FairPlanner

Your forecast and budget
P&L planning software

Meet us at Booth 366

19 - 20 November 2024
The Venetian Resort, Las Vegas

Why FairPlanner?

FairPlanner is a 360° Hospitality Financial Planning & Analysis Software. It is designed for efficient revenue & profitability planning for all departments based on hotel-specific P&L charts of accounts. It is your go-to hotel budget and forecast planning software. With interfaces to all major data integration systems (PMS, ERP, etc.), it is an intuitive planning & controlling solution with a dashboard of relevant KPIs; 360° insights at a glance.

KPIs at a glance

Make informed decisions with key performance indicators (KPIs) at a glance. Compare individual properties & multi-property portfolios. Define content & information depth individually according to cost & profit centres & management level. Generate ad hoc reports quickly and easily with FairPlanner, the forecast and budget planning software for your hotel’s needs.

100+ Interfaces

100+ interfaces to the various property management, accounting, document management & revenue management systems.

A specialized team is continuously adding new integration partners.

Predict future developments with the Rolling Forecast feature

Keep your key figures up to date with the Rolling Forecast feature & plan ahead. Use the daily or monthly forecast to make informed decisions & identify deviations before they occur.

Manage payroll costs

Plan your salary & wage costs based on the manning guide with automatic calculation of non-wage labour costs, productivity calculation & bonus calculation.

Cost efficiency

Plan better with What if Scenarios

The “what if” scenarios offer you a flexible planning approach, without affecting the actual budget plan. Easily calculate alternative scenarios using the driver function.

Consolidate your hotel portfolio automatically

Automate, standardise & consolidate data for all hotel properties with actual, planning (budget, forecast) & on the books (OTB) data. Receive daily updated hotel KPIs to be aware of your hotel profit and loss. Have full control over which scenarios are consolidated by linking a workflow. Keep a check on the overall economic picture of your whole portfolio, or by flexible sets and specific cluster combinations.

Flexible revenue and cost planning

Based on a customer-specific P&L chart of accounts framework, e.g., USALI*, easy to implement & ready to use in all types of hotel businesses. Highly flexible & customizable according to each hotel’s specific requirements; a bridge from the P&L to the budget & forecast planning for all hotel departments.

*Disclaimer: Hospitality Financial and Technology Professionals (HFTP®) is the official entity who owns the copyright to the USALI. The copyright was previously owned by the Hotel Association of New York City. Revisions to the USALI are overseen by the Financial Management Committee (FMC) of the American Hotel & Lodging Association (AHLA), a majority of which are also HFTP members. Fairmas only uses the term “USALI” to refer to the existing industry standard as one of several, possible, company-specific P&L account frameworks.

Available 24/7 with web-based access

Use our forecast and budget planning software whenever and wherever you are with web-based access. Data is available on your fingertips with easy access using your smartphone.