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100 Ht Score
2023 WINNER
This product is trending
93 Ht Score
2023 FINALIST
This product is trending
89 Ht Score
2023 FINALIST
79 Ht Score
unranked
This product is trending
47 Ht Score
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unranked
93 Ht Score
2023 FINALIST
Aptech Computer Systems Inc’s Finance & Accounting Software product suite also includes:
89 Ht Score
2023 FINALIST
Inn-Flow’s Finance & Accounting Software product suite also includes:
ICG FrontHotel’s Finance & Accounting Software product suite also includes:
Hotel.care’s Finance & Accounting Software product suite also includes:
0 Ht Score
Aptech Computer Systems Inc’s Finance & Accounting Software product suite also includes:
0 Ht Score
Fairmas’s Finance & Accounting Software product suite also includes:
Birchstreet’s Finance & Accounting Software product suite also includes:
Stripe’s Finance & Accounting Software product suite also includes:
Omniboost’s Finance & Accounting Software product suite also includes:
Busy Rooms’s Finance & Accounting Software product suite also includes:
Life House’s Finance & Accounting Software product suite also includes:
75 Ht Score
NightsBridge’s Finance & Accounting Software product suite also includes:
Accounting software will pull information from multiple sources via strong integration networks and put that information on an easy to consume dashboard where a user can process and act on information gleaned in seconds instead of hours. Back-office daily tasks like payroll and property management can be sped up through automation in line with standard accounting procedures – and more importantly those daily tasks can be streamlined among multiple users in a consistent and manageable process. Dashboards with powerful reporting capabilities can give valuable insight into trends and desired baselines, and the user can then use those reports to develop actionable insights on expenses such as labor bloat or overpriced operating items, but can also provide clarity on what increases profits and allows for a higher Per Occupied Room. Overhead can essentially be reduced and bottom-lines increased.
Hospitality companies must oversee and manage a bevy of departments, revenue streams, and expenses. Reservations, room service, food and beverage and banquets, sundries and any number of guest amenities have to be managed as well as operational costs itemized to the line. A strong accounting platform will help hoteliers track and analyze these data points as well as allow for more transparency within their operations including where costs can be slashed, and profit maximized.
Accounting software can help hoteliers identify trouble spots which can be eliminated or mitigated, as well as efficiencies which can be mimicked and replicated. This allows for common-sense revenue increases. 2Increase Revenue By having your data protected and accumulated in a software system, reporting functionality is easier to consume and yet the capabilities of the system are more complex than ever before. With powerful technology, you can more easily study trends and take action based on the trends your data shows.
Customized Reporting: Allows customers to report data in a way that makes sense for their organization. Consolidated reporting at the enterprise level, department specific reporting, and line item reporting all matter to different people at various levels of the organziational chart.
Intercompany functionality: When management companies can enter expenses at the enterprise levels and those inputs funnel down to the property level. Shared expenses can divided out between properties at the appropriate level and don’t require property level input.
Intelligent Imaging: OCR technology that reads the invoices, and then the module learns the customized workflow for invoice entry which saves time, money, and ensures accurate invoices for payment. The invoice can then be emailed to a specific email which automatically uploads it into the accounting core application.
Permissions based access and reporting: This gives organizations the ability to see accounts that influence and matter to their day-to-day needs versus those that need limited access to protect confidential information.
Implementation Expense. There shouldn’t be any implementation costs at all unless you require custom integrations.
Implementation can vary by property. Make sure you understand the time, pain points and costs associated with an implementation. It is often during this process where you will quickly understand if you have a true partnership, or catch and release program.
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