Labour costs are the most significant operating expense for hoteliers and essential for effective hotel management and improved profitability. This partnership will allow customers to manage and predict labour costs more accurately.
“We are pleased to partner with Hotel Effectiveness, the premier labour management platform for hoteliers,” said Shawn Barber, CEO of Broadvine. “This integration allows for the seamless and invisible exchange of data and provides another tool for hotel owners, operators, and managers to forecast and predict their labour needs more accurately.”
Broadvine’s application provides robust reporting and financial performance management tools for budgeting and forecasting, including comparisons of labour costs to budget and forecasts. Hotel Effectiveness delivers real-time labour management, scheduling, and time-and-attendance solutions, using occupancy forecasts and other data to optimise labour schedules.
“We are happy to integrate our labour management platform with Broadvine’s financial performance software,” said Mike Martin, CEO of Hotel Effectiveness. “Our customers will now be able to have the business data they already have in Broadvine drive their scheduling in Hotel Effectiveness. Likewise, all of the detailed labour data in Hotel Effectiveness will now flow into the Broadvine dashboards. When data flows automatically between systems, we make it easier for customers to make real-time decisions.”
Through this enhanced integration, hotel management companies using both applications will have detailed visibility into labour costs compared to budget and forecasts. Corporate executives, General Managers and department managers on the property will have confidence that real-time data is being used to calculate labour schedules and any cost variances to budget or forecast is accurate.