Fairmas Suite

Detailed Functions

FunctionDescriptionBasicProfessionalCorporate
General Functions
Web-based and multilingual (de, en, es, fr, zh)  Mobile access anytime, anywhere. Additional menu languages can be integrated.AvailableAvailableAvailable
Multiproperty-enabled client system Projection of your portfolio structure, all business units at a glance.AvailableAvailableAvailable
Flexible chart of accounts based on cost center structure (e.g. USALI*)Take advantage of a cost center-based chart of accounts structure (e.g. USALI*), and easily identify the profitability of each cost center/department. No changes in your accounting system are required. The FairPlanner online chart of accounts will be customized to your needs.AvailableAvailableAvailable
Dynamic user management and access systemYou decide which functions, operations and cost centers are available to the individual users, and who can edit which values.AvailableAvailableAvailable
Planning & reporting for all revenue and profit centersThe cost center-based chart of accounts provides the actual data and planning scenarios for each cost center/department.AvailableAvailableAvailable
Flexible periods and divergent fiscal yearFlexible reporting periods – the business year can be adjusted per property, so you always keep the relevant periods in check.AvailableAvailableAvailable
Flexible cluster and set structure for your portfolioStructure your portfolio according to your requirements. Business units can be assigned to multiple clusters. For example, cluster formation by region and by brand is possible independent of one another.Available
Reporting for all business units of your portfolioStructure your portfolio according to your requirements. Business units can be assigned to multiple clusters. For example, cluster formation by region and by brand is possible independently of one another.Available
3rd Party data
Import and display of actual values from your accounting system (independent of the system)The Mapping function assigns accounting data to an account/cost center combination in FairPlanner. The actual values are displayed in the corresponding accounts in FairPlanner. No need to change the accounting system.AvailableAvailableAvailable
Display of all actual postings of the accounting systemThe import of the accounting data ensures that each actual posting is displayed in FairPlanner.AvailableAvailableAvailable
Mapping functionality between accounting and reporting chart of accountsThe Mapping function assigns accounting data to an account/cost center combination in FairPlanner. The actual values are displayed in the corresponding accounts in FairPlanner. No need to change the accounting system.AvailableAvailableAvailable
Direct link to each receipt at external online accounting archives (DMSDo you use an online accounting archive of document management system? Fairmas can integrate a direct link to each receipt in this system. You can qiuckly and easily see the invoice for each actual transaction.AvailableAvailableAvailable
Interfaces to various PMS systemsThe Fairmas 30+ PMS interface ensurethe automatic transmission of the segmented "On-the-Books" data and actual values from your PMS. Opera, Protel, Sihot, Mews, Apaleo, Suite 8 and many other interfaces are used.AvailableAvailable
Interfaces  external revenue management toolsImport the Demand Forecast from your RMS and submit it to the Financial Forecast. Flexible imports are available.AvailableAvailable
Display of current and historical “On-the-Books” dataAt a glance: You can see the current or historical "On-the-Books" values per market segment (data source: PMS).AvailableAvailable
Event CalendarUse the general event database or create specific events for a single property. The event calendar helps you to keep track of the relevant events.AvailableAvailable
Group-wide consolidation of the actual data of all business unitsAutomatic consolidation of the actual data of all business units, regardless of different local accounting systems and different local chart of accounts on business unit level.Available
Planning
Flexible planning scenarios (e.g. Budget & Forecast)Plan your budget as a fixed scenario at the beginning of your fiscal year and update your forecast as a rolling scenario with actual data and adjusted planning values.AvailableAvailableAvailable
Flexible scenarios management (copy, etc.)Supports the management/adminstration of multiple scenarios.AvailableAvailableAvailable
Planning by key figures (Driver)As an example: Automatic calculation of the variable costs based on key figures determined by you, e.g. Cost per room in Euro, cost of goods in percent, etc.AvailableAvailableAvailable
Multiple key figure planning per account lineAutomated planning of an account value based on several weighted indicators, such as percentage of revenue plus monthly fixum.AvailableAvailableAvailable
Simultaneous planning of multiple accounts and departmentsSimultaneously view the actual values and change the planning values of an account in all relevant departments; e.g. comparison of the actual values and reduction of the planning values for travel expenses in all divisions by percentage.AvailableAvailableAvailable
Simultaneous planning of same account/cost center of multiple propertiesSimultaneously view the actual values and change the planning values of an account in all relevant departments; e.g. comparison of the actual values and reduction of the planning values for travel expenses in all divisions by percentage.AvailableAvailableAvailable
Planning by market segmentPlan your revenue based on your market segmentation or segment groups, with corresponding analysis available.AvailableAvailableAvailable
Sub-accounts for detailed planning, if required (Breakdown Grid)Create multiple entries per account and use these itemized values for more detailed planning. All entries are summed up in the total value of the account.AvailableAvailableAvailable
Configurable workflow for the control of planning processesDefine the relevant steps for your planning processes and track the status.AvailableAvailableAvailable
What-If ScenariosWhether it be "Worst Case", "Best Case", renovations, additional F&B outlets or room extensions, by using What-If scenarios, you can calculate different planning cases without changing your budget or forecast data.AvailableAvailable
Planning on a daily basis (e.g. for revenue)Plan your sales on a daily basis to project trade fair periods or holiday weeks more accurately.AvailableAvailable
Salary & wages planning per position and/or employeeYou decide whether you want to provide salaries based on the position level or per employee.AvailableAvailable
Calculation of Payroll, Taxes & Employee Benefits (PTEBs) and incentive paymentsCreate Payroll, Taxes & Employee Benefits (PTEBs), bonuses or other components according to your structure. The software automatically calculates the final values.AvailableAvailable
Manning guide-based staff planningThe manning guide is the base for salary & wages and Payroll, Taxes & Employee Benefit (PTEB) per business unit.AvailableAvailable
Differentiation: permanent employees, part-time employees, contract personnelDifferentiation: employee, agency and management staffAvailableAvailable
Planning based on productivity benchmarks (base/variable manning)The number of variable employees can be calculated automatically on the basis of defined benchmark values/key figures.AvailableAvailable
Calculation of vacation accrualThe monetary valuation of vacation is automatically updated by recording the vacation entitlement and the vacation taken.coming soon
EFTE / FTE calculationYou decide whether to plan on the basis of full-time equivalents (FTE) or on the basis of effective full-time employees (EFTE).Available
Allocation (Apportionment within cost center structure)For example, the allocation of costs of a staff restaurant on each department, broken down by number of employees per department.Available
Long-range planningLong-term planning over several years of higher-level accounts or key figures.AvailableAvailable
Flow-through planningSpecification and evaluation of flow-through targets, e.g. ratio of additional revenue to additional costs.Available
Balance sheet planningPlan your balance sheet.coming sooncoming sooncoming soon
Cashflow planningHave a forward-looking liquidity planning.coming sooncoming sooncoming soon
Group-wide consolidation of the planning data of all business unitsSummary and comparison of the planning values of all business units or individual clusters.Available
Reporting
Comprehensive reporting, e.g. Excel and PDF exportBenefit from numerous reports and evaluations.AvailableAvailableAvailable
Commentary function and commentary reportYou can comment on your actual or planned values, transfer comments to other scenarios, and evaluate comments.AvailableAvailableAvailable
Comparison to previous year and other scenariosYou define which scenarios (Actual, Target/Budget, Forecast, What-If) you want to compare with each other.AvailableAvailableAvailable
Analytic Dashboard configurableAnalytic Dashboard for Hotel financial KPI'sAvailableAvailableAvailable
Email reportingDefine which report is sent to which recipient group at which point in time. The email transmission is repeated and automatic.AvailableAvailableAvailable
Daily breakdown of pickup and on the books data per market segmentSee the daily pickup development and the current "On-the-Books" values per market segment at a glance.AvailableAvailable
Pace analysisCompare the development of "On-the-Books" data for different periods, e.g. Easter this year compared to Easter last year.AvailableAvailable
“Same day last year” comparisonCompare the current "On-the-Books" data status with last year's pre-booking status.AvailableAvailable
Year on Year Pickup Comparison by date or by weekdayYou decide the comparison e.g. previous year with the exact day or exact date.AvailableAvailable
Integration of rate shopping dataIntegration of data with your rate shopping tools.AvailableAvailable
Integration of Benchmarking data/STRIntegration of your Fairmas Benchmarking data.AvailableAvailable
Flow-through reportingSpecification and evaluation of flow-through targets, e.g. ratio of additional revenue to additional costs.Available
Group reporting (including P&L, market segmentation, cost benchmarks, KPIs)Summary and comparison of the actual and planning values of all business units or individual clusters.Available
Group-wide dynamic revenue and cost line analysisDirect comparison of revenue or costs in certain or in all business units.Available
Search function with specified searches for each section of the applicationQuick search functionalityAvailableAvailableAvailable

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