Shelton, CT and Canton, MA (PRWEB) February 28, 2006
Active Endpoints, Inc. (http://www.active-endpoints.com), a leading provider of BPEL (Business Process Execution Language) solutions, today announced a strategic technology and business alliance with Softrax Corporation (http://www.softrax.com), a leading provider of enterprise billing and revenue management solutions. Under the terms of the alliance, Softrax will work with Active Endpoints' ActiveBPEL™ technology to provide a streamlined environment, based on the Softrax Service-Oriented Architecture and BPEL, to enhance the next generation of its revenue management solutions. The BPEL capabilities provided by ActiveBPEL enable Softrax customers to more quickly and flexibly combine company and industry specific business processes with Softrax applications. As a result, Softrax customers can more clearly and efficiently implement best practices for revenue management throughout the enterprise, improving operational efficiency and their ability to sustain compliance with financial reporting regulations.
“New business models and regulatory requirements are making it harder for many companies to implement comprehensive revenue management policies,” said Ted Bardasz, Vice President of Research and Development, Softrax. “More than ever, companies need a solution that can effectively apply best practices for managing complex revenue across their full range of business models. Active Endpoints’ technology allows us to easily utilize the BPEL standard with our Web services based enterprise software framework and applications so customers can rapidly and cost-effectively incorporate Softrax revenue management solutions within company-specific business processes.”
Softrax solutions fundamentally change the way companies manage, analyze, report and forecast their revenue, helping to maximize their revenue, reduce operating expenses and comply with revenue recognition regulations and Sarbanes-Oxley requirements.
ActiveBPEL is a family of standards-compliant, platform-neutral SOA integration products that form the foundation for enterprise class services orchestration. Leveraging the power of the BPEL standard, process architects and application developers use ActiveBPEL Designer to create and test BPEL process compositions, and then deploy those processes to commercial grade ActiveBPEL Enterprise servers. The ActiveBPEL suite significantly reduces the time and complexity required to implement composite, service-oriented applications.
“Active Endpoints is pleased to partner with Softrax, the market leader in revenue management software solutions,” said Andrew Dennis, VP Corporate Development, Active Endpoints. “Today, open standards-based technologies are allowing thousands of organizations to automate multi-step business processes to achieve unprecedented efficiencies by leveraging existing infrastructure investments. ActiveBPEL allows Softrax to deliver a more flexible, process-driven infrastructure of reusable components and services to support its customers’ changing business requirements while also reducing their integration costs.”
About Active Endpoints, Inc.
Active Endpoints is the leading provider of BPEL (Business Process Execution Language) solutions. Active Endpoints’ solutions enable organizations to go beyond simple application connections to build and deploy composite, process-driven information systems based on BPEL, the next generation Web services orchestration standard. From open source to mission critical deployments, Active Endpoints empowers IT organizations to quickly adapt to evolving customer demands – reducing the cost of integration, leveraging infrastructure investments and enabling the sharing of business processes with customers, partners and suppliers.
More financial services, government, telecommunications, high technology, and retail organizations use Active Endpoints’ solutions than any other BPEL technology. Headquartered in Shelton, Connecticut, Active Endpoints is privately held. More information is available at http://www.active-endpoints.com.
Softrax Corporation is a leading provider of enterprise billing and revenue management solutions that fundamentally change the way companies manage, analyze, report and forecast their revenue. Softrax solutions automate the entire revenue cycle, from complex billing and contract renewals, through revenue recognition, reporting, and forecasting. Hundreds of corporations benefit from using Softrax to maximize their revenue, reduce operating expenses and comply with revenue recognition regulations and Sarbanes-Oxley requirements. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at http://www.softrax.com, http://www.revenuerecognition.com, and by calling 1.888.4 SOFTRAX.
ActiveBPEL is a trademark of Active Endpoints, Inc. Softrax is a registered trademark of Softrax Corporation. All other company and product names are the property of their respective owners.