SOFTRAX Unveils Industry’s First and Only All-Inclusive Revenue Management System
Cloud-Based Platform Automates Complex Processes, Streamlines Billing, and Eases Revenue Recognition in One System Canton, MA – Dec. 8, 2022 – SOFTRAX, a leading provider of cloud-based revenue management solutions, today announced the release of the SOFTRAX Revenue Management System (RMS), which provides the industry’s first and only combination of sophisticated order management, billing, contract […]
Recorded Books Enhances Its Financial Systems With SOFTRAX Revenue Manager
Modular Solution Manages Award-Winning Market Leader’s Revenue Recognition Process CANTON, MA – January 2019 – Revenue recognition specialists SOFTRAX are pleased to announce that Recorded Books has joined the growing number of businesses using the powerful revenue recognition and automation capabilities of SOFTRAX Revenue Manager to augment their existing ERP and financial platforms in support of ASC […]
SOFTRAX Announces New Website To Help Business Understand ASC 606 and IFRS 15 Regulations
Revenue Recognition Automation Software Will Rapidly Pave the Way for Back Office Success. BOSTON – Sep 18, 2018 – SOFTRAX, a division of AFS Technologies, the leading revenue recognition software company today announced the launch of an invaluable resource for business accounting specialists making the transition to ASC 606 and IRFS 15 compliance. The regulations that went into effect […]
SOFTRAX announces the Next Level of ASC 606 and IFRS 15 Automation with Revenue Manager 5.1
BOSTON – July 24, 2018 – SOFTRAX, a division of AFS Technologies, and the leader in revenue recognition automation solutions, today announced the upcoming release of Version 5.1 of its Revenue Manager solution. Revenue Manager serves businesses by automating revenue recognition under current and future guidance, including ASC 605, ASC 606, and IFRS 15. “We are extremely excited about […]
SOFTRAX to Sponsor ASC 606 Seminar in Boston
CANTON, Mass. – May 18, 2017: SOFTRAX is pleased to announce they will be presenting sponsor of an ASC 606 Software and Cloud Industries Seminar, to be held on May 18th-19th, 2017. The revenue recognition seminar will bring together an intimate group of accounting professionals for a two-day session to discuss the new revenue recognition […]
SOFTRAX Announced as Sponsor of The Forty-Third Annual Meonske Professional Development Conference
CANTON, Mass. – April 26, 2017: SOFTRAX, the industry leader in revenue recognition software and developer of Revenue Manager is pleased to announce it will be sponsoring this year’s 43rd Annual Meonske Professional Development Conference on April 26th-28th at Kent State University in Ohio. This 3-day conference is focused on the upcoming changes to revenue […]
SOFTRAX Releases Software to Identify Financing Component Under New Revenue Recognition Rules
https://youtu.be/LL2NeqauRNg?feature=shared CANTON, Mass. – April 5, 2017- 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. The functionality […]
SOFTRAX Unveils its Redesigned Website
CANTON, Mass. – January 24, 2017- SOFTRAX has launched a redesign of their website, www.staging6.softrax.com. The site now features a cleaner and more contemporary design. The redesign includes aesthetic enhancements to provide a more engaging user experience and enhanced navigation to help our visitors easily find the information they need.
SOFTRAX Brings Its ASC 606 Solution to Sondhi’s Boston’s Software & Cloud Seminar
CANTON, Mass. – August 25, 2016 – SOFTRAX, a leading revenue recognition automation software company transforming the way businesses handle ASC 606 and IFRS 15 standards, today announced it will be sponsoring A.C. Sondhi & Associates 2016 ASC 606 seminar. Spread across two days, the ASC 606 conference will be held at the Hilton Hotel in downtown […]
SOFTRAX Sponsoring Revenue Recognition Conference for Private Companies
CANTON, Mass. – May 24, 2016 – SOFTRAX, leading revenue recognition automation software is transforming the way revenue is managed and announced it will be sponsoring ACS live conference. The ACS Live Accounting for Private Companies conference will be held at the Hyatt in Santa Clara on May 23-24th. Accounting for Private Companies Conference addresses the […]
SOFTRAX Hires New Leader on West Coast
CANTON, Mass. – April 27, 2016 – SOFTRAX, a leading provider of revenue management software, announced it has hired Jeff Halden to lead its Solution Advisory practice for the West Coast. Jeff brings over 25 years of accounting, consulting, and business development experience, including many years focused on the design and implementation of financial products. “I’m […]
SOFTRAX Expands Partnership with Accounting Expert Tony Sondhi
Joint Offering Will Assist Businesses Preparing for New ASC 606 / IFRS 15 Guidance and Other Revenue Management Challenges CANTON, Mass. – July 21st, 2015 – Enterprise revenue recognition specialists SOFTRAX announce an expansion of their ongoing partnership with FASB Emerging Issues Task Force (EITF) member Ashwinpaul “Tony” Sondhi, regarded as one of the leading authorities […]
Emmi Solutions Chooses SOFTRAX Enterprise to Support Its Thriving Business
Award-Winning Patient Engagement Company Selects SOFTRAX’s Modular Solution to Handle Subscription Billing for Its Client Roster CANTON, Mass. – June 25th, 2015 – Revenue recognition specialists SOFTRAX are pleased to announce that Emmi Solutions, the leader in outcomes-driven patient engagement, has selected SOFTRAX Enterprise to manage billing for its rapidly growing subscriber base. Emmi joins hundreds […]