Optimise Growth & Leverage Real-Time Financial Data 

 

Finance software plays a critical role in ensuring the smooth operation and growth of hospitality, hotels and leisure companies providing strategic insights, managing multi-locations and optimizing profitability with real-time financial data.

Just some of our Hotel & Leisure customers

Grilled
grand hotel group
langham
playford
windsor hotel
baille lodges

Unlocking technology to supercharge visibility, growth & profitability

The hotel, leisure, and hospitality sector lives and breathes people and service. Behind the scenes however, successful multi-location organisations understand the importance of cutting-edge finance software to supercharge growth, streamline operations, unlock strategic insights, and maximize profitability with precision, efficiency, and confidence.

 

hotel leisure hospitality
revenue management

 

 

 

Cost & Operational  Control 

Streamlining existing operational software such as Room Management Services, POS, Lease Systems Platforms and Payroll are crucial for seamless operations and superior guest satisfaction in the hotel and leisure sector. However, balancing cost control with service excellence poses a significant challenge.

Efficient operational management is key to meeting customer expectations and maximizing revenue. CFOs need robust solutions to optimize processes, control costs, and deliver exceptional experiences that drive growth and maintain a competitive edge in the hospitality market.

Revenue Management

 

For CFOs in the hotel and restaurant industry, managing liquidity and cash flow is paramount. Revenue teams often face significant challenges in accurately projecting future expenses amidst volatility in market ebs and flows. The lack of precise cadence reports hinders owners’ ability to plan expansions effectively. Consequently, liquidity problems emerge as the most significant financial obstacle.

Financial software can aid CFOs in overcoming these hurdles by providing real-time insights, automating cash flow management, and facilitating accurate forecasting. With these tools, CFOs can navigate uncertainties more effectively, optimize cash flow, and make informed decisions to drive business growth.

 

Restaurants cost control
hotels and leisure

Complex Financial Structures

 

Consider a large resort hotel with multiple restaurants, a spa, recreational facilities, and conference rooms. The costs associated with operating each of these departments can be intricate, involving expenses such as staffing, utilities, maintenance, inventory, marketing, and administration. Then perhaps we take into account having 12 or more locations.

Additionally, costs may vary seasonally or based on occupancy levels, requiring dynamic budgeting and forecasting to effectively manage expenses and maintain profitability. Allocating shared costs, such as overhead expenses or marketing expenditures, to specific revenue-generating areas can further complicate cost analysis and financial management within the hotel’s overall operations.

 

How Can Finance Automation Transform Your Hospitality, Hotel or Leisure Company?

Revenue Management

Forpoint’s tailored solutions ensure financial software offers revenue management modules with pricing algorithms, demand forecasting capabilities, and data analytics tools to optimize pricing strategies and maximize revenue. Your revenue team will be able to make decisions faster and based on accurate and up to date data.

 

multi-currency

Cost Control

The hospitality, hotel, and leisure industry possess intricate financial structures. Your business likely deals with diverse revenue streams, co-owned property assets, complex cost & payroll structures, and numerous operational expenses. Financial management software streamlines processes such as revenue management, expense tracking, payroll and budgeting, enhancing accuracy and efficiency.

It enables real-time data analysis, providing insights into performance metrics and market trends. By automating routine tasks and centralizing financial data, such software empowers businesses to optimize resource allocation, mitigate risks, and drive profitability. Ultimately, leveraging financial software facilitates better decision-making and operational management in this multifaceted industry.

franchise solutions

Operational Efficiency 

Financial management software is core to the solution that automates routine operational tasks, such as invoicing, payroll, and cashflow management, streamlining processes and reducing manual errors to improve efficiency.  Managing fixed assets, implementing price increases and even handling complex co-op and strata structures within these systems is critical for future growth.

franchise reporting

Experience the Future of Hospitality, Hotels & Leisure 

 

The finance function in the hospitality, hotels and leisure industry is multifaceted, encompassing various responsibilities ranging from financial planning and analysis to risk management and compliance. CFOs face unique challenges when managing finances in large multi-entity businesses, requiring strategic foresight, effective communication, and robust financial systems to drive sustainable growth and profitability.

Request a demo today and discover how Forpoint Solutions can transform your company’s financial management, drive growth, and position your company for success in this competitive and volatile industry.

Unlock Efficiency. Drive Growth. Forpoint Solutions.

CASE STUDY

Better visibility for Baille Lodges.

With the help of Forpoint Solutions, Baille Lodges turned to Sage Intacct and was able to implement a budgeting solution that consolidated their many locations..

 

Why Choose Forpoint for your finance transformation?

It's important to have an experienced team by your side through these complex projects. We've helped hundreds of clients succeed with guidance, implementation & support.

Local Support

Local Support

Forpoint have a local support team to guide and implement your transformation


Our Experience

Our Experience

We've helped hundreds of companies transform their finance function.

Trusted Advice

Trusted Advice

We choose to partner with a range of software so we can tailor your perfect solution.


Value & Flexibility

Value & Flexibility

Sensible rates on projects, ad-hoc or prepaid services which deliver great value and flexibility in all assignments.

Warren Mahoney
5 stars

“The implementation of Workday has gone extremely well. It was one of the best implementations of software I have observed. Well done to you and your team!"

CFO, Warren and Mahoney
Aaron Beveridge
Chief Executive, Racing NSW
5 stars

“Racing NSW are fortunate to have such a great business partner who is professional, dedicated, and efficient in their work. We have, and will continue to recommend your service to other companies and contacts."

Chief Executive, Racing NSW
PN V'LANDYS AM
Financial Controller, Fitzroy's
5 stars

“The Forpoint team were fantastic in assisting us to find solutions to ensure that the processes that we wanted to implement met our needs. The Forpoint team were able to achieve this with us throughout implementation, and we now have a system that works beautifully for us."

Financial Controller, Fitzroy's
PETER GOUGH
Marketing Manager, Weston Energy
5 stars

"The support we’ve received from Forpoint Solutions has been excellent. They’ve guided us throughout the entire process, from helping us identify the right solution for our needs, to implementing Sage intact and ensuring Weston Energy gets the most out of the solution."

Marketing Manager, Weston Energy
DIANA MILLER
Finance Consultant, Abercrombie & Kent
5 stars

"You and the team were amazing yesterday. I just wanted to let you know I greatly appreciated the support and rectification."

Finance Consultant, Abercrombie & Kent
NICK EDWARDS
Operations Manager Finance Systems & Technology
5 stars

"When we were building the interface between BlackLine and SunSystems, it was highly beneficial that Forpoint understood the construct of our company, how these reconciliations needed to be put together from a BlackLine perspective, and why we were constructing reconciliations the way we were. Forpoint’s help was invaluable."

Operations Manager Finance Systems & Technology
KON PAPAKONSTANTINOU
Finance Manager, Flick Anticimex
5 stars

"I was happy with the journey from start to finish...Forpoint was a really good partner for us—very patient and responsive. By working side by side with Forpoint, we were able to finalise the whole implementation quickly, meeting our expectations in terms of timeline. I look forward to working with Forpoint again to further improvements in phase two of our Transaction Matching roll-out."

Finance Manager, Flick Anticimex
ALBERT LAU
CFO, Wex
5 stars

“We work with Forpoint as a partner for multiple products, we have a pretty good and close relationship with them. We find them to be very knowledgeable and capable and have always had successful implementations and actually developed benefits beyond what we thought they would."

CFO, Wex
GUY STEEL
Financial Controller, Total Tools
5 stars

“From the very beginning, Michael and Paul from Forpoint were fantastic to deal with and very orgainised. They made themselves very available to us when questions arose, and that led to us having a really successful project."

Financial Controller, Total Tools
AARI VASILIADIS
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Book a call & speak to our experienced team today.

Products                              Solutions

Sage Intacct                                                  Financial Management Systems

Planful                                                               Forecasting, Planning & Analysis

BlackLine                                                         Financial Close Process

Infor Sunsystems Cloud                         Accounts Receivable Automation

Workday Adaptive                                      Accounts Payable Automation

Zudello                                                             Expense Management

Webexpenses                                               HR & Payroll

Datablend

ELMO

 

Hear what our customers are saying and learn from their finance transformation experiences


total tools
customer success forpoint
spec savers

 

 

 

 


Baille Lodges                 Total Tools                      Specsavers