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Softrax Executive Webcast Managing Revenue Recognition in Concert with...

Softrax Corporation, a leading provider of enterprise revenue management and billing solutions today announced that it will present a live webcast in association with the Oracle Applications Users Group to examine how to enhance Oracle Financials with advanced revenue recognition capabilities. This one-hour event will be held on Monday, March 31st at 1PM Eastern time, and will be presented by Dr. Richard Moore, Director of Revenue Solutions at Softrax, and hosted by Robert O'Connor, President and CEO of Softrax Corporation.

According to research from RevenueRecognition.com and IDC, 92% of public companies still use spreadsheets for one or more critical revenue recognition tasks. This is primarily because the revenue policies of most companies are not systemically implemented throughout the enterprise. This webcast will look specifically at how Oracle Financials can be enhanced with capabilities that fully automate, monitor and manage revenue recognition on an enterprise-wide basis.

Highlights of Managing Revenue Recognition in Concert with Oracle Financials:

-    Control all critical revenue processes, including revenue allocation, scheduling, recognition, compliance and reporting

-    Support complex revenue management processes without slowing down your existing order-to-cash process

-    Analyze and forecast revenue recognition accurately, and in time to enhance strategic decisions

-    Prevent badly-timed and misstated revenue

-    Fully implement, monitor and manage your revenue recognition policy

This interactive webcast is presented at no charge, compliments of Softrax Corporation. Please register at http://www.softrax.com/executive-webcast or call Toll Free 1.888.476.3672.

About Softrax

Softrax Corporation is a leading provider of enterprise revenue management and billing software solutions that fundamentally change the way companies manage, analyze, report and forecast their revenue. Softrax solutions automate the entire revenue cycle, from revenue recognition, reporting and forecasting, through complex billing and contract renewals. Hundreds of corporations benefit from using Softrax to optimize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at www.softrax.com, www.revenuerecognition.com and by calling 1.888.4.SOFTRAX.

Media Contact

Linda Wilson

Softrax Corporation

781.830.9308

press@softrax.com

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