The most state-of-the-art accounting technologies can integrate with other business systems to give hospitality companies a full picture of their operation, wherever they are, as Elly Earls reports
22 | Technology Prospectus 2016
ACCOUNTING FOR THE FUTURE
H
ospitality operators are a notoriously slow-moving bunch when it comes to accounting technology. Many still rely on spreadsheets or out-of-date systems that aren’t linked together instead of reaping the benefits of the latest integrated solutions, which can give them a full picture of their business, wherever they are.
Indeed, not only can the most up-to-date accounting technologies be fully integrated with all other systems across the business – from property management systems (PMS) to budgeting and forecasting software – they can also be accessed just as easily from home or on a train as they can from the financial depart- ment’s headquarters.
Back-office technology plays second fiddle to front-of-house service for many hospitality operators, according to Paul Wellingham at the NAV People, a reseller of the Microsoft Dynam- ics NAV enterprise resource planning system.
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