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Data & Intelligence · Performance Management

Consolidate Hotels Finances for Enhanced Reporting

Enhance visibility of financial performance across the hotel portfolio

  • HospitalitySector
  • 2009Year

Background

A hotel group had financial data scattered across property-level systems. Group-level performance reporting required manual aggregation; benchmarking across properties was slow and disputed.

The owner needed one financial picture, updated in something approaching real time, that could surface both individual property performance and group-level patterns.

The task

Integrate property-level finance systems with a central owner data repository, standardise the data model, and stand up consolidated reporting.

The solution

Custom connectors were developed to extract financial data from each property's system on a regular cadence and load it into the central repository.

Data was standardised against a common chart of accounts and a common set of KPIs, removing the historical disputes about whose number was right.

A consolidated reporting layer surfaced both per-property and group-level performance, with drill-down to the source records.

Integrating financial systems with an owner data repository

Connect financial systems to the repository, standardise data, implement real-time analytics.

  1. 01

    Assessment & strategy

    Assess existing systems and define the integration approach.

  2. 02

    Build & integrate

    Develop custom connectors, integrate property systems with central repository.

  3. 03

    Standardise & report

    Standardise chart of accounts and KPIs, stand up consolidated reporting.

Project details

Client
ZARA Holding
Date
Aug 30, 2009
Investment
Undisclosed
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Suhayeb Jaabo

Digital transformation advisor.

Twenty-five years building the systems that move governments and enterprises across the GCC.

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