Revenue Management

Maximize rental income with data-driven revenue tools

Take control of your revenue strategy with Monument’s advanced revenue management software. From optimizing rent increases to running targeted promotions, Monument empowers you to boost profitability while maintaining tenant loyalty.

Boost revenue with smart rent increase strategies

Monument’s ECRI tool simplifies and optimizes the process of managing rent increases. Using tenant data and market trends, ECRIs ensure targeted and effective pricing strategies that maximize revenue without risking tenant churn.

Adaptive rates for every unit group

Customize your pricing strategy with Monument’s flexible rate plans. Whether by facility, unit group, or tenant type, adjust rates dynamically to reflect market demand and operational goals.

Set pricing rules for specific unit groups based on occupancy levels.

Adjust rates dynamically using demand-based triggers.

Stay competitive with seamless integration of market rate benchmarking.

Measure the impact of your revenue strategies

Leverage Monument’s analytics to measure the success of your rent increases and promotions. Track incremental revenue, tenant churn, and market competitiveness in real time to refine your approach.

Drive occupancy with dynamic promotions

Drive occupancy and maximize revenue with targeted promotions. Monument’s tools allow you to create and manage discounts or specials, ensuring they align with your goals and market conditions.

Set automated promotions for unit groups with higher vacancy rates.

Track the performance of promotions to assess their impact on occupancy and revenue.

Customize offers to attract and retain tenants in competitive markets.

integrations

Seamlessly connect with your favorite tools

We play well with others. Monument’s rental website integrates with industry-leading tools to provide a unified experience for tenants and operators.

Discover new revenue opportunities

Optimize revenue and improve occupancy rates at every facility with tools that dynamically set pricing based on smart data.

Data-Driven Pricing Decisions

Use real-time data and competitor insights to set optimal rental rates.

Convert Traffic Into Tenants

Save time by automating pricing updates based on predefined rules and market conditions

Maximized Occupancy and Revenue

Balance pricing strategies to increase tenant retention and revenue per unit.

Streamlined Communication

Deliver clear, effective communication about pricing changes to tenants.

Frequently asked questions

Questions? We have answers. Explore our FAQ section to learn more about how Monument works, its features, and how it can support your business. Still curious? Reach out—we’re here to help!

Revenue management software optimizes rental income by analyzing tenant behavior, market trends, and occupancy rates to recommend effective pricing strategies, rent increases, and promotions.

Monument’s platform supports automated rent increases based on customizable rules. Operators can set parameters like tenant tenure, market trends, and unit type to determine optimal rent adjustments.

Yes, Monument provides insights into the incremental revenue generated from rent increases, tenant churn rates, and the effectiveness of pricing strategies, helping operators refine their approach.

Yes, Monument enables automated rate adjustments based on occupancy thresholds, market conditions, and other customizable factors. This ensures rates remain competitive and aligned with demand.

Monument allows operators to implement rate plans for specific unit groups. For example, operators can adjust rates for units with higher refill rates or longer tenant lifespans to maximize revenue.

Yes, Monument supports tiered pricing strategies, such as good-better-best models, allowing operators to differentiate unit pricing based on features, location, and customer preferences.

Monument’s platform offers analytics on rent increase performance, tenant churn sensitivity, occupancy trends, and unit group lifetime value. These insights enable operators to make informed pricing decisions.

Yes, operators can create and manage promotions or discounts directly in the platform, allowing them to attract new tenants and boost occupancy during slower periods.

Monument’s platform provides detailed analytics on revenue growth, rent increase impacts, and tenant churn. Operators can use this data to assess the effectiveness of their revenue strategies and make improvements.