Effective hotel management is impossible without accurate and transparent reporting. The USALI reporting system in Finoko allows finance departments and general managers to create reports and budgets in accordance with international USALI standards, eliminating the need to work with cumbersome Excel spreadsheets. This solution helps quickly obtain real data, analyze metrics, and make informed management decisions.
Benefits of using USALI in Finoko
Using Finoko with the integrated USALI system provides a standardized reporting structure, allowing for comparison of metrics across different periods and properties. Daily and monthly management transparency allows you to:
- Monitor revenue;
- Control expenses;
- Monitor key performance indicators in real time.
The ready-made set of reports includes detailed department reports, profit and loss reports, and dashboards that facilitate data analysis and visualization.
Convenience and versatility for the hotel business
The USALI system in Finoko is designed for finance professionals, but can be easily used by a hotel general manager. Standardizing the chart of accounts and reporting rules within USALI ensures consistent data classification across all departments and facilities. This makes results comparable and enables accurate analysis of the hotel’s financial and operational performance.
Reduced Period-Close Time
Automated data consolidation and reduced manual reconciliations significantly speed up period-close. With Finoko, you no longer need to compile reports manually, saving time and reducing the risk of errors. All data is generated automatically and is available for analysis immediately after period close.
The USALI reporting system in Finoko transforms hotel financial reporting into a strategic management tool. It ensures transparency, accuracy, and consistency of data, accelerates the period-close process, and empowers managers to make quick decisions based on up-to-date information.
With Finoko + USALI, hotel management becomes simpler, more efficient, and more professional, while financial performance becomes clear and easy to analyze.