Fairmas

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Fairmas

Fairmas GmbH, headquartered in Berlin, develops web-based financial planning, controlling and management reporting solutions, as well as daily benchmarking (only in Germany) especially for the hotel industry. Fairmas software solutions integrate easily into the hotel’s existing IT software environment and interface efficiently with all major property management systems (PMS), accounting systems and document management systems among others. Fairmas has been a strong partner to the hospitality industry since 2003. Currently, over 15,000 users in more than 5,000 hotels worldwide are using the company’s software solutions – from global hotel chains, to leisure hotels and privately owned hotels. Experienced executives from the industry secure the hotel industry know-how, while a team of 45 hotel and IT specialists ensures the creative solutions of tailor-made software products.

Finance, Operational Planning & Forecasting

 

 What-If Scenarios and Forecasting

https://go.rev.ideas.com/l/398202/2021-02-08/pmsc3g/398202/1612810171MnGA7usU/1._What_if_scenarios_and_forecasting.pdf

What-if scenario and forecasting are crucial to build the future for one‘s hotel. These functions calculate the effect of the changes one might/has face and help to plan from A-Z: budget planning for all different hotel departments to risk assessment...

Standardization

https://go.rev.ideas.com/l/398202/2021-02-08/pmsc3b/398202/1612810171zD83t3fB/2._Standardization.pdf

Standardization is a quality assurance tool. Standards are created through consensus. The goal of standardization is to simplify and create comparability. Due to the specifics of the hotel industry, the industry has developed its own standards to determine hotel success and to obtain reliable information regarding success factors, opportunities and risks. This is what key performance indicators stand for. Digital solutions automate this process and provide the different stakeholders efficiently with the needed information for target orientated decision.

Hospitality Financial BI Solution

https://go.rev.ideas.com/l/398202/2021-02-08/pmsc38/398202/16128101718O356ecB/3._Hospitality_financial_BI_solution.pdf

Business intelligence (BI) is a process of analyzing data and providing useful information that helps executives, managers and workers in business decision making. In the hotel industry, BI is something that one cannot ignore to operate its hotel. It has powerful impact in everyday work life in hotels. It supports the hotels to save time from endless work with excel files and organize it in data visualization.

 

Contact

Alexander Engels
Business Development Manager
Email: alexander.engels@fairmas.com
Phone: +49 30 322 940 5 45