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Description
The journey only gets better from this point onward. The PROS Airline Revenue Management software is designed to optimize revenue for every flight, seat, and day. Airlines navigating the digital landscape often encounter challenges at various stages. Whether you need segment-based airline revenue management or comprehensive origin and destination oversight, this software serves as the sophisticated tool that helps stabilize your operations amid a fluctuating marketplace. This insight is drawn from our experience with over 70 top airlines around the world. Our proven strategies have been refined over three decades, ensuring we can deliver results for your needs. With PROS Airline Revenue Management software, you can identify the optimal fare mix that maximizes revenue growth with each flight. For many of our clients, this translates into a quick revenue increase of 1-2 percent. By utilizing advanced methodologies rooted in customer behavior and influence, you can gain a deeper understanding of each market. This comprehensive approach allows airlines to navigate complexities with confidence.
Description
The SOFTRAX Revenue Management System (RMS) is a powerful approach to revenue management. It is the world’s only system that combines best-in-class automation for one-time, milestone, subscription, consumption, and renewal billing and complex revenue recognition in a single solution to streamline the revenue management process. This single solution gives you the freedom to focus on more profitable analytical tasks.
SOFTRAX delivers the only comprehensive solution that supports all forms of complex billing and revenue recognition in accordance with the new ASC 606 and IFRS 15 standards. This unique system drives a high level of automation to advance your back-office functionality toward continuous accounting.
SOFTRAX RMS delivers the industry’s highest level of system-wide automation. This single solution seamlessly integrates with existing ERP, CRM, CPQ, or home-grown systems automating the flow of order and fulfillment data to trigger billing and revenue recognition. The system simultaneously accounts for exchange rate, tax, and payment data to ensure accurate and timely processing.
API Access
Has API
API Access
Has API
Integrations
Aria
Avalara
Microsoft Dynamics 365
NetSuite
Planview Changepoint
SAP Business One
Salesforce
Sovos
Thomson Reuters ONESOURCE
Integrations
Aria
Avalara
Microsoft Dynamics 365
NetSuite
Planview Changepoint
SAP Business One
Salesforce
Sovos
Thomson Reuters ONESOURCE
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$420.00/month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PROS
Founded
1985
Country
United States
Website
pros.com/products/airline-revenue-management-software/
Vendor Details
Company Name
SOFTRAX
Founded
1999
Country
United States
Website
www.softrax.com
Product Features
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Product Features
Billing and Invoicing
Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator
Recurring Billing
Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing
Revenue Management
Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management
Subscription Management
Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics