It is no secret that hotel finances and accounting have unique sets of challenges.  Invariably, they all tend to demand attention when time and resources are already stretched thin.  This high-demand environment requires hotels to be nimble, educated, and equipped with the latest technology to streamline process and drive financial performance.

Unfortunately, many hotel owners and managers tend to be slow in adopting new technology, and upgrading accounting systems, to match the changing demands placed on the accounting team.  In this environment, hotel accounting executives have little patience for card payment processing relationships that waste precious time, interfere with continuous cash flow, or have service issues that interrupt the basic card processing functions.

Hotel accounting executives need to be focused on big-picture accountabilities like:

• Enterprise resource planning decisions
• Staffing and labour cost reporting
• Multi-level data management
• Managing capital and operating budgets
• Managing cash flow and bank transaction integration