A Guide to RMS Management and Data Packages


In this video, learn how Teltonika Networks’ Remote Management System offers long-term, 24/7 remote control over devices with purchasable packages. We’ll go over the RMS Management Package and RMS Data Package and show you how to assign them.

Differences between packages:

RMS MANAGEMENT PACKAGE

• This package gives you access to RMS Management services;
• You can order the Management Package for either 5 or 10 years of continuous
services;
• You can move your devices from one RMS company to another without losing the
Management Package services.

RMS DATA PACKAGE

• This package enables support of RMS Connect and RMS VPN services;
• The Data Package can be used only to one specifific router or gateway;
• After assigning the Data Package to a specifific device, it only expires after 10 years or
when 150 Gigabytes of data have been used up;
• The package’s data gets used only when communication goes through the selected
device it’s assigned to.

Timestamps:
00:00 Intro
00:23 RMS Management Package
00:40 RMS Data Package
01:01 How to assign packet (practical example)
01:39 Outro

 

A Guide to RMS Management and Data Packages

Whether you’re in charge of managing a hotel, outdoor recreation site or any other type of hospitality organization, an RMS has the potential to help you boost your bottom line.

A revenue management system considers supply and demand, local events, historical records, group size and more before automatically setting prices that maximize revenue for your property. And it automates the entire process to save you time and ensure accurate pricing.

Benefits

Whether your goal is to optimize rates, boost profits or streamline processes, a robust RMS management and data package can help. It offers the robust capabilities, extensibility and reliability needed to effectively operate your data center, enhancing usability of information while positioning you for future growth.

A good RMS will also leverage both historical and forward-looking demand forecasts. This ensures a more accurate price optimization that takes into account the sensitivity of your guests to price. This means you can make more accurate and strategic decisions about the hotel’s position in the market, allowing teams to improve operational efficiency and bottom line profitability.

Another benefit of an RMS is its ability to integrate with other systems in your business, enabling you to transfer data between them. This includes intercompany transfers, book transfers, purchase order-linked transfers, externally generated transfers and customer orders. It can also be used to reallocate merchandise between internal locations, such as a property’s finishers (e.g., the sewing or laundry department) and a distribution location.

In addition, an RMS can be integrated with a reputable business intelligence solution, helping you to identify the best-performing deals and promotions for your business. This can include off-invoice deals, rebates, vendor-funded promotions and markdowns.

An RMS can also help you to optimize OTA contracts by determining the optimal price levels for each channel and season. This can have a significant impact on your revenue-diluting effect, as well as the overall level of guest engagement and loyalty.

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It can also help you to understand the shopping patterns and behavior of your guests, enabling you to create highly targeted interest-based marketing campaigns. This can include a variety of strategies, from personalized messaging to targeted advertising on social media platforms.

Lastly, an RMS can allow you to monitor the progress of your operations by tracking and monitoring the activities of your staff. This helps to increase team efficiency and ensure that everyone is on the same page when it comes to safety procedures and training.

A strong RMS will offer easy-to-use interfaces for all departments and will be cloud-based, mobile responsive and device agnostic. This will enable your team to access the system from anywhere they have a stable internet connection, and it will also let them export performance data and forecasts in an easily accessible format.

Pricing

RMS management and data packages are an essential part of the hospitality industry, helping hotels automate pricing and merchandising processes. Whether you’re a small single property or a large hotel chain, these solutions provide a number of key benefits to streamline operations and maximise revenue.

The RMS pricing engine uses an array of market-based data to create real-time price recommendations that increase RevPAR and occupancy rates for hotel properties. Combined with the software’s powerful demand forecasting and fact-based analytics, these tools give lodging operators a competitive edge that boosts profitability.

Depending on your business model, you may need to configure different aspects of RMS’s core functionality. For example, you may want to implement a data warehouse or use the platform for emergency response.

As a result, it’s important to understand the pricing of these systems before you make a decision. This will help you decide which system is right for your needs.

For most businesses, the cost of an RMS package will depend on how much data you need to store. For instance, a property with less than 50 rooms may only need to store up to 2 GB of data, while a larger property may require up to 150GB of storage.

The cost of a data warehouse will also vary depending on the amount of data and how you plan to use it. For example, you may need to store information about bookings, inventory, sales, and customer service.

To keep the costs down, you can consider storing your RMS data on the cloud instead of onsite. However, this option will require additional infrastructure and maintenance expenses.

Another option is to build a database on your own and import it into your RMS. This can be a time-consuming process, so it’s best to choose an RMS with an easy-to-use data warehouse interface.

For the most efficient data integration, it’s recommended to use an RMS-branded API. The API will act as a gateway to the RMS database and will automatically extract a subset of the data for you. This ensures that you have all the information you need in a format that can be easily read and used.

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Integrations

If you are looking to integrate your RMS with other systems or want to extend its functionality, there are many options available through RMS management and data packages. These integrations can help you stay competitive, grow your business and satisfy clients.

Integrated systems promote collaboration across departments and save time. They also make set-up and training much easier.

An RMS that is easy to use and accessible from all staff will facilitate this. Ideally, it should be cloud-based and mobile responsive so everyone can access it when they are on the go.

It should support your pricing strategy and be able to adjust rates if and when necessary (e.g. during a large trade show or for specific rates, like your signature suite).

Your RMS should also take external market and compset data into account when making rate suggestions. This is important in today’s dynamic markets where past booking patterns are affected by travel restrictions and demand shifts.

In addition, it should be able to handle the high volume of transactions and provide reliable forecasting and optimization results. It should also be able to connect with your reservation system to ensure accurate price updates are being sent to customers.

Lastly, your RMS should be able to automate certain processes, such as adjusting prices automatically when there are changes in your occupancy levels. This will allow your team to maintain their high quality of work and reduce the amount of manual intervention needed.

The best RMS will provide a single source of truth for all your information and data. This will eliminate the risk of multiple versions of information that can lead to inaccuracy in your organization.

It will also provide a more robust, streamlined approach to data transfer between your different systems and other third-party applications. This will streamline the process of obtaining pricing data from each system and make it easier to interpret it in a more meaningful way.

For example, when a price change, clearance or promotion is approved in your RMS, the system publishes this information to the Oracle Retail Integration Bus (RIB). The RIB then passes that data on to other applications using APIs. It is a good practice to subscribe to the RIB so that you are always aware of any pricing events that have occurred in your RMS.

Security

RMS management and data packages come with a number of security features to protect sensitive information. These include firewalls, gateway-to-gateway protection, and VPN tunnels to encrypt communications. Behavioral analytics are also available to detect any network activity that deviates from normal behavior.

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The privacy and security of your personal information is important to us, and we work hard to ensure that our systems and services are secure. For example, we have strict policies and procedures that prohibit unauthorized access to customer and employee personal information.

We also make it a point to communicate these policies and procedures clearly, including at the time of initialization. In addition, we are always reviewing our security measures and making adjustments as needed.

Our customers can find additional information about our security measures and procedures on our website at http://www.faa.gov/privacy-act-system-of-records and in Privacy Act System of Records notices DOT/FAA 847 – Aviation Records on Individuals and DOT/FAA 801 – Aircraft Registration System.

In addition, our employees are trained in the proper handling of personal information. This includes how to respond to requests for information about their personal information, and how to challenge any errors or inaccuracies.

RMS is required to comply with Part I of the Personal Information Protection and Electronic Documents Act (Canada) when it uses or discloses personal information about a customer or employee. This includes seeking the consent of the individual before using or disclosing his or her personal information for a new purpose, and retaining it only as long as necessary for that purpose.

A customer or employee can ask to review, update or delete his or her personal information. This can be done by contacting a customer service representative or by logging into his or her account.

If a customer or employee does not want his or her personal information disclosed to a third party, he or she may request that it be deleted from RMS. This may result in a delay in providing services or products to the customer or employee, but will not prevent RMS from fulfilling its legal obligations to the customer or employee.

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