Whether you’re a chain hotel with owned and franchised properties, a casino, or cruise operator, enterprise resource planning (ERP) helps you adapt your business models for new opportunities, sharpen your forecasts, control costs, and efficiently report results.
How forward-thinking CFOs stay prepared in times of uncertainty.
Hilton SVP and Chief Accounting Officer Mike Duffy shares his view on finance and hospitality.
Integrate financial data across all of your operations and align key tasks of budgeting, forecasting, and profitability assessment. Shorten financial planning cycles for properties, brands, and the entire enterprise.Explore enterprise performance management solutions
Build flexible growth plans that guide you on how to stay on track as market conditions change. Redflag properties and bring on new franchisees.Explore scenario planning solutions
Simplify procurement across suppliers to improve cash flow management, vendor selection, spending compliance, and margin performance across all properties.Explore procurement solutions
Understand sales and operations data across hotel properties to better achieve performance objectives. Easily consolidate data from mergers and acquisitions (M&A) as well as separately managed brands.Explore financial solutions
“We selected Oracle Cloud Applications because of the company’s proven track record of moving large complex organizations to more agile cloud technology. With our core business processes in the cloud, we can rapidly evolve our offerings and experiences.”
Senior Vice President of Strategic Initiatives for MGM Resorts International
Use built-in controls and automated workflow management for purchasing, expenses, and CapEx to enhance compliance and strengthen accountability across suppliers, franchisees, and owned properties. Automate account reconciliation and identify potential fraud with AI-based anomaly detection.Explore risk management solutions
Monitor key business KPIs like RevPAR and hotel occupancy to align operations and quickly resolve issues.Explore analytics solutions
See why gaming companies bet on Oracle Cloud ERP
Emma Hitzke, Senior Product Marketing Director, Emerging Tech, Oracle
Some consequences of the pandemic will be around for years, but a slowdown in gutsy business moves isn’t one of them.
In fact, 80% of executives in a new survey said their organizations are planning big moves in the next 18 months, such as acquiring a new business or divesting one, launching a new business model, or implementing automation for core business processes.
To learn how executives are feeling about the future—and what their plans might be—MIT Technology Review Insights conducted surveys and/or in-depth interviews with more than 300 financial officers and C-suite executives around the world, from more than a dozen industries.
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