SoftShop

SOFTRAX is a provider of cloud-based revenue management solutions, established in 1999. The company specializes in automating billing, revenue recognition, and contract management processes for businesses of all sizes, from startups to large enterprises. Its flagship product, the Revenue Management System (RMS), is designed to streamline financial operations, reduce compliance risks, and eliminate manual workflows. The RMS offers features such as billing automation for various models, compliance with accounting standards like ASC 606 and IFRS 15, and contract renewal management. It provides end-to-end visibility into order management and integrates with major ERP, CRM, and financial systems. SOFTRAX serves a diverse range of clients, including notable companies like 3M, AEG, and Epicor Software Corporation, helping them manage recurring revenue streams and modernize their financial processes. The company is recognized for its unified platform that combines multiple financial functions and its focus on compliance and scalability.