Avoiding Revenue Reporting Risks: a Softrax Executive Webcast with Protiviti

Business Wire, Dec 11, 2007

Protiviti Managing Director Provides an Insider's Perspective and Practical Solutions

CANTON, Mass. -- Softrax Corporation, a leading provider of enterprise revenue management and billing solutions today announced that it will host an executive Webcast to examine practical solutions for revenue recognition and reporting challenges. The event will be held on Tuesday, December 18(th) at 1PM Eastern time, and will feature Erik Stone, Managing Director, Protiviti and Robert O'Connor, President and CEO, Softrax. Protiviti is a leading provider of independent risk consulting and internal audit services.

Revenue reporting processes are the basis for the most critical, visible and scrutinized number a company publishes. Yet due to the limitations of most enterprise systems, these processes are often handled as manual tasks ungoverned by the application controls that should be in place to ensure compliance and minimize risk. In this Webcast, Mr. Stone will provide an insider's perspective on identifying critical/material weaknesses in enterprise processes and offer specific advice for managing them.

Practical Solutions for Revenue Recognition and Reporting Challenges

* Business process risks that affect revenue recognition and reporting

* Frequent compliance challenges

* Building revenue recognition into your enterprise processes

* Best practices for revenue recognition processes

This live, interactive event is presented free of charge by Softrax Corporation. Please register by visiting www.softrax.com/executive-webcast or call 1.888.476.3872.

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 maximize 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.