Remove Back of House Remove Pricing Remove Vendor Management
article thumbnail

HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

We often see management companies investing heavily in front-of-house technology to enhance the guest experience and drive repeat business and revenues, Henrik Shimony, cofounder/ CEO, Reeco, and a former hotelier, told Hotel Business in an exclusive interview. We are excited to partner with them and support their growth.

article thumbnail

M3 and Reeco enter strategic alliance

Hotel Business

By partnering M3s accounting solution, Accounting Core, with Reecos re-imagined procurement management platform, hoteliers can now automate purchasing, financial tracking and vendor management. This alliance provides integrated services, integrated support and preferred pricing benefits to enhance the entire customer journey.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A guide to hotel departments, operational areas and building functions

SiteMinder

Cleaning back of house offices and spaces. In terms of hotel building functions, it’s useful to have housekeeping stations and supply closets on every floor as well as centralised back of house facilities for laundry and so on. A desk in the back of house office near these departments would therefore be advantageous.

article thumbnail

A comprehensive overview of job positions within a hotel

SiteMinder

Duties include negotiating with vendors, managing contracts, quality assurance, stock taking, and accounting. Human resources manager. Revenue manager. A revenue manager’s job is to set hotel prices. Food and beverage/Restaurant manager. Their main goal is to increase occupancy and maximise revenue.

article thumbnail

Restaurant management skills as the gateway to a dynamic career

Les Roches

You’ll also need to handle vendor management for timely supplies. Budgeting and financial management Portra/E+ via Getty Images Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. This means working closely with team members to know what’s needed and when.

article thumbnail

Restaurant management skills as the gateway to a dynamic career

Les Roches

You’ll also need to handle vendor management for timely supplies. Budgeting and financial management Finances for a restaurant will include sales forecasting, food cost control, staffing costs, and more. Menu design and pricing: You’ll need to make sure that menu pricing generates enough profit for the restaurant.

article thumbnail

Restaurant Accounting Software: Gain Insight Into Your Financial Operations

Synergy Suite

Vendor Management Restaurant accounting software enables efficient management of vendor invoices and payments. It helps track vendor bills, manage payment schedules, and streamline the accounts payable process. Each revenue stream may have different pricing models, discounts, and promotional offers.