Automating Revenue Processes to Integrate Acquisitions

When Accellos was launched by the merger of two acquisitions, the finance team had only weeks to deliver a financial infrastructure that could manage all aspects of their complex revenue processes. Softrax automated the entire revenue cycle, including maintenance renewals and deferred revenue, providing a single system that easily integrates acquisitions...+ read more

Coordinating Complex Billing and Revenue Recognition

Managing rapid growth, complicated pricing, and changes to their business model required this mobile messaging provider to eliminate manual accounting processes...+ read more

Preparing Revenue Processes for Going Public

A very fast-growing private company, on its way to becoming a fast-growing public company, had to rethink and rebuild its financial systems to keep pace with the business. Spreadsheets and manual financial processes had to be eliminated... + read more

Scaling Up With a Subscription Licensing Model

When the products of this auto insurance solutions provider really took off, they left the company’s primary accounting tools in the dust. With a subscription-based business model, the company had complex bills, revenue recognition requirements, and challenges in contract management...+ read more

Integrating disparate financial systems with ERP

Harland Financial Solutions needed to replace the collection of accounting systems owned by their many subsidiaries with one, consistent system that could manage billing renewals and deferred revenue...+ read more

Automating Deferred Revenue to Increase Productivity

By centralizing their customer installation data and automating maintenance renewals, billings, and deferred revenue, Taxware (now ADP Taxware) is able to spend considerably more time on analysis and planning...+ read more

Implementing Tighter Controls for Sarbanes-Oxley Compliance

Tumbleweed's financial infrastructure comprised two enterprise systems and more than a dozen spreadsheets. As a result, reconciling financial transactions required a great deal of manual intervention, introducing delays and potential inaccuracies into the reporting process. A new approach to revenue management improved internal controls, visibility, and flexibility...+ read more

Streamlining financial processes across multiple acquisitions

Over the years this municipal solutions provider acquired ten companies and ten different customer databases. As a result, accounting and finance processes became highly fragmented. Capturing 100% of their maintenance renewal and services revenue was nearly impossible. The company selected Softrax to create an enterprise system to consolidate its account information...+ read more

Automating software and service revenue reporting in one system

When this software developer acquired a services company, they needed new tools and accounting systems to help merge and manage the two businesses. A new revenue management system provided an integrated financial infrastructure, productivity improvements throughout the company, and unprecedented control over project profitability...+ read more

Automating accounting to improve billing, renewals and channel performance

Actify implemented a new revenue management system to centralize and automate a complex accounting function involving resellers worldwide. Actify is now able to drive maintenance renewal revenue directly from the finance department, and to provide business analyses for improved product and channel performance...+ read more

Establishing financial transparency and accuracy for acquisition

An integrated and automated system brought sharp improvements in productivity, maintenance renewals, and reseller satisfaction. When the company was acquired, the system played a significant role in the transaction by demonstrating financial continuity, transparency, and accuracy...+ read more