Softrax
25 Case Studies
A Softrax Case Study
Accellos, a global provider of logistics, warehouse, transportation, and mobile fleet management solutions, needed to rapidly build a financial infrastructure after merging two acquisitions. With separate accounting systems, heavy spreadsheet use, and no reliable audit trail, the finance team needed Softrax to manage deferred revenue, maintenance renewals, and other complex software-company accounting requirements in one system.
Softrax implemented a centralized platform to automate billing, renewals, revenue management, GL functions, and professional services automation for Accellos. The result was faster, more accurate financial operations, complete deferred revenue automation, clearer audit trails, on-time monthly closes, and “push-button” reporting, while also making future acquisitions easier to integrate without adding headcount.
Sheila Geffre
Controller