Managing a modern hotel is impossible without transparent and accurate financial reporting. Every day, managers are faced with the need to analyze revenue, expenses, departmental performance, and key metrics. Traditional Excel-based methods often create confusion and delays, while managing based on outdated data becomes risky. In this context, Finoko’s USALI hotel reporting system offers a reliable solution for automating and standardizing financial control.
Why USALI is Important for Hotels
USALI is a specialized system designed for the hotel industry. It standardizes revenue and expense classification, making metrics comparable across different properties and periods. With USALI, finance departments can obtain structured data on the profitability of rooms, restaurants, spas, and other departments, while general managers can monitor hotel performance in real time.
Benefits of Implementing Finoko with USALI
Finoko automates data collection and consolidation, eliminating the need for manual entry and minimizing errors. Key benefits include:
- Standardized reporting: a unified structure across all departments and facilities, enabling accurate “apples-to-apples” comparisons.
- Faster reporting period close: automated consolidation reduces report preparation time and accelerates decision-making.
- Budget control and variance analysis: the ability to track overspending and adjust expenses before the end of the month.
- Ready-to-use USALI reports: reports by department, revenue, and expense, dashboards, and KPI analytics.
- Support for various departments: from guest rooms and restaurants to spas, parking, and administrative expenses.
How Finoko simplifies managers’ work
The system allows you to create daily, weekly, and monthly reports, as well as monitor strategic metrics on a quarterly and annual basis.
Finoko integrates with existing PMS systems, ensuring real-time data availability. The system tracks revenue by room, food and beverage, and additional services, and monitors operating expenses, payroll, and utility bills. Finoko also enables forecasting, budget management, and analysis of deviations between planned and actual results.
