Our Finance teams around Europe are responsible for all aspects of finance including compliance, control, reporting, tax, treasury, benchmarking, planning and analysis.
We are constantly focused on process improvements and work with state-of-the-art financial software. Our teams focus on achieving an efficient hotel operation from a financial point of view. Our teams’ engagement index is one of the highest in the industry.
We can offer you the following services:
- Accounting services, such as bookkeeping, salary administration, month-end closing, account reconciliation and analytics;
- Financial planning, such as budgeting and forecasting to make sure the business strategy leads to the required results;
- Automated processing, such as invoice scanning, expense reporting, time and attendance and purchase orders;
- Business control, with a view to outperform the profitability of peers;
- Internal control to manage financial risks and safeguard your assets;
- Customised property performance reporting using our sophisticated Business Intelligence tooling; and
- Detailed analytics and property benchmarking.
Our partners receive monthly financial information, such as profit and loss accounts, cash flow statements and forecasts, balance sheets, Capex overviews and benchmark reports.
Procurement
We are driving better value for our hotels and partners through consolidated procurement contracts with leading global, regional and national suppliers. All significant contracts are negotiated centrally at regional or corporate level, resulting in increased productivity, cost control and quality control of the products and services provided to our hotels by third-party suppliers.