XTM XTRF Translation Management System vs. Lokalise

XTRF is a translation business management system (TBMS) that helps language service providers manage projects, vendors, and financial operations within a single platform. It is used by growing and enterprise localisation businesses to coordinate translation workflows, automate administrative processes, and maintain visibility into costs, margins, and delivery performance. XTRF connects operational project data with financial processes, enabling teams to manage both execution and profitability from one system.

Lokalise is your strategic localization partner for delivering high quality native-sounding digital experiences — for your global users — intuitively and accurately. Trusted by over 3,000 companies worldwide, Lokalise helps product, engineering, design, marketing, and content teams work smarter, not harder, across every stage of localization. With 60+ out-of-the-box integrations, including GitHub, Figma, Jira, Contentful, Adobe, and multiple leading CMS, Lokalise fits seamlessly into your existing workflows.