Softrax

Softrax is a Privately Owned company headquartered in the United States, with Parent Company TELEO Capital. Founded in 1999, it employs approximately 60 individuals. The company focuses on providing video business systems, specializing in automating complex billing and revenue recognition processes. Its solutions are designed to help businesses manage various billing models, including subscription and usage-based billing, while ensuring compliance with revenue accounting standards such as ASC 606 and IFRS 15.