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benchmark global hospitality - UNITED STATES

Sage delivers first-class service for Benchmark Global Hospitality

Global hospitality firm nets $800,000 worth of time savings and streamlines financial reporting across 50 properties

Merger creates need for one consolidated finance system

Following a merger with fellow hospitality business Gemstone, Benchmark needed to consolidate its financial management into one single platform. Swayed by Gemstone’s reports of good experiences using Sage Intacct alongside ProfitSword - a BI and budgeting solution geared for hospitality – Benchmark decided to choose Sage as the solution of choice.

The dual capabilities of Sage Intacct and ProfitSword integrated together made the decision really easy for the [new] combined entity.

Brett Atkinson
SVP Finance

Seamlessly managing finances across 50 properties

Since moving to Sage Intacct, Benchmark has gained financial visibility, efficiency, and scalability that are helping fuel its continued growth. The newly combined company can seamlessly manage financials across a complex environment of over 50 properties and 80 entities. Benchmark is also saving $800,000 a year in value by dramatically reducing manual accounts payable work. 

It’s a simple and easy process for us to bring on a new property. We can set up a new entity and bring in historical data in a couple of days; it’s very efficient.

Brett Atkinson
SVP Finance

Better insights and decisions at multiple levels

The combination of Sage Intacct and ProfitSword has given Benchmark new insights into portfolio performance for more informed decision-making at the corporate, departmental, and property levels. Daily information from properties, including occupancy and profitability, are fed into ProfitSword and then into Sage Intacct, allowing detailed reporting in either system.

We can quickly assess how we’re performing against budget and forecasts, or comparative pricing across locations, and what levers to pull to improve a certain metric.

Brett Atkinson
SVP Finance

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