An effectual revenue management system of an enterprise basically works on the automated linkup of numerous financial aspects that include pricing, contracts, orders, and incentives. Another aspect to enhance the effectivity of a revenue management software is to make it operate on a platform that aligns various processes of all departments (sales, production, marketing, finance, operations, human resource), thus improvising the enterprise to work under the right exposure, along with managing its chief revenue risk factors.
A revenue management...