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Put reconciliation, AP, reporting, and workflows on autopilot.Built for hotel finance.

Name: Terrace AI
Rating: 4.8 (50 reviews)

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Accounts receivable automation

Stop profit leakage in your hotel.

Terrace reconciles OTA, payment, commission, and loyalty statements against hotel records so finance can find short-pays, settlement drift, and missed reimbursements before close.

One row per partner statement source.

Monthly status for each reconciliation.

Recovered dollars visible by provider.

April reconciliation

Recovered dollars ready for finance review.

14 exceptions open

Statement total

$428k

Reconciled

$421k

Recovered

$12.8k

Open exceptions

SourceReconcilesStatus this monthRecovered

Expedia

16 underpaid reservations

Reconciles

OTA payout

Status this month

Short-pay found

Recovered

$4.8k

Onyx

commission drift captured

Reconciles

Commission statement

Status this month

Reconciled

Recovered

$3.1k

AMEX

gateway and card settlement variances

Reconciles

Payment provider

Status this month

Fees reviewed

Recovered

$1.6k

Marriott Loyalty

redemptions matched to hotel records

Reconciles

Loyalty reimbursement

Status this month

Matched

Recovered

$3.3k

Recovery summary

Total recovered across partner statements

Short-pays, commission drift, payment variances, and loyalty reimbursements surfaced for finance.

Total recovery

$12.8k

Accounts payable automation

Close AP without the invoice chase.

Terrace turns vendor PDFs into parsed, coded, ledger-ready records so accounting can review exceptions and track spend by vendor.

Capture the invoice and extract the fields accounting needs.

Create a GL-ready bill with vendor, amount, property, and line coding.

Track recurring vendor spend across properties.

PDF invoice

Uploaded vendor statement

Invoice.pdf

Bright Linen Co.

Guest laundry$420

Room linen$980

Towel service$440

Invoice date: Apr 24

Due date: May 15

Total$1,840.00

Parse PDF

Extract vendor, amount, property, and approval fields.

Vendor

Bright Linen Co.

Amount

$1,840.00

Property

Paradise Hotel

Department

Rooms

6200 Laundry

Approval

Controller

Create GL entry

Bill AP-10482 posted to Accounts Payable.

Ready to post

VendorCoded lineAmountGL

Bright Linen Co.Guest laundry$4206200 Laundry

Bright Linen Co.Room linen$9806200 Laundry

Bright Linen Co.Towel service$4406200 Laundry

Ledger total$1,840.00

Track vendor spend

Bright Linen Co. across the portfolio.

$18.6k

month to date

Paradise Hotel

$8.4k

Harbor House

$5.1k

City Center

$3.2k

Business intelligence

Automate portfolio reporting from hotel operating data.

Unify PMS, POS, labor, STR, and P&L data into a weekly operating report that explains movement and recommends next actions.

Combines PMS, POS, labor, STR, and P&L data across properties.

Shows portfolio KPI movement and property-level variance in one view.

Summarizes what changed and what operators should do next.

Portfolio Intelligence Dashboard

5 properties - This week

Revenue

$428k

RevPAR

$148

Occupancy

78%

GOP

31%

PropertyRevPAROcc.Signal

Paradise Hotel$16882%Up

Harbor House$14276%Flat

City Center$13171%Down

Palm Suites$15679%Up

Portfolio insight

RevPAR softness is concentrated in City Center, driven by transient pickup and a higher OTA mix.

Review direct booking offer

Watch labor coverage

Terrace connects with the hotel systems you already use.

Bring reconciliation, AP, reporting, and custom workflows across PMS, accounting, banking, and operating systems without another rip-and-replace project.