Case Study: Mindbody achieves automated revenue recognition compliance with SOFTRAX

Mindbody - Customer Case Study

Mindbody, a leading experience technology platform for the fitness, wellness, and beauty industries, needed to automate revenue recognition to support global growth and comply with ASC 606 / IFRS 15. It also wanted a cloud-based solution with strong back-office security and flexible reporting capabilities.

Mindbody chose the SOFTRAX Revenue Management System (RMS), and SOFTRAX delivered a single platform for billing, contract renewals, and revenue recognition. The implementation streamlined revenue management, improved automation and compliance, and helped Mindbody run a secure, world-class back-office environment with efficient, accurate processing.

Mindbody

Chelsey Chernick

VP Corporate Controller