Payroll
How Hotel Payroll Integrates With Accounting
Hotel payroll integrates with accounting by automatically posting wage costs to the correct general ledger accounts …
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Inn-Flow Acquires Lilo to Unify Procurement with Accounting and Labor, Accelerating AI-Driven Innovation Across Its Hotel Platform
Acquisition brings AI-powered procurement into alignment with accounting and labor, while adding engineering expertise that will accelerate innovation across the platform
Accounting
How Hotel AP Teams Process Invoices
Hotel invoice processing follows a sequence of steps: invoice receipt and capture, GL coding, manager approval, …
Accounting
Common Hotel Accounting Errors (And How to Prevent Them)
Hotel accounting errors fall into predictable categories: revenue misclassification, advance deposit handling mistakes, payroll posting problems, …
Business Intelligence
How AI Improves Hotel Financial Reporting
AI improves hotel financial reporting by automating the data preparation steps that controllers spend the most …
Accounting
Hotel Accounting Automation: 6 Benefits for Management Companies
Hotel accounting automation delivers six measurable benefits for management companies: faster close cycles, fewer accounting errors, …
Hotel Industry
What Systems Do Hotel Management Companies Use?
Hotel management companies typically run a core stack that includes a property management system (PMS), hotel …
Procurement
The Procurement Cart Optimizer Just Got Smarter: More Savings, More Control, Zero Guesswork
Optimized hotel procurement is all about balancing cost with consistency. Sometimes an exact replacement is what you …
Accounting
Hotel Budgeting and Forecasting Explained
A hotel budget is an approved annual financial plan set before the year begins. A hotel …
Advice for Hoteliers
10 Financial KPIs Every Hotel Management Company Should Track
Hotel management companies that track the right financial KPIs can identify performance problems weeks before they …