Broadvine has completed a full two-way integration with Hotel Effectiveness, allowing customers to manage and predict labor costs more accurately. Labor costs are the most significant operating expense for hoteliers and essential for effective hotel management and improved profitability.
Broadvine’s application provides reporting and financial performance-management tools for budgeting and forecasting, including comparisons of labor costs to budget and forecasts. Hotel Effectiveness delivers real-time labor management, scheduling and time-and-attendance solutions, using occupancy forecasts and other data to optimize labor schedules.
“Our customers will now be able to have the business data they already have in Broadvine drive their scheduling in Hotel Effectiveness,” Hotel Effectiveness CEO Mike Martin said in a statement. “Likewise, all of the detailed labor 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 labor costs compared to budget and forecasts. Corporate executives, GMs and department managers on property will have confidence that real-time data is being used to calculate labor schedules and any cost variances to budget or forecast is accurate.