SERVICES

IDS FINANCIAL SERVICES offers a full range of Services that will assist Hotel Management in providing timely and accurate information while achieving Managerial effectiveness and maximum profitability. Our management information system provides a basis for evaluating performance as well as future planning. We offer written policies and procedures designed to provide effective control standards; payroll and operating expense/cost controls, a formalized budgeting and business plan process; daily, weekly, monthly, annual reporting and re-forecasting; and cash management.

Based on the requirements of a particular hotel, we can provide cost effective Property Financial systems utilizing the latest available technology and integrating these systems into an operating setting. We operate on the premise that all Businesses can be successful if they have proper in-house planning, control, and management information systems.

WE OFFER:
  • Hotel Financial Statements
  • Summary Statement
  • Departmental Schedules
  • Statistics
  • Summary General Ledger
  • Detail General Ledger
  • Balance Sheet
  • Statement of Cash Flows
  • Accounts Payable
  • Full Hotel Accounting Service
  • Software and Operations Consultanting
  • Check Reconciliation
  • Budgeting and Forecasting
  • Payroll
  • Accounts Receivable
  • Outsourcing Services
  • Cash Management
  • Franchise Contract compliance review
  • Independent reviews (Operational & Financial)
  • Management Information System evaluation
  • System Documentation

 

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