Revenue recognition IFRS15/ASC606

The solution facilitates successful implementation of the new regulation for revenue recognition IFRS 15 / ASC606 the International Financial Reporting standard for revenue from contract with customers in an optimal manner and within the required time schedule, by utilizing solutions devised by SOFTRAX.

SOFTRAX solution is a smart Sub Ledger currently helping hundreds of organizations around the world to comply with all the requirements posed by the new regulation, in an automatic, easy and controlled fashion.

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