Carmen Software vs. Fairmas vs. Otelier: Which is a Better Fit?

Carmen Software

Accounting

Import/Export
Check Writer
Cash Management
Accounts Payable
General Ledger

Forecasting & Budgeting

Construction Cost Tracking
Forecasting
Budgeting

Reporting

1096
1099
Report Writer
Financial Reporting
Document Imaging
Daily Reporting

Compliance & Tax

Use Tax
User Security
Document Imaging

Data Management & Integration

Document Imaging
PMS Mapping

FairPlanner (by Fairmas)

Budget Creation & Planning

Department-level budget templates
Multi-year budget planning
Centralized budget input workflows
Approval workflows & audit trails

Financial Forecasting

Rolling forecasts
Daily, monthly, and annual forecasting
Forecast scenarios (best/worst case)
PMS data integration for forward-looking projections

Variance & Scenario Analysis

Forecast vs. actual comparisons
Historical trend analysis
What-if scenario modeling
Real-time alerts for budget variances

Multi-Property Consolidation

Group-level budget aggregation
Brand vs property-level visibility
Standardized templates across properties

Performance Dashboards & Reporting

Custom financial dashboards
Real-time KPI tracking (GOP, NOI, TRevPAR)
Exportable and shareable reports
Scheduled automated reports

Collaboration & Workflow Tools

Role-based user permissions
Commenting & change history
Task assignments for budget contributors
Cross-departmental collaboration features

Key Integrations

PMS, POS, and accounting system data sync
BI platforms
Real-time revenue & expense feeds
Integration with Excel and Google Sheets

Audit & Compliance Tracking

Budget versioning and locking
Approval trail visibility
Compliance checklists

DigiAudit by Otelier

Accounting

Import/Export
Check Writer
Cash Management
Accounts Payable
General Ledger

Forecasting & Budgeting

Construction Cost Tracking
Forecasting
Budgeting

Reporting

1096
1099
Report Writer
Financial Reporting
Document Imaging
Daily Reporting

Compliance & Tax

Use Tax
User Security
Document Imaging

Data Management & Integration

Document Imaging
PMS Mapping

What Customers Are Saying

Most Recent Review

Carmen Software doesn’t have any clients that have vouched for the product

a must tool for all size of properties

head of commercial from Floriana (Malta)

Hospitality BI Solution

Corporate Direct Business Intelligence & Distribution.

Most Positive Review

Efficient

Deputy GM

Best digital transformation platform!

President

Most Critical

Great platform for collaboration

Director of Finance

Corporate Direct Business Intelligence & Distribution. from

References

Asha Coleman
Chief of Staff Platinum Companies

Chuck Jones
Vice President Peach State Hospitality