This gap made it difficult for the corporate team to review and validate forecasts in a timely manner, leading to delays in expense planning and ultimately affecting the company’s bottom line. The need for greater transparency, consistency, and control in forecasting became a clear catalyst for change.

Consolidated system for forecasting: Oxford Collection needed a centralized platform to unify forecasting across all properties, replacing fragmented, property-specific processes. This would ensure consistency and alignment with corporate-level planning.

Visibility into forecasting methodology: The corporate team lacked insight into how individual forecasts were created. Gaining transparency into the underlying assumptions and methods was essential for more informed decision-making.

Review and validate forecasts: Delayed access to forecasts made it difficult for the corporate team to review and validate submissions promptly. A streamlined review process was needed to support timely expense planning and operational efficiency.