The financial benefits?
The standard version of Baya Trove Hotel can run several reports that will assist with budgeting and purchasing, but other benefits include:
01.
Asset value and ownership reporting as required by auditors, regulators and insurers.
02.
Inventories and statistics can be produced and utilised for strategic planning and forecasting.
03.
The inventory list and value of assets can be used for insurance purposes, disaster recovery and replacement price negotiations.
04.
Access to a current inventory list (including FF&E, OS&E, OF&E, etc…) with ownership details, giving clarity of ownership between the various companies and concessions.
05.
Assets and materials can be quantified along with the lead times so that purchases can be made in good time thus reducing freight costs.
06.
By storing warranty and guarantee information, you can actively check your assets before cover expires, which could save you the cost of any repairs or replacements otherwise required.
07.
Asset data can be tracked through its lifecycle and used to more accurately forecast hotel budgets.
08.
Efficiency savings; amount of time taken and wasted by experienced employees in managing data and repeating surveys and work already undertaken.
09.
Ensure maintenance contractors are delivering the right products and maintaining vessels to the right references and standards.
10.
Quickly provide consultants with clear and concise information so they don’t have to charge for undertaking their own surveys.
11.
Reduce wastage and the amount of inventory carried as spare.
How will Baya Trove Hotel improve productivity?
Simple – achieve more in less time.
01.
Centrally held, managed and readily accessible asset data will reduce the amount of time wasted searching for information.
02.
Minimise ineffective workflow between departments that exists today e.g. when tracking down accurate asset or room information.
03.
Reduce the amount of time wasted through the management of often outdated, uncorroborated and duplicated data.
04.
Hotel M&R lists and yearly budgets can be planned and defined more quickly.
05.
Frequently required reports can be produced at the click of a button.
06.
Reports can be automatically attached to an email, thus improving the speed and ease of sharing data.