The media and entertainment industry operates within a very competitive market. In order to thrive it is important that functional systems are in place to enable growth in addition to measuring, recording and analysing the necessary key business indicators.
At Wave Consulting we recognise and understand that the main focus within your industry is to maintain relationships. Maintaining relationships with authors, artists and content providers is as important as maintaining relationships with distributors and vendors. This not only involves the relationship management side of business, it also includes accurate record keeping and timely and secure payments while keeping in strict adherence to contracts.
The Infor FMS SunSystems for Hospitality capabilities at a glance …
A charts of accounts that adheres to standards, including the Uniform System of Accounts for the industry.
An enhanced analysis structure with departmental structures and management reporting lines.
Allocations of revenue and cost in order to establish true profitability by each revenue stream.
Web based procurement to enabling control on spend and full visibility of committed expenditure.
Budgeting & Forecasting tools to analyse seasonal trends and utilisation enabling better decisions for the future.
Extensive reporting design capabilities to report by customer, activity, membership type, region, location, department, and more.
Automate the delivery of multilayered operational and management reports using data from a single source to address key hotel performance indicators and government regulations.
This will aid your organisations in:
- Closing the books quickly.
- Cutting costs.
- Streamlining back-office processes.
- Boosting profitability.
- Enhancing guest satisfaction, thus increasing repeat business.
- Improving productivity.
- Adapting quickly and easily to changing business needs.