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Softrax

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36 reviews
  • 3 profiles
  • 6 categories
Average star rating
4.4
Serving customers since
1999
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BluIQ™ by BluLogix

26 reviews

BluIQ™ leverages proven technology to deliver advanced analytics, while offering  visibility and insight for proactively managing customer relationships, reconciling billing issues and identifying new revenue opportunities. 

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SOFTRAX

10 reviews

SOFTRAX is a provider of industry-leading billing, revenue management, and accounting solutions that can transform the top and bottom line. The SOFTRAX Revenue Management System is the only solution that combines order management, best-in-class billing, contract renewal management, and complex revenue recognition capabilities in one system. With SOFTRAX, you can automate billing, streamline revenue recognition, and meet the demands of standards such as ASC 606 and IFRS 15.

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BluIQ Chargeback & Cost Recovery by BluLogix

0 reviews

BluIQ Chargeback & Cost Recovery by BluLogix is a financial-grade internal billing platform designed to automate chargeback, cost allocation, and cost recovery across complex enterprise and public sector environments. It enables organizations to accurately allocate shared service costs—such as cloud, telecom, infrastructure, and software—based on actual usage, delivering transparent, auditable, and scalable interdepartmental billing. Unlike traditional ITFM or showback tools, BluIQ operates as a full billing and financial operations engine. It ingests and normalizes data from multiple sources—including cloud providers, ITSM systems, vendor invoices, and internal platforms—then applies configurable rating, allocation, and reconciliation logic to produce precise, consumption-based charges. This ensures costs are distributed fairly across departments, agencies, or business units while maintaining compliance with GAAP, GASB, and other financial standards. The platform eliminates manual spreadsheets and fragmented workflows by automating the entire chargeback lifecycle—from data ingestion and validation to invoice generation, approval workflows, and export to financial systems. Built-in reconciliation capabilities align internal charges with vendor invoices, reducing discrepancies and accelerating billing cycles. BluIQ also provides real-time visibility into consumption and cost, enabling stakeholders to understand usage patterns, forecast budgets, and optimize spend. Departments can review and validate charges through a self-service portal, improving transparency, reducing disputes, and strengthening accountability across the organization. Designed for scale, BluIQ supports multi-department, multi-service, and multi-source billing environments, including hybrid and multi-cloud infrastructures. Organizations can bill any internal service on a dollar-for-dollar basis, apply complex pricing models, and manage large volumes of usage data without increasing operational overhead. By transforming chargeback from a manual, reactive process into an automated, data-driven financial system, BluIQ helps organizations improve cost recovery, accelerate time to billing, reduce disputes, and drive more informed consumption behavior across the enterprise.

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Softrax Reviews

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Profile Name
Star Rating
27
6
2
1
0
Jamal I.
JI
Jamal I.
03/31/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Proper invoice and billings manager

It has toolkits that let me manage and customise the billing in our company style. Reducing errors that are always happening in manual invoicing and accelerates the entire process.
Badriah B.
BB
Badriah B.
03/30/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Making subscription manager easy

We accept many different payment types, and BluIQ allows us to keep track of them all. The most demanding part of finding the right software was ensuring it could track memberships in automated and manual modes, such as when the expense was made via bank transfer.
Hudni A.
HA
Hudni A.
03/30/2023
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review

Reliable product for billing nightmare

BluIQ is an excellent option for large and small SaaS industries and web-based companies. The software has every function a business could want for handling periodic payments. It integrates with numerous monetary gateways. Given the abundance of tools and settings, the interface remains usable and intuitive.

About

Contact

Phone:
+1 (617) 778-7320
HQ Location:
Boise, ID

Social

@SoftraxCorp

A Unified Revenue Management Platform

SOFTRAX and BluLogix together form a unified revenue management platform, connecting monetization, billing, and revenue recognition across the full lifecycle. BluLogix manages the complexity of modern pricing—usage-based models, channel hierarchies, and real-time rating—turning operational data into accurate billable transactions. SOFTRAX ensures those transactions are recognized correctly, applying compliant, audit-ready revenue rules across even the most complex contracts. Together, they eliminate the gap between billing and finance, aligning operational and financial data in a single system. The result is a true lead-to-ledger revenue engine that enables companies to scale new pricing models with confidence, accuracy, and control.

Details

Year Founded
1999