Is Softrax Contrax right for your business?

Softrax Contrax is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a Softrax Contrax demo, technical support, product or pricing information or to simply to compare Softrax Contrax with competitive options? Quickly get answers and the information you need.

Simplify the administration and accounting for multi-element contracts

  • Automatically calculate recognition amounts for each element
  • Manage multiple schedules against a single contract
  • Enable entry of percent complete values that cascade through the system
  • Allocate revenue based on established VSOE values

Put all your contract data in one central repository

  • Establish one source for information on contracts, users, licenses, serial numbers, platforms, maintenance, etc.
  • Automatically update all accounting processes with contract changes
  • Enter data once, no need to re-key for billing, general ledger or reporting
  • Track upgrades by date, version, price, etc.

Facilitate complex billing

  • Consolidate multiple charges into a single bill
  • Manage simple and complex billing schedules
  • Detailed audit tracking of all activity
  • Support separate “bill-to” entities for different locations under the same contract
  • Create blended, logical views of all contract, delivery and billing data by bill-to location

Support compliance with Sarbanes-Oxley, SEC and FASB

  • Provide a transactional audit trail for Sarbanes-Oxley 404 assertions
  • Create a foundation for robust internal controls over revenue processes
  • Support compliance with revenue recognition rules (SOP 97-2, 98-9, VSOE, SOP 81-1, SAB 101, and EITF 00-21).
  • Identify and optimize revenue processes
  • Improve the integrity of revenue data
  • Better establish and enforce internal controls for revenue

Related Products

The following software product lines are also offered by Softrax: