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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Discover the ultimate solution for unparalleled revenue management that demands impeccable accuracy in revenue analysis, which can ultimately influence your business's trajectory. With smart automation and tailored screenshots, you can effortlessly compare data across three consecutive years. Stop wasting your resources on revenue tasks that can be automated, and you'll appreciate our innovative price helper. Activate strategies instantly across all channels, featuring over 50 integrated Property Management Systems (PMS) and Channel Managers (CM), both nationally and internationally. Continuously evaluate performance metrics and budgets to uncover new revenue possibilities, all within just a few clicks. Enjoy absolute precision, eliminating errors commonly found in Excel formulas, data gathering, or incorrect integrations. Create and assess every conceivable scenario to capitalize on emerging market opportunities promptly. Our forecasting tool equips you with the essential data needed to navigate your business's direction and make informed, strategic choices. Additionally, the Price Helper efficiently manages revenue through the MyForecast algorithm, which monitors your specified dates and intervals daily, adjusting revenue automatically or requesting your approval as necessary, ensuring you are always in control.

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 
Ericsoft Booking Engine Yes 
HOTELCUBE Yes 
Lighthouse Yes 
Mews Yes 
Microsoft Dynamics 365 No 
NetSuite No 
Passepartout Welcome Yes 
ReviewPro Yes 
SAP Business One No 
Salesforce No 
SiteMinder Yes 
Sovos No 
Thomson Reuters ONESOURCE No 
protel MICE Yes 

Integrations

Aria Yes 
Avalara Yes 
Ericsoft Booking Engine No 
HOTELCUBE No 
Lighthouse No 
Mews No 
Microsoft Dynamics 365 Yes 
NetSuite Yes 
Passepartout Welcome No 
ReviewPro No 
SAP Business One Yes 
Salesforce Yes 
SiteMinder No 
Sovos Yes 
Thomson Reuters ONESOURCE Yes 
protel MICE No 

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 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 Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

MyForecast

Founded

2000

Country

Italy

Website

myforecastrms.com/en/revenue-software/

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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