Broadvine introduces new data-forecasting tools

Broadvine released two new products to increase the breadth and flexibility of its application. Photo credit: Broadvine

Broadvine released two new products to increase the breadth and flexibility of its application. Broadvine Insights expands the data and analysis capabilities of the existing application while Broadvine Essentials provides an entry-level product to companies needing to automate data consolidation, reporting, and forecasting processes.

“With Broadvine Insights, our customers will be able to use additional data and analysis to better predict what is likely to happen instead of relying on historical data to guide their decisions,” Broadvine CEO Shawn Barber said in a statement. “The initial release of Insights includes robust, visual dashboards for pace and forecast accuracy which drive more accountability to the property ensuring the business will produce the forecasted results. This is essential to delivering value to owners and Insights makes it easier achieve those commitments.”

In addition, Broadvine introduced Essentials, a combination of its reporting, budgeting and forecasting modules with an expedited onboarding program and a collection of key reports. Essentials is a cost-effective package targeted to companies with less complex properties or a smaller portfolio of hotels that would benefit from automated reports and an easy to use process for budgeting and forecasting.

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Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.

Broadvine’s application platform provides real-time data and analysis for use in making more strategic and profitable decisions. By consolidating data from various property-management systems, third-party data sources, time and attendance systems, and the accounting platform, owners and operators have complete revenue and statistical analysis reports and insights to make better decisions – all in real-time and across their portfolio.