FairPlanner (by Fairmas)

4.6 (21 REVIEWS)

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FairPlanner (by Fairmas)

4.6 (21 REVIEWS)

Unranked in Hotel Accounting Software

Fairmas - Your 360° Hospitality Financial BI Solution

Fairmas is popular in with 0 hoteliers leaving an average rating of 0.

What is Fairmas?

Founded in 2003 | Headquarters in Berlin (Germany) | 70 employees
FairPlanner (by Fairmas) is a financial planning and management reporting software specifically designed for the hotel industry. It streamlines the entire financial planning process, offering advanced budgeting, forecasting, and reporting capabilities. This platform allows hoteliers to make process-driven decisions, customize workflows, and access accurate data with ease. By reducing reliance on spreadsheets, FairPlanner frees up valuable time, enabling users to focus on strategic decisions that enhance profitability. It seamlessly integrates into existing operations, providing a robust solution for sustainable financial growth in the hospitality sector.

FairPlanner (by Fairmas) Alternatives

Not sure if Fairmas is right for your hotel? Here are similar Hotel Accounting Software vendors that could be a good fit for your hotel:

  1. 1. M3 — Best for improving financial accuracy and control in hotel management.
  2. 2. Aptech — Best for integrating financial operations with real-time data access.
  3. 3. Inn-Flow — Best for simplifying hotel financial tasks with comprehensive features.
  4. 4. Omniboost — Best for integrating hotel financial systems for better management.
  5. 5. Quickbooks (by Intuit) — Best for accessing real-time financial data for informed decisions.

Capabilities

Flexible planning scenarios

Free choice of market segments

Booking pace analysis

Monthly overview & comparison

Daily pickup per market segment

Features

Accounting

4/5 features

Forecasting & Budgeting

4/5 features

Reporting

4/5 features

Compliance & Tax

4/5 features

Data Management & Integration

4/5 features

Available Add-ons & Modules

Revenue Planning & Analytics

Revenue Management Systems
Revenue Planning & Analytics is the detailed solution for efficient revenue planning and performance monitoring per profit center on monthly or daily basis.

PREMIUM ADD-ON

P&L, Revenue & Cost planning & Consolidation

Hotel Accounting Software
FairPlanner is a 360° Hospitality Financial Planning & Analysis Software. It is designed for efficient revenue & profitability planning for all departments based on hotel-specific P&L charts of accounts. With interfaces to all major data integration systems (PMS, ERP, etc.), it is an intuitive planning & controlling solution with a dashboard of relevant KPIs; 360° insights at a glance.

INCLUDED

Daily performance analysis

Business Intelligence
For the simplified, up-to-date insight into the booking situation of today and the next 365 days. It enables efficient monitoring and optimization of the revenue management strategy based on the important hotel KPIs occupancy, ADR and RevPAR, without additional manual effort. Identify high and low demand periods for proactive action in Sales and Revenue Management.

INCLUDED

Fairmas Reviews Summary

4.6
Excellent
Ease of Use
4.4/5
Customer Support
4.8/5
ROI
4.4/5
Implementation
4.5/5

Recommended by

Achievements

Trending Product

This vendor's trending score is rising, FairPlanner (by Fairmas) is the #11 most trending product in the Hotel Accounting Software category (out of 39) and the #650 most trending product overall in the global hotel tech ecosystem. HTR assesses vendor's real time activity in the market to give buyers a sense of whether a product is gaining momentum

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Certified Support

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

Learn more about this achievement in the official press release
Certificate of Excellence

This vendor has not met the minimum criteria for the Certificate of Excellence which is awarded to vendors who exemplify transparent cultures and come highly recommended by their clients. For more information, please see the help center.

Learn about the criteria required to achieve HotelTechReport's Certificate of Excellence

Fairmas Pricing

Average

This product is priced in line with the average product in the category which is usually an indicator that it is a standard product with standard functionality designed for typical operations and use cases and properties.

Fairmas Average Fairmas

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Fairmas Reviews

Hotelier Rating

Excellent
17
Very Good
4
Average
0
Poor
0
Terrible
0

Property Size

  • Small (1)
  • Medium (1)
  • Large (13)
  • X-Large (5)

Country

  • Germany
    Germany
    (6)
  • Austria
    Austria
    (3)
  • Switzerland
    Switzerland
    (2)
  • Spain
    Spain
    (2)
  • Italy
    Italy
    (1)
  • Croatia
    Croatia
    (1)
  • United States of America
    United States of America
    (1)
  • United Kingdom
    United Kingdom
    (1)

Region

  • North America
    North America
    (1)
  • Europe
    Europe
    (16)
8

Comprehensive business intelligence tool

DORM -Germany from 100 to 199 room Bed & Breakfast & Inn in Utrecht (The Netherlands)

Verified
2 years ago
- Fast costumer service - Intelligent filtering and comparing of data - User friendly design and comprehensive layout - Quick data upload
Country The Netherlands
DORM -Germany
Large Hotel
10

Great tool

Director of Operations from 100 to 199 room Airport/Conference Hotel in Amsterdam (The Netherlands)

Verified
3 years ago
Great tool to manage individual hotels. You keep overview on single and portfolio basis. Very easy to work with. The tool makes our budget and forecast process so much easier.
Country The Netherlands
Director of Operations
Large Hotel
10

Different Brands, size of hotels, locations & cat. all can work with F-tool

Ass. Aquisistion & Dev. from 100 to 199 room Branded Hotel in Alboraya (Spain)

Verified
3 years ago
_ Forecast - Budget - Reporting in Excel - support from the team - Fairchain, for "set" Reporting - diffferent szenarios in FC and Budget
Country Spain
Ass. Aquisistion & Dev.
Large Hotel
10

It is very easy to upload the data and compare it

TAMARIT BEACH RESORT from 200 to 499 room Resort in Tarragona (Spain)

Verified
3 years ago
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
Country Spain
TAMARIT BEACH RESORT
X-Large Hotel
9

Single- and Multi-Property Planning and Controlling Tool

Controlling from 200 to 499 room Boutique in Hamburg (Germany)

Verified
3 years ago
- 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 Systems - Different views to analysis Current / Forecast / Budget
Country Germany
Controlling
X-Large Hotel
10

Very good P&L Controlling tool and easy to work with

Assistant to CFO/ Controlling from 200 to 499 room Bed & Breakfast & Inn in Munich (Germany)

Verified
3 years ago
- 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 clicking on segment level - Possibility to generate own chart of accounts - Very best customer service in case of problems (always friendly...
Country Germany
Assistant to CFO/ Controlling
X-Large Hotel
10

State of the Art Software

Corporate Manager Revenue from 200 to 499 room Branded Hotel in Dusseldorf (Germany)

Verified
3 years ago
- 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 detailed pick-up information - scheduled reporting as well as ad hoc reports in all areas - overall good integration to other revenue syst...
Country Germany
Corporate Manager Revenue
X-Large Hotel
9

Planning made easy

Managing Director from 100 to 199 room Extended Stay & Serviced Apartment in Berlin (Germany)

Verified
3 years ago
Great software custom-made for budgeting and forecasting in Hospitality. Both modules have very good customer support. Fairmas is always open to new ideas.
Country Germany
Managing Director
Large Hotel
9

Fairmas - a very good choice

Controller from in Emden (Germany)

Verified
3 years ago
- the clear representation - the uncomplicated import of accounting data - a great support, almost fast feedback and a good troubleshooting
Country Germany
Controller
8

Good and easy to use business application

Director of Revenue Management from 100 to 199 room Bed & Breakfast & Inn in Utrecht (The Netherlands)

Verified
3 years ago
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 much apricated and widely used in our organization.
Country The Netherlands
Director of Revenue Management
Large Hotel
  • 1
  • 2
  • 3

Expert Q&A and Partner Recommendations

Submit Recommendation
Question:

What does this product or service do well?

Answer:

FairPlanner is the hotel-specific business intelligence solution for efficient and transparent revenue and profitability planning and interfaces with many systems like Property Management Systems and Accounting Systems.

Question:

What differentiates this product or service from the competition?

Answer:

As a web-based corporate performance management software, FairPlanner is a controlling and planning solution at the same time: The intuitive dashboard shows all relevant hotel key performance indicators (KPI) and market data for 360° insights for the corporate control at a glance.

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:

FairPlanner is easy to implement and ready to use in all types of hotel businesses, being able to standardize and consolidate data regardless of the hotel locations. Our experience in working with Fairmas has always been very professional with a team always looking for new innovations.

RecommendationAvatar RecommendationAvatar RecommendationAvatar + 0 recommend
Recommended by
RecommendationAvatar
Olga Tolle-Rodrigues Sr. Manager, Global Alliances @ IDeaS
RecommendationAvatar
Julia Schroeder Head of Sales @ Hotellistat
RecommendationAvatar
[email protected] [email protected] Director of Partnerships @ Revinate
RecommendationAvatar
Olga Tolle-Rodrigues Sr. Manager, Global Alliances @ IDeaS
RecommendationAvatar
Julia Schroeder Head of Sales @ Hotellistat
RecommendationAvatar
[email protected] [email protected] Director of Partnerships @ Revinate
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Support

Unverified

Fairmas has not yet had their customer support processes certified by Hotel Tech Report. We recommend referencing the GCSC rubric during your demo call to make sure that this vendor has strong processes in place to support customers.

View Support Certification

Help Center Product Updates
Suppo Info Image Green check icon

2024

Learn more about the GCSC Certification

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Response Time

Less than a day

Recommended

93%

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