E-Operations

Hello there!
Now that we've learned about OTAs and PMS, we are going to learn about Hospitality Management Software.

These softwares help accommodation businesses perform financial and operational services including reservations, PMS, channel managers, accounting and POS.

Things to keep in mind when comparing prices for Hospitality Management Software;

• Functionality
• Price
• Commitment
• Time saving potential
• Convenience

Now let's learn about Online Accounting Systems.

These are accounting systems that manage income, expenses and other financial activities.

Here's a few benefits of using an accounting system; Keep track of all financial transactions Receive comprehensive statistical reports

An accounting system manges;

• Expenses
• Invoices
• Funding

Here's why computerised accounting is better;

• Speed
• Accuracy
• Reduced Costs
• Backups

Now let's see why cloud-based systems are beneficial;

• Convenience
• Storage space
• Security
• Flexibility
• Reliability
• Taxes

These are a few more management softwares that we should get to know;

• QuickBooks
• Quicken
• Xero
• Myob

At this course's end, we will have learned how to choose the most suitable Hospitality Management Software for our business.

Ready to learn?
Let's go!