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Hotel Accounting Software

Save 50% of your time by digitally handling room rates, events, staff, payroll of all hotel departments, and complex financial calculations with hotel accounting software.

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The hotel industry is a big source of business for any country. Having to deal with multiple operations, the hotel industry needs a well-integrated software to tackle all their finances. Any basic accounting software will do no justice to your multi-functioning hotels.

Hotels have multiple sub-departments working with them involving cash transactions on a large scale. Managing finances is a big challenge for any hotel, and thereby, only a specifically designed accounting software for hotels can help them meet these challenges effectively.

Challenges Faced By Hotel Software

Running a hotel is no less than running a small town! The role of hotel software isn’t just limited to manage bookings, income, expenses, and budgeting.

  1. Managing room tariffs – Hotels have different categories of rooms with different prices for each of them. They have surge and discounts for season and off-season along with special offers. The accounting software must be able to track the on-going prices and prepare accounts accordingly.
  2. Managing events – Many hotels have halls/ lawn/ conference halls for special occasions like corporate meetings, weddings, parties, and all. Event management calls for software for budgeting and planning the event in such a way to be profitable for the hotel. Along with it to maintain the statement of accounts for the entire event.
  3. Managing multiple departments – Multiple departments work together to make a hotel successful: restaurant, housekeeping, and laundry. The hotel accounting software must be able to monitor the finances of each department and present it all together at a single platform.
  4. Managing staff and payroll – Staff and payroll management is nothing unique for the hotel industry, but the software must maintain an updated list of employees and payroll. Integrating third-party payment gateways and bank accounts, it automates salary payment.

Zero Manual Errors

An easy to use cloud accounting software limits manual errors to zero by completely handling all the routine tasks. It assures 100% accuracy for all transactions and reporting by applying the correct mathematical formulas provided the user enters the right data.

Easy And Faster Invoice Generation

Having a record of all hotel information, it facilitates easy and faster invoice generation, unlike manual billing process. Generating invoices online and directly mailing to the customer, it saves at least 100 papers in a day.

Improves Your Business

From delivering monthly business reports to conducting a comparative financial analysis between the past profits and present profit, it initiates better decision making and business planning and budgeting.

Takeaway,

Meet the challenges of hotel accounting with WordSys Tech, high-quality hotel accounting software. Specially designed for the hotel industry, this IT company automatically tracks the tariff for each room and prepares financial reports accordingly. With their 9+ years of experience in the software field, WordSys Tech assures you the most unraveled hotel accounting solutions.

Focus on what is important!

All you got to do is enter the client details in the respective category and leave the rest on the software. Analyzing individual client details like the number of services availed, amount received, and business generated it provides a real-time insight of all clients. Segregating clients into different categories based on business, it helps you focus on the important customers.

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