Archive
Category: Blog-item
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Using Data Plus as the Hotel Finance Platform Under Your ERP
If you’re the CFO or Corporate Controller of a hotel group, you likely didn’t choose SAP or Oracle Financials because it was hospitality-native. You chose it because the parent corporation required a system that needed…
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Choosing Hotel Accounting Software: The RFP Checklist Finance Teams Actually Need
Most hotel finance leaders have sat through the same polished vendor demo only to find, six months into implementation, that the team is still manually reconciling PMS data, waiting two days for a report that…
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Hotel Budgeting and Forecasting Software: What Finance Leaders Should Expect From a Modern Planning Workflow
For most hotel finance teams, budget season is still a spreadsheet exercise. Templates go out to properties in the fall, general managers populate tabs built on last year’s assumptions, controllers spend weeks chasing missing submissions,…
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From Paper Checks to Portfolio Control: A Finance Leader’s Guide to Hotel AP Automation
Why Hotel AP Processes Break at Scale Every hotel management company reaches the same inflection point. At one or two properties the AP process is manageable. An AP coordinator handles the invoice stack, a GM…
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Why Many Hotels Are Still Running on Generic Tools (and What It’s Costing Them)
There is a familiar pattern in hotel finance. A property opens, or a management company takes on its first few assets, and the ownership group chooses QuickBooks, NetSuite, or another widely recognized accounting platform. The…
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Hotel Accounting Software: The Backbone of Total Financial Control Across a Multi-Property Portfolio
Why Hotel Finance Still Runs on Spreadsheets (And Why That’s Breaking) Ask any hotel controller managing three or more properties how they close the month, and you’ll hear a version of the same story: a…
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The Great Plains Sunset Is Closer Than You Think
Here’s Why Hospitality Finance Teams Are Moving On For years, Microsoft Dynamics GP (Great Plains) has been a backbone of hotel and resort finance departments. But Microsoft has officially announced that mainstream support for Great…
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How to Choose the Right Hospitality Accounting Platform: A Guide for Hoteliers
Why should hotels use hospitality accounting platforms? Hotels should use hospitality accounting platforms because these systems are purpose-built to handle the industry’s complex financial structure, are USALI compliant, integrating seamlessly with a property management system…
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The Hidden Costs of Using Generic Cloud-Based Bookkeeping Software in Hospitality
For many hotels and resorts, the first instinct when setting up accounting systems is to rely on widely available cloud-based bookkeeping software like QuickBooks. Tools like these are affordable, easy to set up, and often…
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What Is Hotel Management Accounting Software and How It Works
The hospitality industry runs on tight margins and complex operations. Finance leaders must balance multiple revenue streams, departmental reporting, owner expectations, and strict compliance standards, all while keeping profitability in focus. Yet too many hotels…
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7 Ways Hospitality Accounting Software Improves Profitability
The hospitality industry is a balancing act. Finance leaders must juggle rising operating costs, changing guest expectations, seasonal demand swings, and complex ownership structures. Against this backdrop, profitability isn’t just about generating more revenue, it’s…
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Hospitality Accounting: The Evolution That Changed Everything
Imagine running a hotel in the early 2000s. Accounting was reactive, reports were days (or even weeks) behind, and teams were buried in spreadsheets trying to reconcile guest charges with revenue statements. Fast forward…
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Hotel Audit Readiness: Build It During the Month, Not at Year-End
Every hotel controller knows this feeling: the auditors’ request list lands in November, and suddenly the team that just closed October is hunting for…
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Hotel Finance Shared Services: An Operator’s Guide to Centralizing Without Losing Control
Every growing hotel management company reaches the same moment. The portfolio crosses some invisible threshold, the controllers are stretched across too many tasks, and…
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The Hotel Internal Controls Checklist: A Practical Review for Finance Leaders
Most hotel finance leaders know what a good control looks like. The harder question is whether that control is working at every property, every…
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Onboarding an Acquired Property: A 90-Day Playbook for Standardized Multi-Property Reporting
This guide covers that new property transition specifically: how finance leaders bring an acquired or newly managed hotel onto a standardized reporting structure without…
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Hotel Owner Reporting: A Guide to Faster, Clearer Portfolio Visibility
Every owner asks the same four questions on the first of the month: which properties are outperforming, where are margins slipping, are expenses tracking…
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The Hotel City Ledger: A Finance Leader’s Guide to Accounts Receivable, From Direct Bill to Collections
For most hotel finance teams, the city ledger is where clean numbers go to get messy. It’s the receivables a hotel carries for corporate…
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Hotel Treasury Management: Why Daily Cash Control Is Different from Cash Forecasting
Most hotel finance teams have a budget, a rolling forecast, and a month-end close that eventually ties out. Many of them still can’t answer…
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A Finance Team’s Guide to Deferred Revenue and Guest-Ledger Liabilities
Few areas of hotel accounting cause more month-end friction than advance deposits. Cash arrives long before a guest ever checks in, group blocks carry…
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Hotel Occupancy Tax Reconciliation: Building a Workflow That Survives an Audit
Every hotel finance leader knows the feeling: the tax filing deadline is two days out, and the numbers coming out of the property management…