ROH

About ROH

ROH is a payments and revenue management platform designed specifically for the hospitality industry, enabling hotels to manage sales, payments, and financial processes in one integrated system. By automating workflows and providing real-time data insights, ROH addresses inefficiencies in contract-driven revenue management, helping properties increase sales conversion and reduce operational costs.

```xml <problem> Hotels often struggle with fragmented systems and manual processes for managing sales, payments, and financial operations related to contract-driven revenue, leading to inefficiencies and lost revenue opportunities. Sales, finance, and back-office teams rely on outdated technology, resulting in process inefficiencies and wasted resources. This lack of integration hinders collaboration and real-time visibility into revenue and cash flow. </problem> <solution> ROH provides a unified sales and payments management platform designed specifically for the hospitality industry, enabling hotels to manage sales, payments, and financial processes in one integrated system. The platform automates workflows, connects disparate systems, and provides real-time data insights, streamlining operations from booking to payment reconciliation. By centralizing sales and finance processes, ROH helps properties increase sales conversion rates, reduce operational costs, and improve collaboration between sales, service, and finance teams. The cloud-based platform offers features for payment processing, AR + accounting management, booking documentation, and revenue forecasting. </solution> <features> - Workflow automation to efficiently move bookings from sales to service to finance - Payment processing to manage and streamline payment tracking - AR + accounting management for seamless reconciliation and booking tracking - Booking documentation to track contract lifecycles and payment schedules - Data and insights providing real-time revenue and cash forecasts - Centralized back-office to consolidate cost structures and standardize sales and finance processes - Cloud-based platform for quick setup and integration with existing tech stacks </features> <target_audience> ROH primarily targets hotels, hospitality brands, and operating groups looking to streamline their sales, payments, and financial operations related to contract-driven revenue. </target_audience> ```

What does ROH do?

ROH is a payments and revenue management platform designed specifically for the hospitality industry, enabling hotels to manage sales, payments, and financial processes in one integrated system. By automating workflows and providing real-time data insights, ROH addresses inefficiencies in contract-driven revenue management, helping properties increase sales conversion and reduce operational costs.

Where is ROH located?

ROH is based in East New York, United States.

When was ROH founded?

ROH was founded in 2023.

How much funding has ROH raised?

ROH has raised 10600000.

Location
East New York, United States
Founded
2023
Funding
10600000
Employees
33 employees
Major Investors
1Sharpe Ventures

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ROH

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Executive Summary

ROH is a payments and revenue management platform designed specifically for the hospitality industry, enabling hotels to manage sales, payments, and financial processes in one integrated system. By automating workflows and providing real-time data insights, ROH addresses inefficiencies in contract-driven revenue management, helping properties increase sales conversion and reduce operational costs.

roh.co1K+
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Crunchbase
Founded 2023East New York, United States

Funding

$

Estimated Funding

$10M+

Major Investors

1Sharpe Ventures

Team (30+)

No team information available.

Company Description

Problem

Hotels often struggle with fragmented systems and manual processes for managing sales, payments, and financial operations related to contract-driven revenue, leading to inefficiencies and lost revenue opportunities. Sales, finance, and back-office teams rely on outdated technology, resulting in process inefficiencies and wasted resources. This lack of integration hinders collaboration and real-time visibility into revenue and cash flow.

Solution

ROH provides a unified sales and payments management platform designed specifically for the hospitality industry, enabling hotels to manage sales, payments, and financial processes in one integrated system. The platform automates workflows, connects disparate systems, and provides real-time data insights, streamlining operations from booking to payment reconciliation. By centralizing sales and finance processes, ROH helps properties increase sales conversion rates, reduce operational costs, and improve collaboration between sales, service, and finance teams. The cloud-based platform offers features for payment processing, AR + accounting management, booking documentation, and revenue forecasting.

Features

Workflow automation to efficiently move bookings from sales to service to finance

Payment processing to manage and streamline payment tracking

AR + accounting management for seamless reconciliation and booking tracking

Booking documentation to track contract lifecycles and payment schedules

Data and insights providing real-time revenue and cash forecasts

Centralized back-office to consolidate cost structures and standardize sales and finance processes

Cloud-based platform for quick setup and integration with existing tech stacks

Target Audience

ROH primarily targets hotels, hospitality brands, and operating groups looking to streamline their sales, payments, and financial operations related to contract-driven revenue.

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