QuikStor announced a native software integration with Veritec Solutions on August 28, 2026. In turn, users of QuikStor will be able to take advantage of full access to the Veritec Revenue Management System (VRMS). The cooperation of both companies will provide users with the ability to implement Veritec’s Good, Better, Best Pricing model by Veritec.
Historically, traditional self-storage managers adjust rental rates periodically based on intuition. However, market leaders utilize unit-level precision pricing to outperform competitors consistently.
“QuikStor was built to give operators integrated access to the tools the industry’s best operators use,” said QuikStor Vice President Tony Gardner. “Adding Veritec’s revenue management system to the QuikStor ecosystem is a natural extension of that commitment. Operators who price with precision will be the ones who win in this competitive market, and now every QuikStor customer has the ability to do just that.”
Comprehensive Integration Features and Value Pricing
The native integration combines daily market competitor metrics with operational data from QuikStor. First, the system delivers customized starting rate guidance for move-ins. Secondly, VRMS determines the right rent increment for current tenants so that the company can retain them in the future. Thirdly, computer programs help determine the promotional pricing without reducing profit margins. The patent, however, also incorporates the introduction of the Good, Better, Best Pricing model that changes the conventional rate structure of the units. Rather than providing a unit a single price, operators will set different prices according to certain criteria selected by customers, like rate lock, prime locations, or 24-hour access.
Furthermore, internal industry data shows this pricing model increases move-in revenues by up to 10%. Combined with rate guidance tools, facilities regularly expand annual revenue by 9% to 14%.
“We’re excited to bring VRMS to QuikStor customers. This integration gives operators another powerful way to optimize revenue while providing customers with meaningful choices through Good, Better, Best Pricing,” said Veritec Solutions President Dr. Warren Lieberman. “We look forward to working closely with the QuikStor team to build on this integration and identify new opportunities to deliver value to self-storage operators.”
Finally, QuikStor customers can access these new automated pricing capabilities immediately within their existing dashboard.
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News Source: PRWeb.com
