Case Study: Vastera achieves scalable financial operations and SOX compliance with Softrax

Establishing Enterprise Revenue Processes To Support M&A And Compliance

Vastera, a global trade management leader, faced growing financial complexity as it expanded through acquisitions and international operations. The company needed a more scalable, end-to-end billing and revenue management system to replace desktop accounting tools, with strong support for deferred revenue, renewal billing, and Sarbanes-Oxley compliance. Vastera selected Softrax to help standardize and manage these financial processes.

Softrax implemented a standardized financial platform that let Vastera track customers, contracts, products, invoicing, and deferred revenue across multiple geographies and business models. The result was better visibility into the customer base, streamlined finance operations, and the ability to run with fewer people. Softrax also supported Vastera’s shift to subscriptions and managed services, while providing the controls and documentation needed for compliance.

Vastera

David Souders

Controller of US Operations