HOMS allows you to make considerable savings.
Hotel management accounting is usually maintained in Excel. The main disadvantage of this is the
cash costs for specialists transferring the data from the accounting system in Excel. With the
implementation of HOMS, there will be immediate cost savings on at least one manual data transfer
specialist. Consequently, the hotel will save more than ten thousand dollars a year!
HOMS saves both money and your precious time
Very often we hear from financial officers in charge of management accounting complaining that time
is the issue when it comes to further data analysis! With HOMS, your time savings will be the whole
two weeks of manual work with data within a month or 504 additional man-hours per year.
HOMS puts data in order
The significant advantage of using HOMS is a monthly automatic report generation. It is called
Databook. This is a 16-page document on all aspects of the hotel operation. If the predefined report
set does not suit your needs, a customized report generator is built into HOMS. Now you can always
create your own report!
HOMS sorts out the routine
Everything that has to be counted, will be done for you by HOMS in no time! The system will
calculate the dynamics of income and expenses broken down into plan-fact-deviation from last year
figures, both for a specific month, and cumulatively for any period from the beginning of the year.
The program’s user task is read into the analysis.
HOMS helps in data analysis
A high level of data break-down will allow to clearly identify problem points and focus on specific
actions to eliminate negative deviations.
HOMS can visualize
With the aim to prepare reports to the top management and shareholders, we have built in a data
visualization mechanism. HOMS Dashboard will help to visually convey the hotel’s key performance
HOMS boosts competitiveness
Thanks to HOMS, you close the reporting month on the 5th day of the following month. In practice,
this means that you obtain the same variety of information at the same time as the international
hotel chains operating in your city.