Enter the growing popularity of Enterprise Resource Planning systems (ERPs) for hotels that provide consolidated functionality in one platform. Hotel ERP’s stand out from other software in that they are built to integrate different aspects of the business into one consolidated system.
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When a hotel company gets ready to start working with a new accounting system, most plan to take the plunge with a universal go-live date for all properties. However, sometimes hoteliers request to only onboard one or two hotels out of the portfolio to start.There may be very valid reasons for this request - the...
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In today’s competitive hospitality industry, choosing the right back-office hotel software can significantly impact your hotel company’s efficiency and profitability. You need a system that provides real-time information on the financial health as well as performance of each hotel, and the portfolio. For financial well-being, it often boils down to a choice between specialized hotel accounting software and a comprehensive hotel ERP platform. Each solution has advantages depending on the needs of the hotel management or ownership group. In this blog, we’ll explore the key differences between these two types of software, helping you determine which is best suited to meet the specific needs of your hotel business.
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HIA, the premiere hotel ERP, has announced a new integration with Microsoft Teams as part of its latest enhancements. Other recent enhancements include improved mobile app experience, and improved GL error detection.
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Having a streamlined back office merrily humming as it processes revenue and expenses is the dream of many hotel finance teams. And it is an achievable dream with a digital transformation of that cornerstone of the hotel back office - the accounting system. The accounting system is the key to providing more accurate, comprehensive, and...
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Since the start of this century, we have experienced three recessions: March – November 2001 (9/11 and the Dot.Com bubble); December 2007 – June 2009 (Great Financial Crisis – GFC), and February – April 2020 (the pandemic). All three had very different contours (depth and duration), which may be explained by the principal cause associated with each contraction.
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In HIA Intelligence, HIA’s business intelligence and labor management solution, the Inova integration will work directly with HIA’s business intelligence and labor management tool to help hoteliers make smarter labor decisions by offering real-time labor analysis.
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Hotel Investor Apps (HIA), the hospitality-specific ERP, Accounting & Business Intelligence solution, has been recognized with the Acumatica Innovation Award 2024.
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With the new seamless bank aggregator, HIA boasts more coverage of local banks, and more total banking integrations than any other accounting solution in the hospitality industry.
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Hotel Investor Apps (HIA), the hospitality-specific ERP and Accounting platform, announced today the addition of Matthew Polk, MBA, as Director of Customer Onboarding.
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Get A Quick Overview Of The Key Features & Navigation In HIA – The ERP And Accounting Platform That Is Transforming Hotel Management Operations
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Hotel Investor Apps (HIA), the hospitality-specific ERP, Accounting and Intelligence platform, announced today major new enhancements to its business intelligence solution, HIA Intelligence. The latest product release includes more insights into financial, operational, and labor data and an enhanced user-interface.
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Hotel Investor Apps (HIA), the hospitality-specific ERP platform, announced today that Baywood Hotels (Baywood), a privately held development and management company operating over 120 hotels nationwide, has expanded its utilization of HIA’s ERP & Accounting platform with the addition of HIA Intelligence, a business intelligence product.
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They say knowledge is power. And in the competitive hotel industry, staying ahead of the curve means leveraging the right tools to convert raw data into actionable insights. That's where business intelligence (BI) software comes into play. Instead of sifting through spreadsheets and reports to get a clear view of your hotel's performance, you'll get a comprehensive,...
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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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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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