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Softrax provides automated revenue management with ASC 606 compliance, contract management, and revenue recognition for complex deals.

Pricing

From $420 / mo

Founded

1999

Team size

51-200 employees

Headquarters

Woburn, Massachusetts

At a glance

Best for

CFOs & Finance Leaders, Finance Controller

Pricing model

Custom quote

Try before you buy

Integrates with

CRM systemsERP systemsCPQ systemsFinancial platforms

About Softrax

SOFTRAX is a revenue lifecycle management platform that automates complex billing (one-time, milestone, subscription, consumption, and renewal) and revenue recognition in a single system compliant with ASC 606 and IFRS 15. It helps finance teams manage contracts, automate recurring billing, and produce detailed revenue reporting. It targets companies with complex, high-volume billing and revenue-recognition needs.

Buyer Fit & Positioning

Procurement & Fit

Structured facts from the vendor to help your security, finance, and procurement reviews move faster.

Trust

Security & compliance

The vendor hasn’t added security or compliance details yet.

Pricing

Commercial model

Pricing model: Custom quote

Free trial: Yes

Free plan: No

Contract minimum: Not specified

Procurement

Purchasing & legal

The vendor hasn’t added purchasing & legal details yet.

Fit

Best-fit company size

Company-size fit has not been specified yet.

Implementation & Procurement

Commercial Fit & Ecosystem

Proof, Outcomes & Momentum

Alternatives, Migration & Buyer Objections