The Softrax automated revenue recognition software is integrated with the Vindicia® CashBox® subscription management platform. The combination of CahsBox and Softrax provides world-class automated support for even the most complex revenue recognition requirements for subscription-based companies.
The combined CashBox-Softrax solution eases the adoption of the new international accounting standards ASC 606 and IFRS 15. Softrax simplifies ongoing financial compliance and reporting, making both complex manual manipulations and expensive enterprise resource planning (ERP) customizations a thing of the past.
Thanks to the CashBox-Softrax integration, your subscription business can now focus on business goals and growth, rather than back-end accounting complexities. For additional information, read our revenue recognition data sheet.