FairPlanner

Financial planning for a healthy long-term business & increased profit

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Why FairPlanner?

FairPlanner is a hospitality financial BI solution. It is designed for efficient revenue & profitability planning for all departments based on hotel-specific P&L charts of accounts. 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.

70+ Interfaces

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

A specialized team is continuously adding new integration .

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
0%

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. 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 solutions whenever and wherever you are with web-based access. Data is available on your fingertips with easy access using your smartphone.

Find more information

about the FairPlanner Suite

Detailed functions

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Testimonials

Dennis Gawlik
Dennis GawlikDirector - Hotel Planning & Business Support
IHG Hotels & Resorts
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Working with Fairmas and their products this past 20 years have improved the overall streamlining of our financial planning processes.– be it in each individual property and as a group. The standardized chart of accounts and planning drivers have saved our hotels a lot of time and effort. Being able to do the hotel reporting for Actual-Forecast-Budget processes in one tool is great. This ensures everyone has access to one information source and the same data, real time. Reporting is even made easier. It caters to all management levels with the ability to adjust the depth of detail as needed.
Raffaele Cantelmo
Raffaele CantelmoDeputy Group Operational Finance Manager
Freehand Hotels | Generator
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I haven’t come across anyone at Fairmas who is not competent. I find it extremely easy and enjoyable working with the Fairmas team. Furthermore, Fairmas has a great software which was customized to our business model. It made our forecasting and budgeting process smooth. I highly recommend it!
Jasper van Baal
Jasper van BaalDirector of Revenue Management & Digital
Odyssey Hotel Group
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Fairplanner has helped us to make a significant step forward in integrating our businesses and help our hotel teams to get grip engaged with their numbers.
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