Revenue Management Solutions

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Learn More About Revenue Management Solutions

What are Revenue Management Solutions?

Revenue Management solutions are used to track customer purchases and their corresponding payments. Revenue management solutions can be used by accountants to simply match purchases with payments to ensure that revenue is not lost and to ensure the correct department receives the revenue. The more advanced features of revenue management solutions enable department managers from sales or marketing to track the progress of goods and services sold by the company and make business decisions based on their performance.


Freestanding revenue management solutions can be purchased, but many solutions come with built-in billing solutions, CPQ software, and a CRM. Revenue management solutions are often integrated with Accounting software and larger ERP suites.


Revenue Management Solutions Features

  • Recurring Billing

  • CRM and Accounting Integrations

  • Customer Portal

  • Multi-currency Support

  • Reporting and Analytics

Revenue Management Solutions Comparison

Consider these factors when comparing revenue management solutions:

  • Point Solution vs. Suite: Many revenue management solutions are part of a larger ERP suite of products. Therefore, depending on the needs of your company, you may want to consider a stand-alone solution that specializes in revenue management, or a suite-style solution that has other related products included as well. Suite-style platforms cost considerably more, but may be more efficient if the business needs the other included features as well.

  • Industry: Some revenue management solutions are geared towards a specific industry (such as hospitality, restaurants, or medicine). Products designed for your industry may have more nuanced functionality that can meet the needs of your business better than a generic solution.

  • Scalability: Your company’s total yearly revenue should also play a role in deciding which solution is best. Some revenue management solutions impose a revenue cap at certain subscription levels. Others offer scalable plans. So, if you expect your company to grow significantly, you may want to consider a solution that allows you to do so without major cost increases.


Start a revenue management solutions comparisons here


Pricing Information

Revenue management solutions are generally billed monthly at a rate that is determined by the level of access required by the organization. Basic subscription plans run between $250-$500 per month. Premium plans, which include more seats and a higher revenue cap, run between $600-$1000 per month or higher depending on the size of your company. Some Revenue Management solutions are only one part of a larger ERP suite. In these cases, in order to get pricing information, buyers should reach out and ask for a quote directly from the vendor.

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Frequently Asked Questions

What do revenue management solutions do?

Revenue Management solutions are used by accountants and department managers alike to track customer purchases and payments in order to verify that payments are received as expected and to provide insights as to which products and services are performing well.

What are the benefits of using Revenue Management Solutions?

Implementing a Revenue Management solution helps ensure that no expected revenue is lost by keeping track of all revenue-related transactions. Revenue Management solutions can also provide important insights based on your revenue history in order to help grow your business.

What are the best Revenue Management Solutions products?

Some popular revenue management solutions include:

How much do revenue management solutions cost?

You will pay anywhere between $250-$1000 per month for a stand-alone Revenue Management solution. If you’re looking for a solution that is part of a larger ERP suite, you will have to reach out to the vendor for a custom quote.