G2

Verified User in Computer Software

Small-Business (50 or fewer emp.)

6/17/2019

"With Softrax we were confident our revenue recognition was correct. "

4.5/5

What do you like best about SOFTRAX?

The deferred revenue calculation and amortization tables were critical to our organization. We invoiced in multiple currencies world wide that ability made our work much easier. Review collected by and hosted on G2.com.

What do you dislike about SOFTRAX?

The system could be a little clunky and moving from period to period could be difficult Review collected by and hosted on G2.com.

Recommendations to others considering SOFTRAX:

Softrax provides a clear breakdown of the revenue recognition calculations. The correct amortization of deferred revenue was critical to our organization, we would not have had confidence in that amortization without Softrax Review collected by and hosted on G2.com.

What problems is SOFTRAX solving and how is that benefiting you?

Confidence in our financials increased - the financials and records were easily auditable. We sold our software with the license and maintenance bundled, Softrax was able to provide us with clear revenue recognition. We sold through resellers and also direct to customers, softrax facilitated that process. Review collected by and hosted on G2.com.