Fairmas (FairPlanner)

Ranked 4 (out of 41) in Reporting & Accounting Software

Reporting & Accounting Software

FairPlanner, by Fairmas GmbH, is a customized financial planning, controlling and management reporti...

Ratings Snapshot

Certificate of Excellence
Read 18 reviews
93%
Recommend
HTR Score icon
HT SCORE
83 out of 100
Hotel Tech Score is a composite ranking comprising of key signals such as: user satisfaction, review quantity, review recency, and vendor submitted information to help buyers better understand their products.
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Fairmas (FairPlanner) has fewer than 10 reviews in the past 6-months.

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Reviews Summary

Ranked #4 out of 41 in Reporting & Accounting Software

Ease of Use
4.4/5
ROI
4.3/5
Implementation
4.6/5
Customer Support
4.8/5
Verified Customer Support

Fairmas’s customer support processes haven’t yet been verified by Hotel Tech Report.

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Most popular for
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  • Budget 1 verified reviews
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  • Bed & Breakfast Leader: M3
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  • Boutique Leader: M3
    100%
    1 verified reviews

Fairmas (FairPlanner) Overview

Top Alternative: M3 (Accounting)

Fairmas (FairPlanner) Overview

FairPlanner is a modular, web-based Business Intelligence P&L planning and controlling software to create transparent budgets and forecasts. The software is multilingual and multi-currency with intuitive dashboards to present a clear view of hotel performance and exchanges data automatically via interfaces to accounting systems, PMS, RMS, DMS, BI, etc. The comprehensive planning scenarios include ...

About Fairmas

Founded in 2003 | Headquarters in Berlin Germany | 50 employees

Integrates with

  • Business Intelligence
  • Central Reservations Systems
  • Preventive Maintenance Software
Browse integrations (17 verified)

Pros & Cons

Like 93% recommend

Director of Finance from Branded

Flexible, very fast reply of support, easy to understand, easy to read, accounting break down inkl accounting data, a lot of possibilities of interfaces

TAMARIT BEACH RESORT from Resort

It's very fast and agile, and allows you to compare the actual data of the forecasts and the old ones in a single report

Head of Finance Systems from Other

- Easy to set up - Drivers make planning so easy (especially that drivers and amounts can be mixed in the break down grid) - good acceptance in the team - constant improvements (Dashboard, currency conversion announ...

Controller from Boutique

At the moment I am really happy with the product and service provided. For the future a cash flow "tool" would be nice

Director of Finance from Branded

Having the guide lines online as well or within the special areas (help function), fair payroll very important tool needs to be a sub tool on the web application, cash flow planning needs to be involved, to have summariz...

Senior Manager Revenue from Resort

Sequence of data import – more than once per day Consistency and quality of data extracts and reports from Pace Analysis Integration of rate shopping feautures Pick Up Tracking

Read Reviews

Expert Q&A and Partner Recommendations

Question:

What does this product or service do well?

Answer:

Fairmas is great to simplify and streamline the hotel's financial planning and reporting. A better understanding of the data will help hotels run their hotel more effectively. Their integrations (including the one to and from Revinate ) are great to automate this whole process and ensure the data qu...

by [email protected] [email protected] (Revinate) on December 13, 2019

Question:

What differentiates this product or service from the competition?

Answer:

Most positive are the easy to use and ready to use the software. Out of the box, hotels can use the systems to set KPIs and produce accurate business statuses. Furthermore, our joint customers comment about the excellent customer service and the flexibility of the team making hotel and hoteliers suc...

by [email protected] [email protected] (Revinate) on December 13, 2019

Question:

Based on your experience with this product or service, if you could give one piece of advice to a hotelier considering this product or service, what would it be?

Answer:

With any software purchase; do your homework because what is good for one hotel is not always great for others. Strategy first, processes second and technology comes last. Technology has the potential to improve and streamline your hotel operations, increase revenue and makes guest happier, but you ...

by [email protected] [email protected] (Revinate) on December 13, 2019

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GETTING STARTED

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Features

  • Daily Reporting
  • PMS Mapping
  • Document Imaging
  • General Ledger
  • Accounts Payable
  • Financial Reporting
  • Cash Management
  • Check Writer
  • Budgeting
  • Forecasting
  • Construction Cost Tracking
  • User Security
  • Report Writer
  • Use Tax
  • 1099
  • 1096
  • Import/Export

Active Markets

MARKETS SERVED
  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
VERIFIED MARKETS
  • Germany
  • Austria
  • Switzerland
  • Italy
  • Indonesia
  • Netherlands
  • Spain

18 Verified Fairmas Reviews

Likelihood to Recommend
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This vendor is 83% below the category average..

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Declining share of voice

This vendor has fewer recent reviews than average compared to other top Reporting & Accounting Software providers. It is advised that you ask for recent references before proceeding.

Aug 10, 2021

Fairmas (FairPlanner) Review: It is very easy to upload the data and compare it

TAMARIT BEACH RESORT from Resort in Tamarit (Spain)

Recommend 10/10
Full blue star
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What do you like most?

It's very fast and agile, and allows you to compare the actual data of the forecasts and the old ones in a single report

What do you dislike or think could be improved?

At first the implementation is a little hard, the structure of the report and organizing the accounts, takes a long time.

Customer Support
5
Ease of Use
4
Value for money
n/a
Implementation
n/a

Apr 12, 2021

Fairmas (FairPlanner) Review: Single- and Multi-Property Planning and Controlling Tool

Controlling from City Center in Hamburg (Germany)

Recommend 9/10
Full blue star
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What do you like most?

- Planning and Controlling of Single Entities or Regions / City - Several Data extracts give the possibility to analysis different topics - its possible to import data of Fairplanner in 3rd Party System...

What do you dislike or think could be improved?

- more functions to analyze clusters, e.g. pick up tracking - time of data extracts - copy of scenarios not only from object to object - introduction to some reports (help page / how to`s)

Customer Support
4.5
Ease of Use
3.5
Value for money
4
Implementation
4.5

Apr 09, 2021

Fairmas (FairPlanner) Review: Very good P&L Controlling tool and easy to work with

Assistant to CFO/ Controlling from Budget in Kreisfreie Stadt München (Germany)

Recommend 10/10
Full blue star
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What do you like most?

- Displaying our P&L on hotel basis and generating Excel & PDF exports to work with - Mapping of accounts is easy to implement and change - Possibility to see individual transactions and amounts by clic...

What do you dislike or think could be improved?

- Ability to open two windows (internet tabs) at the same time by not getting logged out in either one - Better explanation of segment management and segment codes/ names

Customer Support
5
Ease of Use
5
Value for money
5
Implementation
5

Jan 14, 2021

Fairmas (FairPlanner) Review: State of the Art Software

Corporate Manager Revenue from Branded in Düsseldorf (Germany)

Recommend 10/10
Full blue star
Full blue star
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Full blue star
Half blue star

What do you like most?

- Planning & reporting made easy with this suite of products - reliable both on property level and corporate level with lots of combination / consolidation options - automatic PMS data upload - very de...

What do you dislike or think could be improved?

- event configuration & management is more complicated in the new online version - online security means quick log-out, so you have to watch out for any unsaved data - page refresh in the rooms section ...

Customer Support
5
Ease of Use
4.5
Value for money
4
Implementation
4

Jan 04, 2021

Fairmas (FairPlanner) Review: Planning made easy

Managing Director from Serviced Apartment in Berlin (Germany)

Recommend 9/10
Full blue star
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Half blue star

What do you like most?

Great software custom-made for budgeting and forecasting in Hospitality. Both modules have very good customer support. Fairmas is always open to new ideas.

What do you dislike or think could be improved?

No knowledge base, sometimes easy access to permanently updated documentation would be great; No module for personnel planning in groups

Customer Support
5
Ease of Use
3
Value for money
4
Implementation
4.5

Dec 18, 2020

Fairmas (FairPlanner) Review: Good and easy to use business application

Director of Revenue Management from Branded in Vught (Netherlands)

Recommend 8/10
Full blue star
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Empty blue star

What do you like most?

Fairplanner has helped us to make a significant step forward in integrating our businesses and help our hotel teams to get grip engaged with their numbers. The app with the pick up tracker data is very mu...

What do you dislike or think could be improved?

Processing speed can be improved Daily actualized details on F&B and other revenue . implement self learning capabilities/ use algorithms to help forecasting

Customer Support
4.5
Ease of Use
4
Value for money
4
Implementation
4

Pricing

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Popular Fairmas (FairPlanner) Integrations

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