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What is SOFTRAX Revenue Management System?

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.

What is MyForecast?

Unveil the ultimate answer for exceptional revenue management that requires flawless accuracy in revenue assessment, significantly shaping the future of your business. By utilizing intelligent automation and customized visual aids, you can seamlessly analyze and compare data from three consecutive years. Eliminate the inefficiency of manual revenue tasks that are ripe for automation, and you will value our groundbreaking price assistant. Instantly implement strategies across all platforms, boasting integration with over 50 Property Management Systems (PMS) and Channel Managers (CM) on both national and international levels. Regularly assess performance indicators and financial plans to reveal fresh revenue opportunities, all achieved with just a few clicks. Experience unmatched precision, eradicating common errors found in Excel calculations, data collection, or faulty integrations. Formulate and evaluate every potential scenario to swiftly seize emerging market opportunities. Our forecasting tool provides you with critical information necessary for steering your business and making astute, strategic decisions. Moreover, the Price Helper adeptly oversees revenue management through the MyForecast algorithm, which daily tracks your designated dates and periods, adjusting revenue autonomously or seeking your consent as needed, ensuring you maintain complete control. This comprehensive approach not only enhances revenue accuracy but also allows for more strategic planning and execution in a dynamic marketplace.

Media

Media

Integrations Supported

Aria
Avalara
Ericsoft Booking Engine
HOTELCUBE
Lighthouse
Mews
Microsoft Dynamics 365
NetSuite
Passepartout Welcome
Planview ChangePoint
ReviewPro
SAP Business One
Salesforce
SiteMinder
Sovos
Thomson Reuters ONESOURCE
protel MICE

Integrations Supported

Aria
Avalara
Ericsoft Booking Engine
HOTELCUBE
Lighthouse
Mews
Microsoft Dynamics 365
NetSuite
Passepartout Welcome
Planview ChangePoint
ReviewPro
SAP Business One
Salesforce
SiteMinder
Sovos
Thomson Reuters ONESOURCE
protel MICE

API Availability

Has API

API Availability

Has API

Pricing Information

$420.00/month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SOFTRAX

Date Founded

1999

Company Location

United States

Company Website

www.softrax.com

Company Facts

Organization Name

MyForecast

Date Founded

2000

Company Location

Italy

Company Website

myforecastrms.com/en/revenue-software/

Categories and Features

Revenue Management

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

Categories and Features

Revenue Management

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

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