Anyone involved in hotel management will be quick to point out what a competitive business it is. With so many options for guests to stay at it is down to fine margins ensuring that somewhere can offer that little extra something to ensure that bookings continue to come in and a profit can be made. Some choose improving the front of house experience, and add comfort to the rooms, while sometimes making the mistake of overlooking where money can be easily lost.
The ordering and stocktaking of produce includes a huge turnover every year. Those who fail to plan and have it in good order are seeing the profit on the booking being scaled down hugely. One way to ensure that such issues are overcome is by turning to hotel procurement software such as P2P FutureLog for the following 5 great reasons.
- Doing things manually can see time being wasted which leads to inefficiency. Having cloud-based software, on the other hand, allows remote working and ordering which ensures that stock is always ordered when required, so that no items must be scratched from the menu, meaning that customer satisfaction is increased. Manual errors are eradicated while time is saved which can be spent on more important matters.
- It is very easy to run out of essential items, but that is not the case with the aid of technology. Inventory management will be improved no end so that there is less chance of over-ordering or offering an opportunity to anyone to use a lack of scrutiny for their own benefit. Paperwork won’t be lost or misconstrued owing to untidy handwriting, improving the way a hotel operates. The software may be used where guests enjoy an unforgettable holiday in France.
- Because there is a failsafe system in place overspending is eliminated, especially as it is possible to enter details of businesses that provide special ingredients anywhere cheaper than is currently on the system, so that more people can benefit. Better deals can be negotiated with suppliers, while spending patterns can form part of a budget and be stuck to.
- Collaboration and streamlined communication further enhance relationships between hotels and those who they purchase their goods from. It can lead to improved contract management as even more time is saved while accuracy increases, allowing managers in the UK to apply for a premises licence where appropriate. Any discrepancies or issues created through a late delivery can be pinpointed and acted upon so that it is not repeated.
- Overall performance can be improved, and specialist items added to the menu allowing a particular restaurant in the hotel to attract increased numbers of guests. Resource allocation is optimised allowing a competitive edge to be gained while correct timely decisions can be made for the benefit of the business as the data-driven software reduces the stress a manager might sometimes feel.
Being offered reliable assistance through cloud-based software allows better budgeting, ordering, inventory, and the chance for the hotel to increase profits.
