ERP Development Highlights of 2023

By Jaime Goss

Hotel Investor Apps is always developing and improving its hotel ERP platform. In 2023, HIA released state-of-the-art import features, added new integrations, improved user experiences, and expanded business intelligence features. Here are a few of the development highlights:

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Why Hotel-Specific Accounting Software Fails Management Companies

By Jaime Goss

Just as it takes a specific skill set to effectively manage hotels, those of us in the industry also know that hotel management itself requires specific software. Hotel-specific accounting software meets the unique needs for hotel accounting; however, it was never designed to be used by third-party management companies to manage their corporate finances.

Consider the challenge for management companies to bill each hotel for management services. . .

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2023 Top Trending Articles Round-Up

By Elisa Fritsch

As we wrap up 2023 and look towards 2024, here is a quick round-up of some of the top articles on hotel back office innovation.

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Economic Forecasts & Identifying Opportunities in 2024

By Jaime Goss

At the start of 2023, despite rising inflation and higher interest rates, the hotel industry was cautiously optimistic. In 2024, strong travel fundamentals are expected to off-set a stalling economy. RevPAR growth is forecast at 4.1%.

With these forecasts and lodging trends in mind, here are 4 critical thinking questions applied to the lodging sector. See if you think these will help your team take proactive management action:

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The Danger of being Caught without General Ledger History in an Audit

By Elisa Fritsch

Looking to update your hotel accounting software? Make sure you choose one that preserves your General Ledger history or risk being caught without one!

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HIA Expands with New VP for East Coast

By Jaime Goss

Hotel Investor Apps (HIA), the hospitality-specific ERP and Accounting platform, announced today the appointment of Gregg Suffredini as Regional VP of Sales – East.

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Why AP Automation is a Must for Hotels

By Jaime Goss

Is your hotel Accounts Payable team buried under invoices? Harried, stressed, balancing invoices, due dates, approvals, and dragged down by manual entry processes?

It doesn’t have to be this way. Imagine a streamlined future where invoices are automatically scanned, data recognized, sorted, and coded into the accounting system. Where your team wins back ⅓ of the time …

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HIA Welcomes New VP for West Coast

By Jaime Goss

Hotel Investor Apps (HIA), the advanced accounting and business intelligence company, has appointed Candra Valley (Rader) as Regional VP of Sales – West.

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An Integrated Food and Beverage Experience – with Marriott, Toast, and HIA

By Elisa Fritsch

Marriott International and Toast have recently announced an agreement to make the “Toast for Hotel Restaurants” point-of-sale (POS) system available to food and beverage outlets within Marriott’s select-service hotels in the United States and Canada. “Toast for Hotel Restaurants” integrates with Marriott’s PMS system enabling hotels to offer an integrated food and beverage experience throughout […]

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Leveraging Real-Time Reporting in the Hotel Industry: A Game Changer

By Elisa Fritsch

Discover how real-time reporting can revolutionize financial decision-making in the hotel industry. From enhancing revenue management to streamlining tax planning, we dive into how this powerful tool transforms your approach from reactive to proactive. Let’s navigate the path to profitability and growth

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The True Cost of Not Updating Your Hotel Accounting Software

By Chip Fritsch, COO

Discover the hidden consequences and missed opportunities that arise from neglecting to update your hotel accounting software.

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How Hotel Automation Saves Time And How to Get the Most Out of It

By Charlie Fritsch, CEO

Explore the profound impact of automation on hotel operations. Learn how technology streamlines labor-intensive tasks like inventory and administrative work, boosts efficiency, reduces errors, and saves time and money. Discover how automation aids data-driven decision-making, makes scaling easier, and optimizes back-of-house operations.

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Essential Hospitality Tools: What is Business Intelligence for Hotels?

By Jaime Goss

Explore the world of Business Intelligence and its impact on revenue, guest satisfaction, and overall success in the hospitality sector. Learn how data-driven insights can drive growth, enhance operational efficiency, and unlock a competitive edge for hotels.

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Accounting for Hotels 101: All the Basics You Need to Know

By Elisa Fritsch

Discover the ins and outs of hotel accounting in this comprehensive guide. From understanding the unique financial needs of the industry, handling day-to-day operations, managing seasonal variations, to implementing specialized hotel accounting software, we delve into everything you need to manage your hotel’s finances effectively.

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Why Security Should Be Your Highest Priority for Hotel Software Moving Forward

By Charlie Fritsch, CEO

Discover why prioritizing security is crucial for hotel software. Safeguard guest data, protect against cyber threats, and ensure a trusted and reliable experience. Stay ahead of evolving risks and make security your top concern when choosing hotel software solutions.

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Mastering Hotel Report Consolidation: Traditional vs. Simplified Approaches

By Elisa Fritsch

Discover the ultimate guide to mastering hotel report consolidation. Explore the differences between traditional and simplified approaches, and unlock efficient methods to streamline your reporting process. Simplify your workload and maximize productivity with our expert insights.

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Streamlining Hotel Finances: A Guide to Automating Bank Reconciliation

By Jaime Goss

Discover effective strategies and tools to automate bank reconciliation for hotels. Learn how to streamline financial processes and reduce manual effort through innovative automation techniques tailored specifically for the hotel industry.

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When and Why You Need to Switch to a Hotel-specific Accounting System

By Chip Fritsch, COO

Discover the importance of transitioning to a hotel-specific accounting system. Learn when it’s time to make the switch and why it’s crucial for streamlining financial operations, improving accuracy, and maximizing profitability.

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