Compliant revenue reporting in 5 steps
Configuring integrations shouldn’t take more time than preparing your books. The Chargebee-Softrax integration is simple. You can configure it in just 5 steps!
Automate the billing and accounting dialog
No more mundane data entry work for your finance team. Drive efficiency into your financial operations while maintaining hygiene in your accounting books.
Automated Revenue Management
Sync all subscription data including invoices, credit notes, plans, pricing, etc from Chargebee to Softrax and monitor all your performance obligations from within Softrax. Pick the revenue template that suits you best in your Softrax account and watch the revenue recognition magic happen automatically.
Accurate Revenue Allocation
With this integration, you can calculate and estimate Standalone Selling Price for all your products (SSP) and map to each performance obligation. You can define your revenue allocation rules for different products/services based on how you choose to bundle it.
ASC-606 & IFRS-15 Compliant Revenue Recognition
Subscription data flows seamlessly from Chargebee to Softrax to give you compliant and timely revenue reports. You can also generate different dimensions of your revenue recognition reports - by product, customer, account, region etc. depending on how your General Ledger accounts are configured.