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Summer is a booming time for the hospitality industry – but for finance leaders, it can feel more like a pressure cooker than a vacation.  With guest volume surging, staffing stretched thin, vendors scrambling to keep up, and every department running at full speed, the finance team becomes the nerve center of hotel operations.  And… Continue reading How the Right Financial Management System Helps Hospitality Finance Leaders Navigate the Summer Travel Surge

Running a hotel or resort isn’t just about rooms and reservations. Today’s hoteliers manage a fast-paced business with complex financial needs, from multi-department reporting to regulatory compliance and margin pressures.  That’s why hotel-specific financial management software has become a necessity, not a luxury.  It helps hotel operators of all sizes replace spreadsheets and disconnected tools… Continue reading Hotel Financial Management Software: A Buyer’s Checklist

Managing hotel finances isn’t what it used to be.  With rising labor costs, complex multi-property operations, and constantly changing guest demands, hotel finance leaders need more than spreadsheets or generic accounting tools.  They need purpose-built hotel accounting software that delivers real-time insights, streamlines workflows, and ensures accuracy from property to portfolio. That’s where modern, hotel… Continue reading The Smarter Way to Manage Hotel Finances: A Closer Look at Modern Hotel Accounting Software

CHELMSFORD, MA — June 17, 2025 — Data Plus, a leading provider of financial management solutions for the hospitality industry, announced today that its founder and CEO, Bruce Bensetler, was inducted into the Hospitality Technology Hall of Fame by Hospitality Financial and Technology Professionals (HFTP) at the HITEC 2025 conference in Indianapolis. The Hospitality Technology… Continue reading Data Plus Founder Bruce Bensetler Inducted into the 2025 Hospitality Technology Hall of Fame

Hospitality finance is changing fast, and for hotel CFOs, standing still is not an option. Margins are tighter.  Guest expectations are higher.  And financial decisions must be made faster and with more precision than ever before.  Whether you’re managing a single luxury resort or overseeing a global portfolio of properties, the pressure to modernize your… Continue reading Hospitality Finance in 2025: 7 Trends Every Hotel CFO Needs to Watch

The most successful finance leaders aren’t number crunchers. They’re storytellers. A finance leader at a recent conference said something that stuck with me: “The most successful finance leaders I’ve met are the best storytellers. The organization doesn’t need them to just report what happened. They need them to explain what it all means – and… Continue reading Stop Reporting. Start Storytelling. Why Hospitality Finance Leaders Must Change the Narrative

Bank reconciliation may not grab headlines, but for hospitality finance leaders, it’s a cornerstone of control, accuracy, and confidence.  With multiple properties, dozens of bank accounts, and high transaction volumes, even a small discrepancy can snowball into significant financial reporting issues – or worse, undetected fraud.  In turbulent economic times, poor reconciliation processes can leave… Continue reading Bank Reconciliation in Hospitality: Why It’s Time to Ditch the Spreadsheets

In hospitality, every day counts.  A few missed revenue opportunities or unchecked labor costs can make the difference between a strong month and a financial disappointment.  Yet many hospitality companies are still making critical decisions based on outdated data or delayed reports.  In today’s fast-moving, volatile hospitality market, that’s a risk that finance leaders simply… Continue reading Why Daily Management Reporting is a Must-Have for Hospitality Finance Leaders

Hospitality finance is evolving rapidly, and finance leaders who continue to rely on outdated metrics are putting their organizations at a serious disadvantage. The latest edition of the Uniform System of Accounts for the Lodging Industry (USALI) introduces a more modern, detailed, and data-driven approach to financial reporting – one that reflects the complexities and… Continue reading Why Hospitality Finance Leaders Must Include the New USALI Metrics in Daily and Fiscal Period Reporting

In hospitality, cash management can’t be treated as an afterthought. Hospitality finance leaders are running a high-volume, service-intensive business that relies on timing, accuracy, and flexibility – and every decision their team makes hinges on cash. Yet many hospitality finance teams are still relying on spreadsheets, paper processes and checks, and outdated systems to track… Continue reading Stop the Bleeding: Why Hospitality Finance Leaders Must Automate Payables and Bank Reconciliation