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Description

Cherrywork®️ Intelligent Price Management offers a comprehensive cloud-based solution designed to address all your pricing challenges, encompassing everything from deal management to price execution, administration, and analytics with enhanced ease and dependability. This unified platform efficiently handles pricing for both the buying and selling sides by leveraging sophisticated machine learning algorithms to suggest optimal product prices. It tracks real-time values and variations across multiple metrics, such as revenue, profit, margin, visitor numbers, and conversion rates. Furthermore, it grants complete visibility into various price books, along with pertinent details like creation dates, the individuals responsible for each price book, and their current statuses. Our clear and transparent pricing methodology significantly minimizes delays in processes that stem from pricing data discrepancies. Additionally, the powerful machine learning models enable you to anticipate the potential effects of pricing adjustments prior to their execution, allowing for more strategic decision-making. This innovative approach ultimately enhances your pricing strategy and operational efficiency.

Description

Revolutionizing hotel revenue management worldwide across more than 100 markets, LodgIQ RM is transforming the approach that hoteliers take towards maximizing their revenue. Utilizing advanced data science and machine learning techniques, our technology provides real-time optimized pricing suggestions that enhance decision-making. This leads to improved forecasting accuracy, more strategic room pricing, and a significant return on investment. Additionally, RM Droid functions as an automated revenue management assistant that operates seamlessly in the background, employing sophisticated machine learning algorithms to make informed, data-driven decisions continuously. The integration of these technologies not only streamlines operations but also empowers hoteliers to stay competitive in a dynamic market.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Frontdesk Anywhere No 
IQware No 
Infor HMS No 
Lighthouse No 
Metazoa Snapshot No 
Mews No 
MyHMS No 
Pegasus No 
Protel Cloud PMS No 
RMS Cloud No 
RateTiger No 
SAP Store Yes 
SiteMinder No 
Stayntouch PMS No 
Storable Newbook No 
protel MICE No 
roommaster No 

Integrations

Frontdesk Anywhere Yes 
IQware Yes 
Infor HMS Yes 
Lighthouse Yes 
Metazoa Snapshot Yes 
Mews Yes 
MyHMS Yes 
Pegasus Yes 
Protel Cloud PMS Yes 
RMS Cloud Yes 
RateTiger Yes 
SAP Store No 
SiteMinder Yes 
Stayntouch PMS Yes 
Storable Newbook Yes 
protel MICE Yes 
roommaster Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

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

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Incture Technologies

Founded

2006

Country

India

Website

www.cherrywork.com/intelligent-price-management

Vendor Details

Company Name

LodgIQ

Founded

2015

Country

United States

Website

lodgiq.com

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis Yes 
Forecasting Yes 
Market Analysis Yes 
Multi-Store Management Yes 
Price List Management Yes 
Price Optimization Automation Yes 
Pricing Analytics Yes 
Profitability Analysis No 
Scenario Planning Yes 

Revenue Management

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

Alternatives

Alternatives

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Smartpricing