Optimize Hospitality Management With Erp Software For Hospitality Industry

By Author: Navision India
Total Articles: 3
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Business organizations serving in the hospitality industry can make the most of ERP Software for Hospitality Industry to streamline key business operations and gain a competitive lead. With the evolving market and increasing customers’ demand, delivering quick and efficient services require extensive support of inventive solutions and services.

Here, ERP in hospitality industry offered by Microsoft Dynamics 365 Business Central are exclusively orchestrated cloud-native solutions to transform the entire business and steer potential benefits.

Robust Tools offered by Dynamics 365 Business Central

General Ledger

It is completely integrated into all the systems and renders extensive statistical capture to help business administrators perform easy KPI reporting and ensure robust Hospitality Management.

Sales Ledger

Sales lead or managers can make the most of the sales ledger from Dynamics 365 Business Central, an exclusively engineered software for Hospitality Management. This software solution helps amend invoices, ...
... take direct payments, and manage credit control.

Purchase Order Management

It delivers a full purchasing process for stock and non-stock. Business administrators in the hospitality industry can record and apply complete information on all vendors, discount agreements, price agreements, shipping, and receiving without much hassle.

Fixed Asset Management

With the deployment of ERP Solution for Hospitality Industry, businesses can have complete control over depreciation and tracking.

Bank Account Management

This efficient, effective, and scalable tool helps hospitality businesses manage multiple accounts, adjust multiple currencies efficiently. Business administrators can get auto bank reconciliation with their bank statements, and avail of bank integration for supplier payments as well.

Reporting

By leveraging this intuitive tool, one can render live tailor-made KPI on the user’s role center or the D365 Business Central dashboard. One can report live Excel directly from Dynamics 365 Business Central and see transactions posted as well.

Inventory Management

This ERP Solution for Hospitality Industry helps manage orders of products, receiving products to kitchens and cellars, transfer orders from cellars to barns, and stocktaking locations with inventory corrections efficiently.

Budget

Business administrators can record multiple budgets and forecasts in Business Central to make well-informed and judicious decisions concerned with the financials.

Key Benefits of Business Central for Hospitality Industry

One of the key benefits of Hospitality ERP is that staff can send orders straight to the kitchen, inform about menu items, allergens, special offers, and check the status of orders & tables from a single platform. Once the order is ready, the staff notified from the kitchen, can receive payments, can hand out receipts, and register customers into the loyalty program with a simple point-and-click process.

The intuitive graphic table management system helps handle optimal seating and maximize table turnover.

The features enable waiters to:

View the status of tables
Look for free tables
Ensure service to all guests
Ensure receiving of the orders to the kitchen
Receive alerts for attention-paying issues

Also, Cloud Hotel ERP offers higher agility to handle takeout orders by labeling them differently and lining them in a separate list. One can witness eliminated risks of miscommunication and avail of centralized control over prices and promotions that help set multiple prices valid at different times. Also, one can set special offers based on location, customer loyalty, or both.

On a final note, leveraging robust capabilities via acclaimed service provider partners like NavisionIndia can help you gain a competitive advantage, drive substantial business growth, retain greater productivity in the long run.

For more details around ERP Software for Hospitality Industry, write to us at info@navisionindia.in
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