NEW: THE FAIRPLANNER BUDGETING AND FORECASTING TOOL
(19. October 2008)With FairPlanner, sales and cost budgets, in addition to forecasting processes, can be displayed in a standardised manner for each hotel. By cross-checking data with the PMS system (historical and future accommodation data) and the accounting system (historical observation), FairPlanner has been fully aligned with the leading systems and established data parity. With FairPlanner, planning is made simple, effective, and intelligible thanks to the intelligent preparation of historical data and the use of benchmarks and drivers, e.g. costs per occupied room, per division and cost type. The standardised reporting system has been specially adapted to the requirements of the hotel business and can be individually extended, at any time. FairPlanner can be employed by individual hotels and by hotel chains.
NEW: FAIRCHAIN IS EVOLVING INTO A DATA WAREHOUSE
(19. October 2008)In addition to FairChain's existing functions, a platform has now been created to allow the consolidation of budget and forecasting data per hotel from within FairPlanner. A major benefit of this feature is that the organisational structures of chains can be displayed in the data warehouse in different ways and absolutely dynamically. For instance, hotels can be sorted according to region or ownership status, as well as by brand. Reports can be sent automatically by e-mail to easily definable groups of users.
ROLF KRAHL, DIRECTOR OF FINANCE, PRECISE HOTEL COLLECTION
(19. October 2008)"We wanted to implement a simple, standardised, budgeting, and forecasting process, where the solutions employed were mutually compatible and could rationally supplement each other. The tools provided by Fairmas are coordinated systematically and ensure data parity at all levels", added Rolf Krahl, the Precise Hotel Collection's Director of Finance.
