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Fairmas specialises in powerful, cloud-based solutions that focus on hotel financial planning & controlling, revenue monitoring and management reporting.
Their solutions focus on optimising processes to maximise the financial performance of any hotel business, regardless of its size and type. Mews connects to two Fairmas products PickupTracking and FairPlanner. FAIRPLANNER FairPlanner, in simple terms, is the efficient hotel-specific financial planning and management information system that ultimately maximizes the profitability of any hotel business. Its purpose is to create hotel budgets and forecasts with detailed revenue for all departments, in addition to payroll and material costs planning according to USALI. By integrating FairPlanner into the hotel’s existing IT environment, the standardization and automation of the processing of their financial data for budget and forecast planning take place with the aim of making the whole financial planning process more efficient. By utilizing FairPlanner, the hotel management is digitizing processes that are increasingly important for the long-term success of the hotel: revenue and profit planning, as well as cross-departmental financial leadership and control through transparent presentation of hotel-specific key performance indicators. FairPlanner directly receives existing data from the hotel’s PMS, in this case with MEWS, and accounting system via interfaces, and then automatically transfers these data into a standardized chart of accounts as basis for ongoing budget and forecast planning. With this direct data integration, high-quality data is guaranteed for better analysis and decision-making. General managers, financial directors, hotel owners and investors all benefit from the features of FairPlanner. FairPlanner is available in English, German, French, Spanish and Chinese. PICKUPTRACKING PickupTracking is an easy web-based monitoring tool of reservations “on the books” and their daily changes (pickup) per market segment and the next 365 days. It supports agile and proactive management to maximize hotel performance. The tool is designed for revenue managers, reservation manages, front office, sales teams, hotel managers and top management of a single property or large hotel chains. The room reservations monitoring tool provides all the important hotel KPIs occupancy, room nights, ADR, RevPar and other metrics at a glance. It allows early detection of deviations to stay in line with the hotel’s sales strategy. Historical data up to five years are also available. Numerous reporting options including year-on-year comparison and pace analysis among others are available for better analysis and smarter decisions. As a standalone product, KPI budget and forecast planning is possible within the software. PickupTracking is easily integrated into the hotel’s existing IT environment. It connects to the hotel PMS via direct interface allowing automated data transfer. A 24-hour implementation is possible with an existing interface. Fairmas would be happy to assist in creating completely new interfaces as required. PickupTracking APP is an add-on mobile solution that allows for both time and location independent access to your rooms reservations status.
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