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About

Increase your revenue with flexible pricing. The intelligent algorithm calculates daily profitable price suggestions based on the most relevant data. Benefit from our intelligent warning system which will safe you lots of time. You do not have to go through piles of excel sheets anymore as our software brings clarity to the big amount of data. Within our stable price algorithm, the following data is taken into consideration, historical and actual booking situation, competitors, market demand, weather, guest reviews, events and holidays. The automation of the workflow and the integration of your existing systems will save you a lot of time and helps to prevent mistakes in data maintenance. Having a proper pricing strategy is key to any hotel & resort. Let us introduce you to the basics of revenue management in the hotel industry, how to apply pricing and length-of-stay tools and how to measure your revenue performance and increase your profit.

About

The SOFTRAX Revenue Management System (RMS) automates the full lifecycle of revenue recognition and revenue management, enabling companies to spend less time managing compliance and more time driving growth. Purpose-built for complex, high-volume environments, SOFTRAX RMS centralizes contract data, applies configurable revenue rules, and ensures accurate, audit-ready revenue outcomes across subscription, usage-based, and hybrid models. As a comprehensive, multi-tenant cloud platform, SOFTRAX RMS supports multi-element arrangements, contract modifications, variable consideration, and event-driven revenue recognition. It delivers continuous accounting, real-time visibility into revenue performance, and seamless compliance with ASC 606 and IFRS 15. With SOFTRAX RMS, organizations gain the automation, control, and financial clarity needed to adapt to evolving pricing strategies while maintaining precision and confidence in their revenue.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Hotels and accommodation businesses seeking a revenue management solution to optimize their price strategy

Audience

Enterprise organizations looking for a powerful revenue recognition and management solution.

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$420.00/month
Pricing starts at $420.00 per month based on usage. Contact SOFTRAX for detailed pricing information.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

RateBoard
Founded: 2015
Germany
www.rateboard.io/en/revenue-management-software

Company Information

SOFTRAX
Founded: 1999
United States
www.softrax.com

Alternatives

Alternatives

Aptitude RevStream

Aptitude RevStream

Aptitude Software
 Smartpricing

Smartpricing

Smartpricing
Tabs

Tabs

Tabs.com

Categories

Categories

Revenue Management Features

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Integrations

5stelle*
AIDA64
Aria
Beds24
Citadel.one
Clock PMS+
Ericsoft Booking Engine
GMS Accounting Software
Mews
Microsoft Dynamics 365
NetSuite
Notified Governance Hotline
Opera
Passepartout Welcome
Planview ChangePoint
SAP Business One
SiteMinder
Thomson Reuters ONESOURCE
apaleo
protel MICE

Integrations

5stelle*
AIDA64
Aria
Beds24
Citadel.one
Clock PMS+
Ericsoft Booking Engine
GMS Accounting Software
Mews
Microsoft Dynamics 365
NetSuite
Notified Governance Hotline
Opera
Passepartout Welcome
Planview ChangePoint
SAP Business One
SiteMinder
Thomson Reuters ONESOURCE
apaleo
protel MICE
Claim RateBoard and update features and information
Claim RateBoard and update features and information
Claim SOFTRAX Revenue Management System and update features and information
Claim SOFTRAX Revenue Management System and update features and information