1. [Home](https://www.g2.com/) 2. ... 3. [Revenue Management Software](https://www.g2.com/categories/revenue-management) 4. [SOFTRAX Discussions](https://www.g2.com/products/softrax/discuss) [ ![SOFTRAX](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_7ff84ee827ef739f19f40ffbbfa9c0c6/softrax.png "SOFTRAX") ](/products/softrax/reviews) # SOFTRAX Discussions The SOFTRAX Revenue Management System (RMS) is a powerful approach to revenue management. It is the world’s only system that combines best-in-class automation for one-time, milestone, subscription, consumption, and renewal billing and complex revenue recognition in a single solution to streamline the revenue management process. This single solution gives you the freedom to focus on more profitable analytical tasks. SOFTRAX delivers the only comprehensive solution that supports all forms of complex billing and revenue recognition in accordance with the new ASC 606 and IFRS 15 standards. This unique system drives a high level of automation to advance your back-office functionality toward continuous accounting. SOFTRAX RMS delivers the industry’s highest level of system-wide automation. This single solution seamlessly integrates with existing ERP, CRM, CPQ, or home-grown systems automating the flow of order and fulfillment data to trigger billing and revenue recognition. The system simultaneously accounts for exchange rate, tax, and payment data to ensure accurate and timely processing. ![SOFTRAX](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_7ff84ee827ef739f19f40ffbbfa9c0c6/softrax.png "SOFTRAX") SOFTRAX Discussions Most CommentedMost HelpfulCommon QuestionsNewest Showing **1** discussion ![Pinned by G2 as a common question](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Pinned by G2 as a common question") G2 Pinned by G2 as a common question • about 3 years ago More Options - Share [![linkedin](/assets/social-logos/linkedin-afe65e46604a5bd5105ab9c856116204040b6b3f2b2d42562fc8071ca0c48ca0.svg "linkedin")](https://www.linkedin.com/shareArticle?mini=true&summary=What+is+SOFTRAX+used+for%3F&title=What+is+SOFTRAX+used+for%3F&url=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fwhat-is-softrax-used-for) [![twitter](/assets/social-logos/twitter-61aaec80434c71387b8f7326e480592eae71c0a65afd051d66fce9b75a9bf417.svg "twitter")](https://twitter.com/intent/tweet?text=What+is+SOFTRAX+used+for%3F&url=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fwhat-is-softrax-used-for&via=G2dotcom) [![facebook](/assets/social-logos/facebook-350d0b410d6b10debcf893050e803a8633d53561aa42807b087b8daf9be3668f.svg "facebook")](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fwhat-is-softrax-used-for) [![gmail](/assets/social-logos/gmail-6db42f21e7c254fae201b112bef0dd15d25223a5cbb32691ce80eab43761eadf.svg "gmail")](https://mail.google.com/mail/?view=cm&fs=1&tf=1&to=&su=What+is+SOFTRAX+used+for%3F&body=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fwhat-is-softrax-used-for%0aWhat+is+SOFTRAX+used+for%3F) [![mail](/assets/social-logos/mail-d55c53b04bf49872e40cd2443b85a99caa23394e6cf154ae32a9d08377c15d86.svg "mail")](mailto:?subject=What+is+SOFTRAX+used+for%3F&body=https%3A%2F%2Fwww.g2.com%2Fdiscussions%2Fwhat-is-softrax-used-for%0aWhat+is+SOFTRAX+used+for%3F) - Copy link - [ ## What is SOFTRAX used for? ](/discussions/what-is-softrax-used-for) What is SOFTRAX used for? [ Billing Software ](https://www.g2.com/tags/billing-software)[ Revenue Management Software ](https://www.g2.com/tags/revenue-management-software) Show More (Upvote this discussion)\<0\>0\> (Downvote this discussion) 1 (1 Comment) Add a comment [ View discussion ](/discussions/what-is-softrax-used-for) ## Browse by popular topics [Billing Software](/products/softrax/discuss?filters%5Btags%5D%5B%5D=billing-software)[Revenue Management Software](/products/softrax/discuss?filters%5Btags%5D%5B%5D=revenue-management-software)