders, invoices, usage records, and credit memos.rms.softrax.com · 4 Oct 2026
Security and controls: SOFTRAX describes RMS as a secure, auditable, and controlled environment for processing complex revenue.rms.softrax.com · 4 Oct 2026
Intended customers: The site says RMS serves companies from startups and early-stage businesses to multi-billion-dollar enterprises and Fortune 500 companies.rms.softrax.com · 4 Oct 2026
Support and sales: The site invites prospective customers to contact [email protected] to schedule a 30-minute consultation.rms.softrax.com · 4 Oct 2026