Financial Management Excellence
Tight financial management and accurate forecasting is essential to any owner and operator. Kew Green Hotels has a proprietary system to manage the financial performance of the hotels including forward looking real time Profit Forecasts to allow us to maximise owners returns, whatever the trading environment. The Financial System includes the following tools:
- Daily Revenue forecasts – 90 day forward forecasts by revenue line to allow hotels to accurately forecast resources and also maximise ADR by day
- Profit Forecasts – Real Time month ahead profit forecasts, to ensure actions are taken in plenty
of time across all cost lines to maximise profit delivery - Payroll Planning tools – to ensure optimal daily resourcing
- Food and Beverage Margin reports – updated real time to ensure effective controls are in place
- External Monthly Stock Take Reports
- Ledger Management System – to ensure timely collection of debtors and optimise cash flow
These proprietary tools are embedded into all hotels to optimise the control environment and
profitability of each and every hotel.