Mastering Revenue Accuracy: 3 Essential Strategies for Hotel Success in 2025
3 ways of Ensuring Revenue and Production Accuracy for your hotel in 2025
Bruno Dal Maso, our Solutions Architect Director for the EMEA Region, is a seasoned professional with extensive knowledge in hotel operations and management. He understands the intricacies of running a successful hospitality business—from front desk operations and guest services to back-end processes that keep everything running smoothly.
As hotels face increasing demands for precision and innovation, Bruno’s expertise in the implementation of comprehensive hotel management systems, streamlining workflows, and optimizing resource allocation, has become a critical asset.
In this article, Bruno Dal Maso will explore how H360 addresses the key reconciliation issues leveraging strategies that redefine operational excellence:
Content
1. Automated Data Integration
2. Real-Time Reporting and Analysis
3. Streamlined Multi-Departmental Reconciliation
Empowering Strategic Decision-Making
The Power of Symphony
1. Automated Data Integration
Manual data entries and missed postings can disrupt the accuracy of hotel revenue management. Hospitality 360º eliminates this issue by automatically integrating data from the PMS and ERP. This ensures that room charges, food and beverage sales, and other revenue streams are accurately captured, reducing human error and minimizing missed entries. The result? Consistent, precise data from the start.
2. Real-Time Reporting and Analysis
Timing discrepancies, such as delayed revenue postings, often complicate reconciliation efforts. H360’s real-time reporting capabilities offer a solution by enabling teams to monitor production and revenue data instantaneously. Whether charges are posted late, or data updates are delayed, accounting teams can identify discrepancies in real-time, making corrections faster and reducing the risk of long-term imbalances.
3. Streamlined Multi-Departmental Reconciliation
Managing reconciliation across departments such as Rooms, Food & Beverage, and Events is challenging for many hotels. H360 simplifies this process by centralizing data on a single platform. Revenue and production data from various departments are aligned seamlessly, providing a comprehensive view of each department’s activities and their overall financial impact. This streamlined approach enhances data accuracy and boosts operational efficiency.
The Power of Symphony
H360 extends its capabilities through a powerful integration with Oracle Hospitality's Symphony. By bridging H360 with Symphony, hotels can achieve even greater operational efficiency. This connection enables a fluid exchange of sales and transaction data from point-of-sale (POS) systems directly into the Property Management System (PMS) and ERP.
Empowering Strategic Decision-Making
By automating routine tasks and centralizing data management, H360 enables hotel accounting teams to focus on higher-value strategic initiatives. This shift not only improves financial accuracy but also enhances operational performance, positioning hotels for sustained growth and profitability.
Take the Next Step Toward Operational Excellence Ready to transform your hotel’s operations? Discover how Bring IT can revolutionize your revenue and production reconciliation processes. Contact us today to explore tailored solutions for your business.
