Fairmas, a leading provider of financial planning and management software solutions for the hospitality industry, proudly announces the appointment of Eduardo Burkard as the new Sales Manager, North America, specifically for the US market. He will be a valuable addition to the North American team.
As hotels strive to streamline their financial processes and make informed decisions, the selection of the right FP&A software becomes a critical aspect of their strategy. In this blog, we’ll explore the key considerations and steps to help hoteliers decide on a new FP&A software that aligns with their specific needs and goals.
Navigating the intricacies of a budget process can often feel like embarking on a complex journey. From financial planning and resource allocation to decision-making and prioritisation, understanding how budgets are formulated and executed is crucial for individuals and organisations alike.
One powerful approach that has been gaining momentum is “Zero-Based Budgeting” (ZBB). For years, this method has revolutionized how hotels allocate resources, promoting efficiency, agility, and smart decision-making. In this blog, we’ll dive into the concept of Zero-Based Budgeting and how it can reshape the financial landscape of hotels.
With Fairmas hotel planning and analysis software, hoteliers gain access to powerful budgeting and forecasting tools tailored specifically for the hospitality industry. Say goodbye to guesswork and welcome data-driven insights that will empower you to make well-informed decisions, optimize your resources, and achieve your financial goals.
This article will delve into the importance of forecasting and budgeting, explore best practices for their implementation, and highlight how they empower financial professionals in making informed decisions to drive profitability and sustainable growth.
Navigating Current Financial Challenges in the Hospitality Industry: Leveraging Fairmas’ Financial Planning & Analysis Software
From the geopolitical tensions in Europe to the surge in energy prices and the specter of inflation, businesses in the hospitality sector must be prepared to weather the storm. Fairmas’ financial planning and analysis software offers a powerful solution to steer through these turbulent times.
Boosting Hotel Financial Performance with Fairmas: Unleashing the Power of Hospitality Business Intelligence
This blog post will explore how Fairmas hotel financial planning and analysis software can empower hoteliers with cutting-edge tools for budgeting, forecasting, revenue optimization, and more. Let’s delve into the world of Fairmas and discover how it transforms financial management for hotels.
Fairmas, a leading provider of financial planning and analysis software for the hospitality industry, is delighted to commemorate its 20th anniversary and announce its presence at HITEC.
As an owner, investor, or asset manager in the hospitality industry, it is of utmost importance to make well-informed decisions based on data. You cannot make decisions based on assumptions or estimates alone. A small error in data can be a make-or-break point for your business.