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Tech riderRev. 24 Sept 2026

Softrax Lease Accounting

Ch 436.0of 56Lease Accounting Software
  1. 1Standards supportedboth
  2. 2Disclosure reportingYes
  3. 3Journal entriesYes
3 lines stated Written from the maker's own pages: softrax.com
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Overview

Softrax Lease Accounting is ranked #43 of 56 in lease accounting software on Specifiction.

Compared on lease accounting software

Standards supported
bothsoftrax.com
Disclosure reporting
Yessoftrax.com
Journal entries
Yessoftrax.com

Facts

Product scope
SOFTRAX’s opened product pages describe RMS as an order management, billing, contract renewal management, and revenue recognition system; they do not state lease accounting features.rms.softrax.com · 5 Oct 2026
Billing
RMS supports subscription, consumption, one-time, and milestone billing models.rms.softrax.com · 5 Oct 2026
Revenue accounting
RMS’s revenue subledger conforms to ASC 606 and IFRS 15 and supports multiple currencies and entities.rms.softrax.com · 5 Oct 2026
Renewal management
RMS tracks pending renewals, allowed renewal upticks, and co-terminations with contract history.rms.softrax.com · 5 Oct 2026
Integrations
SOFTRAX says RMS integrates with more than 200 ERP systems and connects with CRM, CPQ, and other systems.rms.softrax.com · 5 Oct 2026
Cloud and controls
SOFTRAX describes RMS as a multi-tenant cloud platform with a secure, auditable, and controlled processing environment.rms.softrax.com · 5 Oct 2026
Security operations
SOFTRAX lists Microsoft Azure for cloud storage and data processing, Datto for backup solutions, and Snowflake for database SaaS hosting among its subprocessors.softrax.com · 5 Oct 2026
Support
SOFTRAX lists product support at [email protected] and +1 617 778 2226.softrax.com · 5 Oct 2026
Pricing
The opened SOFTRAX product page directs prospective customers to contact sales to schedule a 30-minute consultation and gives no price.rms.softrax.com · 5 Oct 2026
Company experience
SOFTRAX says it has over 25 years of experience in revenue management.softrax.com · 5 Oct 2026

Best Softrax Lease Accounting alternatives

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All accessCh 01 16Leases Free planFree trialiOS Free to start7.8 All accessCh 02 iLeasePro Free planFree trialWeb from $149/mo7.4 All accessCh 03 LeaseAccounting.app Free planFree trialWeb from €149/mo7.3 All accessCh 04 Planon Free trialAndroidAPI 7.2 All accessCh 05 Infor Public Sector AndroidAPI 6.9 All accessCh 06 LeaseLedger Free planWeb Free to start6.8

Where it ranks on Specifiction

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Sources