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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

A revenue management system designed to maximize profits for every aspect of both group and transient business. Move past a traditional, rules-oriented revenue approach and embrace the power of scientific analysis. Rainmaker utilizes sophisticated statistical techniques to ensure its forecasts rapidly adjust to fluctuations, resulting in enhanced stability of outcomes. By taking into account guest activities throughout your establishment, including additional spending, you can increase revenues by 7-10%. This system is grounded in empirical evidence and is not limited by preset regulations. It serves as a comprehensive solution for revenue and profit enhancement. Additionally, it identifies unexpected occurrences or unusual demand trends that human evaluations may overlook. This data-driven micro-segmentation of demand tailors to your hotel's specific business dynamics. With forecasting models that weigh the various factors affecting demand, you can move beyond a simple rules-based approach and adopt a scientifically informed strategy that provides a comprehensive understanding of your business requirements. Ultimately, this system empowers you to make informed decisions that can lead to substantial financial growth.

Description

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. 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.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Aria No 
Avalara No 
Microsoft Dynamics 365 No 
NetSuite No 
SAP Business One No 
Salesforce No 
Sovos No 
Thomson Reuters ONESOURCE No 

Integrations

Aria Yes 
Avalara Yes 
Microsoft Dynamics 365 Yes 
NetSuite Yes 
SAP Business One Yes 
Salesforce Yes 
Sovos Yes 
Thomson Reuters ONESOURCE Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$420.00/month
Pricing starts at $420.00 per month based on usage. Contact SOFTRAX for detailed pricing information.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Cendyn

Founded

1996

Country

United States

Website

www.cendyn.com/rainmaker-revenue-management/

Vendor Details

Company Name

SOFTRAX

Founded

1999

Country

United States

Website

www.softrax.com

Product Features

Revenue Management

Competitor Analysis No 
Dynamic Pricing No 
For Airlines No 
For Hospitality Industry No 
Forecasting No 
Inventory Control No 
Price Optimization No 
Recommendation Engine No 
Yield Management No 

Product Features

Revenue Management

Competitor Analysis No 
Dynamic Pricing Yes 
For Airlines No 
For Hospitality Industry No 
Forecasting Yes 
Inventory Control No 
Price Optimization Yes 
Recommendation Engine No 
Yield Management No 

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