Quick Overview
- 1#1: M3 Accounting - Specialized accounting software for travel agencies handling commissions, multi-currency transactions, and GDS integrations.
- 2#2: TravelWorks - Comprehensive back-office solution for travel agencies with integrated accounting, booking, and reporting features.
- 3#3: Solaris - Travel retail and accounting software managing invoicing, supplier payments, and commission processing for agencies.
- 4#4: StelWatch - Advanced accounting system for travel agencies with real-time financial tracking and regulatory compliance tools.
- 5#5: AgencyCloud - All-in-one travel agency platform including accounting, CRM, and itinerary management with seamless financial workflows.
- 6#6: Impulse - Travel management software with robust accounting modules for handling bookings, payments, and profitability analysis.
- 7#7: TourCMS - Tour operator CMS with integrated invoicing, accounting reports, and multi-currency support for travel businesses.
- 8#8: Rezdy - Booking and reservation software with accounting features for payments, refunds, and financial reporting in travel agencies.
- 9#9: Checkfront - Online booking system with accounting tools for managing payments, taxes, and payouts tailored to tour operators.
- 10#10: FareHarbor - Reservation platform with built-in accounting for tracking revenue, commissions, and automated payouts in travel operations.
We ranked these tools by prioritizing travel-specific features (e.g., GDS integrations, commission processing), robustness (stability, scalability), ease of use (intuitive design, onboarding), and value (pricing, comprehensive functionality) to ensure they deliver tangible results across diverse travel business needs.
Comparison Table
This comparison table explores key travel agency accounting software, featuring M3 Accounting, TravelWorks, Solaris, StelWatch, AgencyCloud and more, to guide users in selecting tools that align with their operational needs. Readers will learn about critical features, compatibility, usability, and cost factors, helping them make informed decisions for efficient agency financial management.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | M3 Accounting Specialized accounting software for travel agencies handling commissions, multi-currency transactions, and GDS integrations. | specialized | 9.8/10 | 9.7/10 | 9.4/10 | 9.9/10 |
| 2 | TravelWorks Comprehensive back-office solution for travel agencies with integrated accounting, booking, and reporting features. | enterprise | 8.7/10 | 9.2/10 | 7.6/10 | 8.3/10 |
| 3 | Solaris Travel retail and accounting software managing invoicing, supplier payments, and commission processing for agencies. | specialized | 8.2/10 | 8.7/10 | 7.4/10 | 8.0/10 |
| 4 | StelWatch Advanced accounting system for travel agencies with real-time financial tracking and regulatory compliance tools. | specialized | 8.1/10 | 8.7/10 | 7.5/10 | 7.9/10 |
| 5 | AgencyCloud All-in-one travel agency platform including accounting, CRM, and itinerary management with seamless financial workflows. | enterprise | 8.2/10 | 8.7/10 | 7.4/10 | 7.9/10 |
| 6 | Impulse Travel management software with robust accounting modules for handling bookings, payments, and profitability analysis. | enterprise | 8.1/10 | 8.8/10 | 7.6/10 | 7.9/10 |
| 7 | TourCMS Tour operator CMS with integrated invoicing, accounting reports, and multi-currency support for travel businesses. | specialized | 6.8/10 | 6.2/10 | 8.1/10 | 7.0/10 |
| 8 | Rezdy Booking and reservation software with accounting features for payments, refunds, and financial reporting in travel agencies. | specialized | 7.4/10 | 7.2/10 | 8.1/10 | 7.3/10 |
| 9 | Checkfront Online booking system with accounting tools for managing payments, taxes, and payouts tailored to tour operators. | specialized | 7.1/10 | 6.8/10 | 8.4/10 | 7.5/10 |
| 10 | FareHarbor Reservation platform with built-in accounting for tracking revenue, commissions, and automated payouts in travel operations. | specialized | 7.1/10 | 6.4/10 | 8.7/10 | 8.2/10 |
Specialized accounting software for travel agencies handling commissions, multi-currency transactions, and GDS integrations.
Comprehensive back-office solution for travel agencies with integrated accounting, booking, and reporting features.
Travel retail and accounting software managing invoicing, supplier payments, and commission processing for agencies.
Advanced accounting system for travel agencies with real-time financial tracking and regulatory compliance tools.
All-in-one travel agency platform including accounting, CRM, and itinerary management with seamless financial workflows.
Travel management software with robust accounting modules for handling bookings, payments, and profitability analysis.
Tour operator CMS with integrated invoicing, accounting reports, and multi-currency support for travel businesses.
Booking and reservation software with accounting features for payments, refunds, and financial reporting in travel agencies.
Online booking system with accounting tools for managing payments, taxes, and payouts tailored to tour operators.
Reservation platform with built-in accounting for tracking revenue, commissions, and automated payouts in travel operations.
M3 Accounting
specializedSpecialized accounting software for travel agencies handling commissions, multi-currency transactions, and GDS integrations.
Advanced Job Costing module that precisely tracks profitability on individual travel packages, itineraries, and client bookings
M3 Accounting from Collins Software is a comprehensive, modular accounting solution that excels in managing the financial complexities of travel agencies, including invoicing for bookings, commission tracking, multi-currency transactions, and expense management for tours and itineraries. It offers robust general ledger, accounts payable/receivable, payroll, and inventory modules tailored to handle travel-specific needs like job costing for packages and real-time reporting on profitability. Designed for small to mid-sized travel businesses, it provides scalability and customization without subscription dependencies.
Pros
- Highly modular design allows customization for travel-specific workflows like commission splits and tour costing
- Perpetual licensing model eliminates ongoing subscription costs
- Strong multi-currency and multi-company support ideal for international travel agencies
- Excellent reporting and audit trail for compliance in regulated travel finance
Cons
- Primarily Windows-based, limiting cross-platform accessibility
- Initial setup may require IT support for optimal configuration
- Lacks native integrations with some modern GDS systems like Amadeus
Best For
Mid-sized travel agencies needing powerful, cost-effective accounting with deep customization for tour operations and international transactions.
Pricing
Perpetual licenses starting at $995 for core modules, with add-ons from $495; one-time purchase with optional annual support.
TravelWorks
enterpriseComprehensive back-office solution for travel agencies with integrated accounting, booking, and reporting features.
Sophisticated ARC/BSP reconciliation and multi-supplier commission engine
TravelWorks is a robust back-office platform designed specifically for travel agencies, offering integrated accounting, commission management, accounts payable/receivable, and supplier payment processing. It excels in handling complex travel-specific financials like GDS settlements, ARC/BSP reconciliations, and multi-currency transactions. The software also includes CRM, reporting, and operational tools to streamline agency workflows.
Pros
- Advanced commission automation and tracking across multiple suppliers
- Comprehensive financial reporting and compliance tools for travel agencies
- Scalable for high-volume transactions in large agencies
Cons
- Dated user interface requiring training
- Lengthy implementation and customization process
- Limited native mobile accessibility
Best For
Mid-to-large travel management companies and consortia needing enterprise-level accounting integrated with travel operations.
Pricing
Custom quote-based pricing, typically $400-$1,500+ per month depending on users, transactions, and modules.
Solaris
specializedTravel retail and accounting software managing invoicing, supplier payments, and commission processing for agencies.
Automated commission engine that handles intricate splits, clawbacks, and multi-supplier recoveries unique to travel agencies
Solaris by PCT Travel Systems is a comprehensive back-office accounting solution tailored specifically for travel agencies, handling complex financial tasks like multi-currency transactions, commission tracking, and supplier reconciliations. It integrates with GDS systems and booking platforms to automate IATA/ARC settlements, invoicing, and cash flow management. Designed for high-volume operations, it ensures compliance with travel industry standards while providing detailed reporting and audit trails.
Pros
- Highly specialized for travel accounting with robust commission splitting and recovery tools
- Strong multi-currency and IATA/ARC settlement capabilities
- Reliable integration with legacy GDS and booking systems
Cons
- Outdated Windows-based interface feels clunky compared to modern SaaS options
- Steep learning curve for non-technical users
- Limited native cloud or mobile access
Best For
Mid-to-large travel agencies with complex commission structures and high-volume international transactions needing robust, industry-specific accounting.
Pricing
Custom pricing via quote; typically $500-$2,000/month based on users, modules, and deployment (perpetual licenses also available).
StelWatch
specializedAdvanced accounting system for travel agencies with real-time financial tracking and regulatory compliance tools.
Automated commission processing directly from GDS bookings and vouchers
StelWatch from Stelcom.net is a comprehensive ERP software tailored for travel agencies, providing specialized accounting tools for handling bookings, invoicing, commissions, and financial reporting. It supports multi-currency transactions, GDS integrations like Amadeus and Galileo, and multi-branch operations to streamline travel-specific financial workflows. The platform also includes CRM and inventory management, making it a full-suite solution for mid-sized travel businesses.
Pros
- Robust travel accounting with automated commission calculations
- Seamless GDS and API integrations for bookings
- Multi-currency and multi-branch support
Cons
- Dated user interface requiring training
- Limited mobile accessibility
- Pricing requires custom quotes, lacking transparency
Best For
Mid-sized travel agencies needing integrated accounting with booking systems and GDS connectivity.
Pricing
Custom pricing starting around $50/user/month, scales with modules and users; contact for demo and quote.
AgencyCloud
enterpriseAll-in-one travel agency platform including accounting, CRM, and itinerary management with seamless financial workflows.
Automated commission capture and reconciliation directly from supplier APIs and GDS integrations
AgencyCloud is a comprehensive cloud-based platform tailored for travel agencies, with robust accounting modules that handle invoicing, commission tracking, supplier payments, and multi-currency transactions. It integrates financial management with booking, CRM, and operations for a unified travel agency workflow. Key accounting features include automated reconciliation, real-time reporting, and compliance with UK travel regulations like ATOL and ABTA.
Pros
- Travel-specific accounting with automated commission processing from GDS and tour operators
- Real-time financial dashboards and multi-currency support
- Seamless integration with booking systems for end-to-end visibility
Cons
- Steep learning curve due to extensive features
- Pricing can be high for smaller agencies
- Limited standalone accounting flexibility without full suite adoption
Best For
Mid-sized UK-based travel agencies needing integrated accounting within a full operational platform.
Pricing
Custom subscription pricing starting around £80-£150 per user/month, depending on modules and agency size; quotes required.
Impulse
enterpriseTravel management software with robust accounting modules for handling bookings, payments, and profitability analysis.
Automated commission import and settlement directly from GDS bookings into double-entry accounting.
Impulse (impulse.eu) is a specialized software suite for travel agencies, providing integrated accounting, booking, and CRM functionalities tailored to the travel industry. It excels in handling travel-specific financial tasks such as commission settlements, multi-currency invoicing, debtor/creditor management, and VAT-compliant reporting. Designed primarily for European markets, it integrates seamlessly with GDS systems like Amadeus and Galileo for streamlined operations.
Pros
- Deep travel industry specialization with automated commission processing
- Robust GDS and payment gateway integrations
- Comprehensive financial reporting and EU compliance tools
Cons
- Steep learning curve for non-expert users
- Custom quote-based pricing can be opaque and higher for smaller agencies
- Interface feels dated compared to modern cloud-native alternatives
Best For
Mid-sized European travel agencies requiring integrated booking-to-accounting workflows with strong GDS support.
Pricing
Modular, quote-based pricing starting around €200-500 per month depending on users and modules; on-premise or hosted options available.
TourCMS
specializedTour operator CMS with integrated invoicing, accounting reports, and multi-currency support for travel businesses.
Multi-channel manager that automatically syncs reservations, payments, and inventory across OTAs for accurate revenue reconciliation.
TourCMS is a cloud-based booking and channel management platform tailored for tour operators and activity providers, offering integrated tools for handling reservations, inventory, payments, and basic financial reporting. It supports multi-channel distribution with OTAs like Viator and GetYourGuide, while providing invoicing, commission tracking, and revenue reconciliation functionalities relevant to travel agency accounting. However, it lacks the depth of a dedicated accounting system, focusing more on operational efficiency than comprehensive financial management like general ledgers or tax compliance.
Pros
- Seamless integration of bookings with payment processing and revenue tracking
- Multi-currency support and commission management for international operations
- Real-time reporting dashboards for quick financial insights
Cons
- Limited advanced accounting tools such as full general ledger or IATA reconciliation
- Primarily designed for tour operators rather than general travel agencies
- Pricing is custom and scales with usage, potentially costly for accounting-only needs
Best For
Small to medium tour operators needing integrated booking management with basic accounting rather than standalone financial software.
Pricing
Custom subscription pricing based on number of products and bookings; starts around £50-£100/month for basic plans, with enterprise options on request.
Rezdy
specializedBooking and reservation software with accounting features for payments, refunds, and financial reporting in travel agencies.
Automated commission splitting and payout tracking linked to reservations and payments
Rezdy is a cloud-based booking and reservation platform designed for tour operators and travel agencies, offering integrated accounting features like revenue tracking, invoicing, and financial reporting tied directly to bookings. It handles payments, commissions, multi-currency transactions, and generates P&L statements, making it suitable for managing travel agency finances alongside operations. While not a standalone accounting solution, it excels in automating financial workflows specific to the travel industry.
Pros
- Seamless integration of bookings with revenue tracking and automated invoicing
- Multi-currency support and real-time financial dashboards
- Integrations with Xero and QuickBooks for advanced accounting needs
Cons
- Lacks full double-entry bookkeeping and advanced tax compliance tools
- Reporting is booking-focused, not comprehensive for complex accounting
- Pricing scales with bookings or users, potentially costly for high volume
Best For
Small to mid-sized travel agencies seeking integrated booking and basic accounting without needing enterprise-level financial software.
Pricing
Starts at $49/month for Solo plan (1 product), up to $299+/month for Enterprise; pay-per-booking option at 1.9-2.9% + fixed fee per transaction.
Checkfront
specializedOnline booking system with accounting tools for managing payments, taxes, and payouts tailored to tour operators.
Automated payment reconciliation and revenue tracking directly from bookings
Checkfront is a booking and reservation management platform tailored for tours, activities, rentals, and travel experiences, with built-in payment processing, invoicing, and basic reporting tools. It automates online bookings, calendar management, and revenue tracking, making it suitable for travel agencies handling reservations alongside light accounting needs. While it integrates with accounting software like QuickBooks and Xero, it is not a full-featured accounting solution and focuses more on front-end operations than backend financial management.
Pros
- Seamless integration of bookings with payments and basic invoicing
- Real-time revenue reports and export to major accounting tools
- User-friendly interface with mobile app support
Cons
- Limited advanced accounting capabilities like GL, payroll, or multi-currency supplier payments
- Reporting lacks depth for complex travel agency finances
- Requires add-ons or integrations for comprehensive accounting
Best For
Small to mid-sized travel agencies prioritizing booking management with basic tied-in accounting over full financial software.
Pricing
Starts at $49/month (Essentials plan) up to $109/month (Professional), with custom Enterprise pricing; annual discounts available.
FareHarbor
specializedReservation platform with built-in accounting for tracking revenue, commissions, and automated payouts in travel operations.
Commission-only model with free core software, charging solely on successful bookings
FareHarbor is a booking and reservation management platform tailored for tour operators, activity providers, and travel agencies, handling online bookings, payments, and customer management. For accounting purposes, it offers automated payment processing, revenue tracking, commission management, and basic financial reporting tied to bookings. It integrates with accounting tools like QuickBooks and Xero but lacks full-featured general ledger, invoicing, or payroll capabilities, making it more of an operational tool with ancillary accounting functions.
Pros
- Seamless integration of bookings with payment processing and revenue tracking
- No monthly or setup fees—pay only per booking
- Strong reporting on reservations, sales, and commissions
Cons
- Limited advanced accounting tools like general ledger or multi-entity support
- Relies heavily on third-party integrations for comprehensive financial management
- Reporting lacks depth for complex travel agency accounting needs
Best For
Small to mid-sized travel agencies and tour operators needing straightforward booking-linked revenue tracking without dedicated accounting software.
Pricing
No monthly fees or setup costs; pay ~4.99% + $0.20 per booking (customizable rates available).
Conclusion
The top travel agency accounting software tools reviewed each offer unique strengths: M3 Accounting leads with its specialized focus on commissions, multi-currency handling, and GDS integrations, while TravelWorks provides a comprehensive back-office solution combining accounting, booking, and reporting, and Solaris excels in invoicing, supplier payments, and commission processing. All three cater to key needs like financial accuracy, regulatory compliance, and streamlined workflows, making them standout choices for agencies of different sizes.
Take the first step toward more efficient financial management—explore M3 Accounting, the top-ranked tool, and discover how it can enhance your agency's profitability and operations.
Tools Reviewed
All tools were independently evaluated for this comparison
