Terrace
Terrace: A finance platform for hotel groups managing OTA, PMS, payment, and multi-property reconciliation. Ranked #5 of 34 in Hotel Accounting Software by our editors (8.9/10); pricing: Pricing on request; best for OTA-heavy hotel portfolios.
At a glance
- Editor score8.9 / 10
- PricingPricing on request
- Best forOTA-heavy hotel portfolios
- Multi-property accountingYes
- Facts checked21 Sep 2026
Where it wins
- Reconciles OTA statements, commissions, folios, and payments
- Supports consolidated close and drill-down portfolio reporting
- Connects PMS, accounting, OTA, and payment systems
Where it doesn't
- Uses a contact-sales pricing model
- Focused on lodging finance rather than broad general accounting
- Its broad workflow scope may exceed the needs of a single property
Our verdict on Terrace
Terrace is hotel accounting software for lodging finance teams, hotel groups, management companies, and asset managers. Its core workflows cover accounts receivable, accounts payable, PMS-to-GL reconciliation, invoice processing, exception handling, portfolio reporting, and audit trails. The platform is particularly suited to portfolios that need to reconcile OTA statements, commissions, folios, payments, and property-level finance activity across multiple hotels.
Terrace uses a contact-sales pricing model. Its capabilities are organized around finance operations rather than published self-service plans: invoice capture with line-item OCR, GL coding and synchronization, approval routing, consolidated close, exception queues, dispute evidence, and reporting with property and department drill-downs. AI agents support reconciliation, invoice coding, and reporting, while audit trails provide a record of approval activity. This combination is relevant for teams replacing spreadsheet-heavy controls with structured, multi-property processes.
Its integration set spans hotel property-management systems including Opera, Mews, Cloudbeds, StayNTouch, and RoomRaccoon; accounting systems such as QuickBooks, Sage Intacct, NetSuite, and Yardi; OTAs including Booking.com, Expedia, and Airbnb; and Stripe for payments. That ecosystem fit gives Terrace a clear role between operational hotel systems and financial ledgers. Hotel groups and management companies should consider it when OTA reconciliation, consolidated reporting, and exception management are central requirements. A single property with limited reconciliation volume or a team seeking a general-purpose accounting product may prefer a narrower or broader alternative, respectively.
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Terrace pricing
Terrace fact sheet
| Free plan | Not verified |
|---|---|
| Paid from | Not verified |
| Property limit | Not verified |
| Multi-property accounting | Yes |
| Bank reconciliation | Yes |
| Consolidated reporting | Yes |
| Payroll accounting | Not verified |
| Department reporting | Yes |
| Audit trail | Yes |
| Built for | Small business, Mid-market, Enterprise (editorial estimate) |
| Integrations | 50+ integrations: Opera, Mews, Cloudbeds, StayNTouch, RoomRaccoon, QuickBooks … See all → |
| Pricing | Pricing on request |
| Website | useterrace.ai |
| Facts checked | 21 Sep 2026 |
Terrace integrations
Terrace lists 50+ integrations on its own site — the 13 named here are the ones its pages call out.
- Opera
- Mews
- Cloudbeds
- StayNTouch
- RoomRaccoon
- QuickBooks
- Sage Intacct
- NetSuite
- Yardi
- Booking.com
- Expedia
- Airbnb
- Stripe
See all Terrace integrations →
Alternatives to Terrace
- Hotel Investor AppsA broad hotel accounting ERP for groups managing property and corporate finances.9.4
- Data PlusA strong fit for hotel finance teams managing USALI reporting and multiple properties.9.3
- Aptech PVNGHotel-focused accounting with multi-property consolidation, controls, imports, and financial reporting.9.2
See all Terrace alternatives →
Terrace vs the competition
- Terrace vs Hotel Investor Apps
- Terrace vs Data Plus
- Terrace vs Aptech PVNG
- Terrace vs Inn-Flow
- Terrace vs HotelBee Accounting
- Terrace vs Docyt
Compare Terrace with any tool side by side →
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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