Benefits of Integrating

Benefits of Integrating

A full set of Integrated Solutions enables managers to easily establish realistic daily targets in the Rooms Forecast. Overall hotel targets for each month are developed in the Financial Planning & Reporting application along with supporting strategies to achieve the objectives. Revenues are tracked and reported on a daily basis in the Integrated Hotel System, including payroll costs from the Time Tracker. Managers are able to identify areas of opportunity so that tactical adjustments may be made as the objectives are approached. Monthly results are reported in the Financial Planning & Reporting application to confirm that the actual results are in line with the forecast and budget. The Integrated Solutions enable this to be accomplished efficiently so that a single point of data entry is shared across the entire reporting structure.

The Integrated Solutions provide considerable control to owners by integrating the data and audit function. The system eliminates the opportunity for the manipulation of data and accounting inconsistencies, producing accurate reports within seconds.

Some of the benefits of the Integrated Solutions include:

Save Time

Eliminates the majority of the manual data entry undertaken by night audit and accounting. A fully integrated system has the potential to save up to 1,000 hours a year.

Improve Profitability

The time savings equate to a direct impact to the bottom line. Management are able to focus on the strategic elements of the business instead of spending time processing the information.

Increase Controls

Ensures that information flows from one system to another with a complete audit trail and reporting of all manual adjustments. Eliminates time consuming errors associated with manual data entry and produces accurate and reliable reports. The Integrated Hotel System includes an audit process at each critical stage and provides for adjustments and corrections to be undertaken.

Detailed Reporting

A full complement of reports enable managers to quickly identify specific areas of opportunity. Users may drill down in to the reports to locate further details and prepare action plans to have a positive impact on the future.

Reduce Training

Training may be completed in less than half a day which ensures consistency in the business processes and eliminates personal accounting preferences which result from changes in personnel.