WeYield

WeYield is a revenue management software designed to assist car rental operators in optimizing their pricing, demand forecasting, and fleet management strategies. According to the vendor, this software is tailored for small to large car rental companies, including franchisees and independent operators. It is used by professionals in revenue management, pricing, operations, sales, and marketing within the car rental industry.

Key Features

Car Performance Index: According to the vendor, this feature allows users to compare their performance with local competitors, monitor and analyze revenue quality, and track market trends to make informed adjustments to pricing strategies.

Forecast: The vendor states that this feature enables users to gain insights into future bookings and utilization, anticipate demand, and adjust fleet size accordingly. It also provides an instant view of fleet availability.

Rateshop: According to the vendor, this feature allows users to track pricing from competitors, save time in data collection, and control rate parity to effectively adjust pricing strategies.

Piloting: The vendor claims that this feature automatically refreshes data every day, allowing users to monitor booking trends, anticipate demand, and predict and adjust fleet based on demand fluctuations.

Insights: According to the vendor, this feature provides actionable recommendations to grow revenue. It offers pricing recommendations on market segments, car types, and stations, and helps identify late or advance bookings compared to previous pace.

Air Analytics: The vendor states that this feature allows users to compare air traffic with on-rent vehicles, anticipate car check-outs vs air passenger arrivals, and identify discrepancies to correct pricing strategies.

Target: According to the vendor, this feature helps users plan sales strategies and set targets. It enables analysis of historical data to make data-driven decisions and provides monitoring of performance to adjust strategies accordingly.

Reporting: The vendor claims that this feature allows users to monitor and analyze performance metrics, generate customized reports for data analysis, and track revenue quality to identify areas for improvement.