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Assured Hotels Finance Function

Experts in cost control

Assured Hotels finance offers flexible support to underpin our suggested improvements and our approach is to work with the in-house administrative resource / team in order to get to a point where we have better understanding to advise on the following:

  • Revenue Capture - A sales tracker implemented in-house in order to ensure that the property management system (PMS) is reconciled on a daily basis.
  • Payroll - working closely with our operational team ensuring that adequate payroll forecasting tools are in place. Our experience within the industry is such that payroll is a fundamental area where strong controls are required in order to ensure that the payroll costs are in line with revenues.
  • Direct Costs - assessment of controls and procurement opportunities with suggested ongoing flash reporting on particularly food, beverage and laundry costs, backed by monthly external stocktakes.
  • Overheads & other costs - assessed and recommendations to improve service and expenditure, managed by implementing a purchase order system where appropriate.

Our finance support dovetails with operations and sales support, with a suite of reporting available, including monthly Management Information (MI) pack and forecasting tools, both explained further.

Our accounting is all maintained using Sage software

Find out what Assured can do for your hotel

Asset Management

Revenue Management

Sales Representation

Case Study: Management