Introducing Terrace Accounts Receivable: Stop profit leakage in your hotel — Read more →
terrace
Multi-Property Hotels

One accounting platform for every property.

Terrace is multi-property hotel accounting software that standardizes reconciliation, accounts payable, and reporting across every property in your portfolio — from two hotels to two hundred.

1–500+properties on a single platform
Onestandardized close across every property
80%less manual reconciliation per analyst
Marriott
IHG
Fairfield
Garner
City Express by Marriott
Marriott
IHG
Fairfield
Garner
City Express by Marriott
Marriott
IHG
Fairfield
Garner
City Express by Marriott

Define your finance process once, deploy everywhere

Set reconciliation rules, approval chains, and close workflows once in Terrace — then apply them across every property. Each new acquisition gets onboarded in days, not months.

  • Centralized configuration with property-level overrides
  • New property onboarding in under a week
  • Consistent standards across every flag and brand

AI agents enforce your standards automatically

Terrace AI runs reconciliation, surfaces exceptions, and notifies the right people — so your standards are applied consistently across every property without manual oversight.

Explore AI Agents
Multi-property workflow standardization

Every property, every channel, every statement

Terrace reconciles OTA statements, commission payouts, virtual credit cards, and folio data simultaneously across every property — so mismatches surface for the whole portfolio at once.

See OTA reconciliation

Property-level exception queues

Each property gets its own exception queue with evidence attached and dispute deadlines visible — so your team works property-by-property without losing context across the portfolio.

Portfolio-wide reconciliation

Live portfolio view, not a monthly rollup

Instead of waiting for property submissions to be assembled into a portfolio rollup, Terrace gives leadership a live view of AR aging, OTA recovery rates, AP backlog, and close status across every property at once.

See Business Intelligence

Drill from portfolio to property to booking

Portfolio summary → property → individual exception — all in one platform, without logging into separate systems or assembling spreadsheets.

Portfolio rollup reporting

Add properties without adding analysts

When reconciliation, AP, and reporting are automated, adding a property doesn't mean adding a person. Multi-property hotel groups, management companies, and asset managers use Terrace to grow the portfolio without growing the back office.

Exception volume as a portfolio health metric

Track exception volume, resolution speed, and recovery rates per property over time — so leadership sees patterns across the portfolio, not just one-off snapshots.

Scalable hotel finance operations
Before Terrace, every property had its own reconciliation process and we couldn't roll up clean numbers. Now close is standardized and we have a live view of the entire portfolio.
Group Controller, VP Finance, Multi-Property Hotel Group
80%reduction in manual reconciliation across the portfolio
3 daysportfolio-wide close, down from 3 weeks

Run a tighter portfolio at any scale.

Standardize finance across every property without adding headcount to do it.