Related Products
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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.
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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.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Hotels and accommodation businesses seeking a revenue management solution to optimize their price strategy
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Audience
Enterprise organizations looking for a powerful revenue recognition and management solution.
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Free Trial
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Pricing
$420.00/month
Pricing starts at $420.00 per month based on usage. Contact SOFTRAX for detailed pricing information.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationRateBoard
Founded: 2015
Germany
www.rateboard.io/en/revenue-management-software
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Company InformationSOFTRAX
Founded: 1999
United States
www.softrax.com
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Categories |
Categories |
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Revenue Management Features
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
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Integrations
5stelle*
AIDA64
Aria
Beds24
Citadel.one
Clock PMS+
Ericsoft Booking Engine
GMS Accounting Software
Mews
Microsoft Dynamics 365
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Integrations
5stelle*
AIDA64
Aria
Beds24
Citadel.one
Clock PMS+
Ericsoft Booking Engine
GMS Accounting Software
Mews
Microsoft Dynamics 365
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