SOFTRAX is a software platform that delivers comprehensive billing and revenue management solutions for businesses seeking to automate complex revenue recognition and billing processes. SOFTRAX is designed to help companies comply with key accounting standards such as ASC 606 and IFRS 15, while streamlining operations across order management, contract renewals, and financial reporting.
The core offering from SOFTRAX is its Revenue Management System, which uniquely integrates:
- Automated billing workflows
- Complex revenue recognition capabilities
- Contract renewal management
- Order management—all within a single solution
This enables organizations to replace manual and error-prone processes, ensuring accurate financial reporting and compliance with evolving accounting requirements. SOFTRAX is particularly noted for its ability to manage sophisticated revenue arrangements, including subscriptions and multi-element contracts, making it suitable for businesses with dynamic or recurring revenue streams.
Who Uses SOFTRAX?
SOFTRAX serves a wide variety of organizations that require robust billing and revenue management, including technology, SaaS, and enterprise companies. Notable customers include Park Place Technologies, 3M, AEG, Mindbody, Telestream, Epicor Software Corporation, Tumbleweed, Solucient, iPhrase, Air2Web, Actify, LogicVision, and Framework Technologies. These clients rely on SOFTRAX to automate financial processes and maintain compliance as their business models evolve.
How Was SOFTRAX Started and Who Leads It?
SOFTRAX is a privately held company based in Canton, Massachusetts, with a team of 51-200 employees. The leadership team brings extensive experience in software development, finance, and enterprise IT. CEO Tom Zauli leads the company, drawing on decades of expertise in revenue automation and engineering. Other key leaders include Graham Hulme (CTO), who specializes in financial software product strategy, David Milligan (implementation and customer solutions), Jeff De Andrade (product development), Robert Kelleher (IT and DevOps), and Scott Burdick (professional services and support). Their collective backgrounds help shape SOFTRAX’s focus on automating complex, industry-specific revenue challenges. More details on the team and company background are available on their About page.
What Makes SOFTRAX Distinct?
SOFTRAX stands out by offering a unified system that addresses end-to-end revenue management needs, from order to cash, with built-in compliance for major accounting standards. Its flexibility and scalability make it suited for organizations managing growth, product diversification, or transitioning to recurring revenue models.
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