Stop profit leakage
in your hotel
Terrace chases every outstanding folio for you — Online Travel Agency reconciliation, group-block invoicing, and aging follow-ups across every property.
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Catch every dollar before it leaks
Terrace helps hotel finance teams find missed revenue, prevent overpayments, and close with confidence across OTAs, loyalty programs, travel agents, virtual cards, and payments.
Cut manual reconciliation
work by 95%
Eliminate the repetitive AR work that keeps your team buried in spreadsheets, statements, and reservation records.
Recover revenue your team is missing
Terrace finds missing revenue, overcharged commissions, and VCCs that were undercharged, that manual review often misses.
Error-free reconciliation at scale
Catch more billing errors with less manual review. Terrace turns messy receivables into a verified exception queue, with evidence attached to every issue.
From messy statements to recovered revenue
One workflow ingests every source, matches every booking, and turns discrepancies into a clean queue your team can act on.
Connect every OTA, processor, and PMS
Terrace ingests PMS reservations, OTA payout statements, virtual card records, and bank deposits — and normalizes them automatically for matching.
- PMS reservations from Opera, Mews, Cloudbeds, and more
- OTA statements: Expedia, Booking.com, Airbnb, Hotels.com
- Virtual cards, payment processors, and bank deposits
Auto-calculated expected payouts for every booking
Terrace applies your commission rates, cancellation policies, and channel rules — calculating what each partner should pay you down to the cent.
- Channel-specific commission rules
- Cancellation and modification handling
- Virtual card validation against expected amounts
Know exactly what's wrong, and why
Terrace AI classifies every discrepancy — commission mismatch, underpayment, missing record, or VCC issue — with source evidence attached and ready for dispute.
- Surfaces only exceptions worth reviewing
- Categorized and ranked by recovery value
- Source statement lines and PMS evidence auto-attached
Resolve disputes before windows close
Every exception lands in a recovery queue with attached evidence, deadline tracking, and one-click dispute submission — so revenue doesn’t become unrecoverable.
- Built-in deadline tracking per channel
- Status tracking from open → submitted → recovered
- Audit trail and reporting for finance leadership
Explore hotel accounts receivable reconciliation workflows
Automate the AR workflows that slow down hotel accounting teams, from OTA invoices and commission claims to loyalty reimbursements and payment reconciliation.
Reconcile OTA invoices, commissions, payments, and PMS records
Match OTA statements against PMS stays, cancellations, no-shows, payment records, and accounting postings.
Validate travel agent commission claims before they get paid
Match commission claims against PMS stays, rate codes, IATA details, prior payments, and dispute history.
Match loyalty redemptions and reimbursements automatically
Reconcile brand loyalty statements against PMS stays, point redemptions, reimbursement amounts, and accounting records.
Tie merchant deposits back to bookings, folios, and PMS records
Match credit card settlements, VCCs, refunds, chargebacks, and deposits against PMS and accounting records.
Stop profit leakage in your hotel. Recover what’s yours.
See how much revenue you’re missing — with a free reconciliation audit on your last 90 days of bookings.