Enterprise Resource Planning systems (ERPs) are becoming increasingly popular with hotel management companies that are looking for full portfolio financial oversight with modern tech advantages. ERP’s are attractive because they are built as a consolidated platform, and can often replace multiple other software types. The rub when it comes to implementing an ERP for a...
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Fixed Assets are an important part of hotel financial management and planning. When you can have that technology incorporated into your Accounting & ERP system, that is a win-win because it gives so much more visibility and cuts down on one less extra software. Check out all the synergies and benefits of HIA's Fixed Asset...
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How do you determine the best ERP system for your hotel company? Evaluate your options with these 8 selection criteria most relevant for hotel management, ownership, or development firms.
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We know that "ERP" is not a common term in the hotel industry, so let's cover what the term means and how our ERP structure helps us provide more functionality for our customers!
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Hotel Investor Apps (HIA) regularly releases new updates to keep improving our ERP & Accounting platform. We are pleased to announce that the next roll-out period for updates will be February 15th to March 15th, 2025, during which new features will be gradually deployed to all customers. “We are excited to get out of the gate...
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2024 was a great example of our dedication to making HIA ERP & Accounting platform the best in the industry. The HIA in-house development team built new software integrations, enhanced key areas of the system like Budgeting & Forecasting, Bank Connect, and Business Intelligence, as well as improved the overall user experience.
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Hotel Investor Apps (HIA), the leading hospitality ERP platform, announced today it entered a strategic partnership with Tascoli, a leading ERP consulting and implementation service provider in the UK. Together, they will bring HIA’s advanced ERP solution to hotel owners and managers in the UK market.
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“The numbers are… how we keep score in the game of hotel management.” - David Lund, hotel financial coach and author, “The Prosperous Hotelier”If numbers are how we keep score in hotel management, then hotel teams deserve the best scoreboards possible with which they can track performance against budget and keep their eyes on the...
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Choosing the right ERP system for your hospitality business can transform the way you operate, offering streamlined processes, real-time insights, and improved profitability. This comprehensive guide covers essential factors to consider when selecting an ERP tailored to hospitality, from evaluating key features and integration capabilities to understanding total costs and ROI. Whether you’re a third-party management company or a privately owned hotel, these best practices will help you make an informed decision that supports long-term success. Discover how to choose the perfect ERP for your hospitality organization, and get a head start with our free ERP Features Checklist.
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Hotel management companies are looking for solutions for boosting efficiency as they juggle challenges of portfolio management including hotels at all different stages of the development and renovation pipelines, as well as larger issues of labor scarcity, rising labor rates, and how to do more with smaller teams. In the hotel back office, legacy systems, error-prone...
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Chip Fritsch, COO and Co-Founder of Hotel Investor Apps was featured in Hotel Business with an exclusive article on power of Artificial Intelligence in modern hotel accounting software.
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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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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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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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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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Learn how Hotel Investor Apps expertly imports historical data, providing an in-depth guide on the seamless process.
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Modern hoteliers know the importance of finding the best software to grow your business. And you may have already made the wise decision to move your accounting and back-office solutions to the cloud for the increased functionality and security. And you may have expert advice comparing different accounting & back-office solutions, but there is one...
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