Business management and accounting software for hospitality businesses

Hotel accounting is much more than a tedious task to be completed once a month. It's important because it enables you to better forecast for the future, have a more realistic idea of your hotel's projected costs, and ensure that yearly budgets are maintained. Business management and accounting software for hospitality companies includes automation tools to reduce errors and save time. 

Cloud-based software brings real-time information to everyone at your company, allowing everyone to work more effectively and using the same data--wherever they are.

Yes, you can automate a number of accounting tasks for hospitality businesses, including automated multi-entity financial management and push-button consolidations. You can aggregate transactions in minutes across your hospitality business with multiple entities, stores, regions, properties, and brands. Free up resources by automating and streamlining financial multi-entity processes like procurement, month end close and intercompany consolidations. Improve cash flow and revenue forecasting with real-time visibility into cost and performance data, giving you the insights that you need to make informed management decisions. Gain real-time visibility into metrics and KPIs that matter for your business like RevPar, ADR, cost of goods sold, food cost percentage, RevPash, etc.

Automating your hotel accounting is a smart move. It makes it easier to keep track of your income and expenses, and can help you save money in the long run. You will save time, which means you'll be able to use resources for other parts of your business—which will not only save you money, but might even make you some! Some of the benefits of using hotel accounting software include increased efficiency and organization, improved customer service, and decreased financial risk.