Softrax Review - why 3.3 stars?

Softrax Review
ITQlick Score: 78/100
ITQlick Rating:
Pricing: 4.2/10 - average cost
Category: Billing & Invoicing -> Softrax review
Ranking:Ranked 31 out of 197 Billing & Invoicing systems
Company: Softrax
Typical customers: SMBs
Platforms: Desktop
Links: Softrax pricing, Softrax alternatives
Shlomi LaviShlomi Lavi / updated: Feb 16, 2022

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What is Softrax?

SOFTRAX Revenue Manager is an on-premise platform that helps businesses to automate with the complex revenue recognition & processes. The software uses ASC 606 and IFRS 15 standards to help enterprise businesses comply with these processes. It enables for overall revenue reporting with tailored dashboards & graphical reports.

The revenue that recognized, on-hold or listed for release is reported as aggregate, in month by month or be broken down using multiple data elements. SOFTRAX enables businesses to analyze the ongoing and proposed businesses, therefore helping them to make informed decisions on customer pricing, contracts, discounts, product introductions and more.

The software is a product of SOFRAX Inc. founded in 1999, and its headquarters is in Headquarters Canton, MA.

Who is it best for?

The typical customers include the following business size: SMBs.

What is the actual cost?

ITQlick pricing score is 4.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Softrax.

How it stacks up?

Access a head to head analysis of Softrax vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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Softrax
ITQlick rating
3.3/5
Score
78/100
Pricing
4.2/10
License pricing
Pricing not available
Functionality
3
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CannyBil...
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ARIBA IN...
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salesfor...
ITQlick rating
3.2/5
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90/100
Pricing
3.4/10
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$75 per user/month
Functionality
3

Frequently Asked Questions (FAQs)

Is it the best Billing & Invoicing system?

Softrax is ranked 31 out of 197 software in their category (Billing & Invoicing systems).

How they are rated on ITQlick?

The rating of Softrax is 3.3 stars out of 5 and the total score is 78 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Softrax makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently Softrax can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Softrax and alternatives?

The most popular alternatives to Softrax in 2023: Zoho Invoice, ARIBA INVOICE, CannyBill Enterprise, salesforce billing, Non-Profit Solutions. Access the complete competitors analysis here - Softrax VS Billing & Invoicing Software alternatives.

Is Softrax right for you or your business?

SOFTRAX Revenue Manager Software is designed to the revenue recognition and compliance needs of enterprise-level businesses. The various industries that can use SOFTRAX revenue manager include media, manufacturing, technology, energy, construction, finance, healthcare, and transportation.

List of categories

Accounting & Finance
Billing & Invoicing

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.