From an organizational viewpoint, your financial planning and financial control are key factors that enable you to take the correct financial decisions that benefit you on the long run and help you achieve your financial goals.
Financial control refers to monitoring your hotel’s cash flow. Inflow is the money coming into your hotel, while outflow represents the expenditure being made by your hotel.
CloudInn’s Financial module helps hotel owners and professionals have the info they need to optimize performance in every operational area, from inventory and payroll to sales and marketing. We help you create substantial amounts of profits, as we facilitate and streamline all your financial operations.
We supply the mechanism for hoteliers to easily track performance from the budget, identify issues and rapidly make modifications.
Anticipate to accommodate guests during optimum business times & scale back operations during sluggish periods.
Create & use accounts that will provide you with your correct financial position at any point in time.
Detailed & consolidated Financial Reports to summarize the performance of your business.
Rather than relying on intuition to respond to tumultuous incidents, become a successful owner and keep track of your financials easily to proactively make the right decisions at the right time.
Instead of having your employees piece information together from multiple sources, CloudInn’s AR saves your employees from repeating grueling steps. It improves job satisfaction, boosts productivity and helps your business become more efficient. It also facilitates the extraction of reports for board members, investors, management or auditors.
Effortless PMS Integration for Account Receivables
Seamless Activity Tracking
Reconcile the AR ledger to be certain that all the payments are accounted for and have been properly posted.
Issue electronic monthly statements & invoices to your tour operators & travel agencies.
Hospitality companies often deal with coordinating multiple locations, sometimes spread across a wide regional area. If each site has an accounting process that isn’t connected to the other locations, coordination becomes even more complicated.
CloudInn’s AP module brings everything together in one place, making it easier for employees in each of those locations to do their jobs.
CloudInn’s AP module helps you keep track of all your unpaid invoices for the supplies you need to provide top-quality customer service to your guests.
Reconcile Credit Card Statements
Reconcile Vendor Accounts
Enter Payables and Pay Invoices
Weekly Aging Reports
Execute the Workflow You Identify Based on Your Own Business Rules
Match Purchase Orders to Invoices and Accounts Receivables.
Make Payments Based on the Payment rules You’ve Set Up.
In CloudInn’s reporting module, there’s seamless access to 60+ Reports covering all our modules to keep your operations smooth, give you financial position snapshot, let you focus on the big picture and make your life easier as a hotelier.
Here is the list of crucial reports offered by CloudInn that help you save the enormous time and effort of your accountants, managers, co-owners, and also the departmental heads.