IDeaS has launched RevPlan, a cloud-based module
built to complement its flagship RMS products.
The module is
designed to take the pain out of budgeting and forecasting an
hotels business, including its F&B outlets.
Until now, many hotels have relied on manual
forecasting and data collection to plan operations for their
business. This error-prone, time-consuming process can lead to
inefficient labor costs, siloed decision-making and smaller
profits.
Hoteliers face many challenges when it comes to
the planning and budgeting of their total business. Essential data
is spread out and isolated, the manual process is prone to errors
and non-rooms revenue is left on the sidelines. Thats why we
developed RevPlan, a budgeting and planning solution built for and
by hoteliers, said Sanjay Nagalia, co-founder and chief operating
officer, IDeaS.
RevPlan consolidates hotel data at the enterprise
level to easily drive more strategic decision-making by revenue
stream, region or brand. The solution will also help boost hotel
operational efficiencies with automated data collection and
intelligence.
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