Intacct Offers Free Service to Softrax Customers

Web-based software developer Intacct is offering customers of Canton, Mass-based revenue and billing software provider Softrax Corp. six months of free service of its cloud financial applications.

Intacct’s offer follows this week’s acquisition of Softrax assets by Phoenix, Ariz.-based AFS Technologies (see AFS Technologies Acquires Assets of Softrax Corp.). The offer aims to address concerns that Softrax customers may have about the future of their accounting and revenue management system following the acquisition.

The offer comes with a 100 percent money-back guarantee for customers that migrate to Intacct’s enterprise resource planning system. “If for any reason they don’t end up going live on our system, they don’t pay us anything,” said Intacct spokesman Peter Olson. He noted the offer is currently available through the end of the first quarter of 2010.

The Intacct Lifeline of revenue management and billing services includes fixed price implementation and conversion services, and U.S.-based support and unlimited online training at no added charge.

AFS Financial Solutions, a wholly owned subsidiary of AFS, will manage Softrax’s acquired assets. "The AFS acquisition is the perfect catalyst for Softrax customers to join the Intacct family,” said Daniel Druker, senior vice president of marketing and business development at Intacct, in a statement.

For more information, visit http://us.intacct.com/pr/lifeline/.

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Technology M&A
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