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How crucial is Hotel Accounting Software for a hotelier while chasing SUCCESS?

by Johnson
May 9, 2020
in Tech
Reading Time: 4min read
Accounting software

Regardless of whether you run a hotel or a hotel chain, it turns out to be imperative to monitor your back office activities. Starting from account payables to receivables, revenue to expenses, followed by daily sales to profits and also the banking information. That is the routine by which you will become more acquainted with your business performance, including operational efficiency and profitability.

The ever-changing technology and innovation is in its way empowering hoteliers and the hospitality industry via automating and simplifying the majority of the back office tasks. So they can settle on educated choices and make informed business decisions, get insights, and assemble ongoing data, permitting them to focus more on improving guest satisfaction.

Gone are the days of spreadsheet dependency! An estimation of 88 percent spreadsheets prone to errors and sadly those cost billions for businesses. Like many, you might have also faced fat finger errors dealing with spreadsheets and suffered from financial losses. But, now the technology transformation has changed everything, giving a big time relief to all. Software solutions are the best examples for this and custom build even more simplified our lives. Now, you can run your entire hotel chain accounts in one place, with a touch of a button away. It’s time to say goodbye to those depression days of facing accounting errors and bookkeeping slipways.

Nimble Property is one of the best back office hotel accounting software accessible in the present hospitality world. Flawlessly intended to address the issues of hoteliers, managers and accountants with consistent integration of PMS, Banks and GSS & STR import. The friendliness explicit back office accounting system gives the maximum advantage of accompanying following reasons: Hotel Data Automation in daily sales is enabled through PMS integration, all your hotels’ day-to-day sales, receivables and statistics data is pulled automatically into the nimble hospitality accounting software.

PEEK-A-BOO Into The Hotel Accounting Software Maximum Advantage

Hotelier-friendly Accounting Solution Nimble Property stands to be the best hotel analytics software designed to help hoteliers monitor their KPIs like Daily Sales, Rooms Sold, Occupancy %, ADR, RevPAR, GSS info, everything on a single screen.

Hotel Industry-specific Reporting in Nimble Property’s hotel accounting software seamlessly lets you generate combined reports of your hotel group and multi-property transactions ‘on the go’.

The Accounts Payable Automation module lets you upload your vendor invoices with one-time OCR scanning and automates the entire bill entry process, everything within a few clicks on nimble’s best-in-class hotel accounting software.

GSS & STR Import and Review lets you read guest comments know the pulse of your guest experiences and your position in the market via competition analysis (competitive sets, financial statistics and key performing areas).

Business Intelligence enabled Forecasting Analytics of Nimble’s hotel accounting software to give you deep insights on data analysis and ageing info, letting you make informed business decisions.

The Nimble Property accounting software has seamless integration access with Opera, OnQ, GSS Surveys, Banking Institutions, Payroll and STR to ease the entire back office hotel accounting processes.

DIVE DEEP Into 5 Things To Be Considered Before Buying Hotel Accounting Software

1. SECURITY:

Your data safety and security is the primary thing to look at while going for a hotel accounting system. Without that, it’s just a nonstarter so consider the solution like Nimble Property, which leverages AWS like a trusted cloud partnership.

2. EASE OF INTEGRATION

For a streamlined hotel group’s accounting and operations management, you’ll need an intuitive system that enables PMS Integration, Banking Connectivity and Seamless Import of Historical Data. Look for a system that ensures a fast-as-possible integration and invest in solid partnerships to integrate with your payroll vendors and banking or financial institutions. This makes your life easier as a hotelier!

3. MOBILITY & ACCESS

Hoteliers and accountant staff shouldn’t be limited to access the accounting and financial information only when they are at desks. The capabilities of modern technology have blessed delivery models that ensure anytime anywhere information accessible so that hoteliers and staff can run hotels with optimal effectiveness and deliver the best ever possible guest service. Lookout the cloud access enable system like Nimble Property, which prioritizes mobility and easy communication. By which you’ll experience operational efficiency through hotel accounting accessibility on a smart device.

4. INTUITIVENESS AT ITS BEST

With a great collection of valuable hotel accounting features and modules, the user interface must be simple and easy-to-use. Like Nimble Property’s UI is very interactive, less complicated and easily navigable. According to your personal preferences, you must be able to customize the UI effortlessly. This is the key for hotel staff and management, so make it a priority to opt for the system that’s fully-functional even for people with less expertise.

5. ZERO MAINTENANCE. ECONOMIC PRICING.

The hotel accounting software maintenance and upgrades are to be included in the package subscription, so you can stay away from bearing the burden of high maintenance costs. Also, go for an economic one, where the service provider doesn’t compromise on the quality and even takes care of minor bookkeeping and migration. Nimble Property is fairly priced when compared across others in the market and nimble offers a strong commitment to delivering best-in-class quality in a timely manner.

CONCLUSION

Nimble Property has it all! In this competitive world, you’ve less time for drama so you need a trustworthy hotel accounting software within affordable price range, but feature-rich. So look no farther than the custom built one and that is ‘Nimble’.

Unlike spreadsheets, this cloud-based solution is a window into your hotel’s financial data, without no digging into data or various systems login.

Your business planning, budgeting and forecasting will be never so easy or accurate anywhere, like in Nimble Property.

Want to bring yourself out of that spreadsheet purgatory and start making the best use of your data? Nimble Property is what you must try today!

Tags: back office hotel accounting softwarehotel accounting softwaretailored hotel accounting software
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