Hotel Investor Apps (HIA)

# 1 challenge with expense tracking and cost control for #hotelmanagement companies: Inconsistent Charts of Accounts across properties. This is a problem for every hospitality company we've encountered coming from a non-hotel-specific accounting software. Even for those organizations using another #ERP. Without COA standardization, comparing expenses and benchmarking expenses becomes a time-consuming headache. Even with the best of intentions, the temptation to add accounts or customize per property is too great. The solution? Use a financial management platform designed for multi-property portfolio that offers a global COA - even better if it offers a pre-defined COA which follows USALI standardizations. Other features to look for in accounting software for optimal expense management: 1. Onboarding help to map your local chart of accounts into the new global COA. 2. Synchronization of data, so that when a change is made to the COA, it appears everywhere at once. 3. User restrictions so that only designated admin can modify the global COA, maintaining it's integrity. Bonus feature: the ability to maintain the global COA while also offering a separate chart of accounts for other entity types, such as the corporate books, or other hospitality venues like marinas and golf courses. Ready to streamline your #hotelmanagement finances? Learn more about the benefits of a global COA in our latest blog: https://lnkd.in/gP2DsXu7 #hotelier #hotelaccounting #financialmanagement #hospitality #hospitalityindustry #hospitalitytechnology #hospitalityERP #ERPsoftware

It puts the "Hire happy people" adage on its head. Because even happy people need the right tools to do the job well, serve the guest well, and serve the company well. The accounts receivable clerk for example, we see job satisfaction go down when they are frustrated over the incredibly tedious and time-consuming task of handling management invoices, then they face the frustration of upper management for delayed, inaccurate, or missing payments. Instead, imagine their joy when they get to use a software that facilitates every aspect of their job and seamlessly connects property payables, corporate reporting, and business intelligence! One back-office platform that gets the job done and empowers people! #hospitalityERP Hotel Investor Apps (HIA) #ERP, #AccountingSoftware, #BusinessIntelligence

?? Breaking News! We are thrilled to announce that the leading US #hospitalityERP is now available in the #UK! ?? Hotel Investor Apps (HIA) has entered into a strategic partnership with Tascoli to bring HIA’s advanced ERP solution to hotel owners and managers in the U.K. market. “Expanding into the U.K. market with a trusted partner like Tascoli allows us to extend our mission of transforming hospitality financial management,” said Charlie Fritsch, CEO, Hotel Investor Apps. “Together, we’re setting a new standard for hotel ERP solutions in the United Kingdom.” “We are thrilled to partner with Hotel Investor Apps to bring their cutting-edge ERP solution to the U.K. market,” said James Morgan, CEO, Tascoli. Read the full story on LODGING Magazine: https://lnkd.in/egZd47vS #hospitality #hospitalitytechnology #erp #UK

If your #hospitality #techstack is a puzzle, and the pieces don't fit together, you will never get the full picture. This is a story about consolidation and integration. #Hoteliers are voicing their frustration with disparate software which cause delays, and inefficient time usage. The resulting data silos creates the potential for errors (due to manual entry), wasted labor, and, most important, a lack of transparency and visibility of the true status and trends of operations. A consolidated tech stack starts in the back office with an #ERP. Your #HospitalityERP works as a unified platform performing the functions of multiple programs, from property accounting to corporate accounting (with advanced features like automated intercompany journal entry, smart bank reconciliation, etc.) and from Budgets & Forecasts to Business Intelligence. Then, when you integrate front-of-house PMS and POS software with automated data imports and back-of-house software like payroll/ HR and purchasing, you get a single system of record. Moving to a single platform creates operational efficiencies, cost savings, reliability, and transparency. Its the best way to get real-time financial insight into your hotel operations. If this sounds intriguing to you, check out Hotel Investor Apps https://lnkd.in/eGHHRfNV Hotel Investor Apps (HIA) #ERPsoftware #hospitalitytechnology #hotelmanagement

Thank you to the bidders, participating hotels, and The Bowman Post Group Foundation. Together we can support hospitality employees through education and charitable benefits! #hospitalityindustry #makeadifference

We spoke with #hoteliers at last weeks' The Hospitality Show, and here are 3?top trends in finance and technology that kept coming up in conversations: 1?? Flexible Reporting is King 2?? GL is Still the Backbone of the Back Office 3?? Efficiency Leads the Way Dive into what we mean in the full article here: https://lnkd.in/eJZCjRH3 #hotelmanagement #hospitalitytechnology #hotelaccounting #hospitalityERP #financialmanagement #efficiency

Had a great time catching up with Preena Patel from A-1 Hospitality Group at the Washington Hospitality Association Conference today! Always a pleasure connecting with you! With Candra Valley #hospitalityindustry #hotelmanagement #hospitalitytechnology #hospitalityERP

#Seattle #Hoteliers, do you crave consolidated data from across the tech stack in one place, in real-time? Are you interested in having your financial and operational teams informed by the same data, accessed via the same platform? If yes, come see Candra Valley at Washington Hospitality Association Conference Booth # 23! Tomorrow, Thursday Nov. 7th, 2024! #WaHospitality #hospitalityindustry #hospitalitytechnology #hospitalityERP

Meet Candra Valley at the Washington State Hospitality Conference Thursday! Candra is ready to talk all things #hospitalityERP, streamlined financial management, real-time operational and labor intelligence, and back-office efficiency! Come by Booth # 23 to learn more about #HIA #ERP and #Accountingsoftware for #hotelmanagement. #WaStateHospitalityConference #wahospitality #washingtonhospitalityassociation #hospitalityindustry #WashingtonStateHospitalityConference2023 #HiltonMotifSeattle #Seattle

Are you searching for a single-platform solution for your #hotelmanagement or #hospitality company? But you don't know where or how to start the search for an all-in-one #financialmanagement tool? Download our free #ERPSelectionGuide! "How to Choose the Right ERP for Hospitality" eBook is an easy to read, easy to use breakdown of the 9 step process to evaluate and select the best ERP for your hotel company. PLUS! To facilitate the evaluation process even further, we've included our "Must-Have ERP Features for Hospitality Checklist". This comprehensive checklist helps #hoteliers pinpoint essential features to include in their requirements for hospitality-specific, financial management and total back-office solution. This combination is perfect for all hospitality team evaluating the move to an #ERP or an upgrade to a more modern, hospitality-specific ERP. Download your free copy here: https://lnkd.in/epDmGrqS #hospitalityERP #ERPsoftware #hospitalitytechnology #hotelaccounting #hospitalityindustry #hotelier