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Benchmark Powers Expansion with Centralized Accounting Platform :: Hotel News Resource - 0 views

www.hotelnewsresource.com/lized_Accounting_Platform.html
shared by xwang023 on 17 Oct 12 - No Cached
  • Successful management comes from by-the-numbers decisions
  • Benchmark uses the Internet-enabled Profitvue enterprise back office system from Aptech Computer Systems to centralize property accounting.
  • The system is Internet-enabled, so the only back-office hardware our hotels need is a PC. The same is true for our front office systems. This is a great savings for our owners.”
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  • We can have the new property up and running quickly without the usual hardware and software installation, and staff training. This saves time and money, and we can turn the property around much faster.”
  • Benchmark’s cloud-based system enables the company to keep all guest data secure at its hosting center
  • Chang Ren on 17 Oct 12
     
    Instead of introducing some new technology, this article is more like an advertisement. it does not introduce much information about this technology and it is not a news for us to know a cloud based PMS. But cloud based PMS is still not widely used in the industry, while Benchmark is one step ahead. Except the benefit of reduce hardware costs for investors, closed based accounting system also make it easier for its headquarter to protect corporate and guest data as well as maintain these data. With this benefit, corporate is able to monitor the operations of its hotels. 
  • Kai Zhang on 19 Feb 13
     
    This article introduces the accouting systems developed by Benchmark Hospitality International. Benchmark invested in the hospitality industry's first "private" cloud platform to host its property's systems and data. Profitvue back office accounting system was mentioned, which has the advantages of more flexible, simple and faster to use, and save money. Also, it is safer to use this private cloud-based to save data, which can bring lots of benifits to shareholders and management teams. In my opinion, all hospitality organizations should enhance their accouting and financial systems to create a safer financial environment, and to get clear information of the financial operations and make further plans to control costs.
  • xwang023 on 19 Feb 13
     
    The way a property is designed, managed, and positioned in its market all contribute to solid operation makes a great hotel, resort, or conference center. Benchmark invested in the hospitality industry's first 'private' cloud platform to host its propertys' systems and data. Its strategy means that we add properties on a regular basis.The system is Internet-enabled, so the only back-office hardware the hotels need is a PC.It could have the new property up and running quickly without the usual hardware and software installation, and staff training. This saves time and money, and it can turn the property around much faster.
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The Restaurant Profit and Loss (P&L) Statement - 0 views

www.foodservicewarehouse.com/...c28015.aspx restaurants hospitality accouting
shared by Hui Chen on 18 Oct 12 - No Cached
  • The section first specifies any sources of revenue, including food, beverage sales, merchandise sales, catering, and any other source of income important to the restaurant. This section also includes the usage cost associated with the sales
  • The other section involves all operating expenses in the restaurant. This includes payroll, rent, utilities, and repairs, among others
  • he difference between the revenue and the expenses determines whether the restaurant reaps a profit or suffers a loss at the end of a given period.
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  • When to Prepare a P&L Report It is best to prepare a P&L each week if possible.
  • Hui Chen on 18 Oct 12
     
    This article introduces us the restaurant profit and loss statement.  Introduces different kinds of revenue and expenses. And tell us when to prepare a P&L report.
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