The base Baya Trove Hotel system could run several standard reports that will assist with budgeting and purchasing, but other benefits include;
- Asset value and ownership reporting as required by auditors, regulators and insurers
- Inventories and statistics can be produced and utilised for strategic planning and forecasting
- The inventory list and value of assets can be used for insurance purposes, disaster recovery and replacement price negotiations
- 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
- Assets and materials can be quantified along with the lead times so that purchases can be made in good time thus reducing freight costs
- 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
- Asset data can be tracked through its lifecycle and used to more accurately forecast hotel budgets
- Efficiency savings; amount of time taken and wasted by experienced employees in managing data and repeating surveys and work already undertaken
- Ensure maintenance contractors are delivering the right products and maintaining vessels to the right references and standards
- Quickly provide consultants with clear and concise information so they don’t have to charge for undertaking their own surveys
- Reduce wastage and the amount of inventory carried as spare
The standard reports and any others you might commission in the future can be exported in a variety of formats (word, excel, etc…), which allows a report and its data to be used as the basis for further analysis and strategic planning.