Effective hotel management is impossible without transparent and accurate reporting. Finoko’s USALI reporting system for hotels offers a comprehensive solution for finance departments and general managers, enabling the creation of reports and budgets based on real data. Forget complex and time-consuming Excel spreadsheets—with Finoko, reporting becomes fast, consistent, and ready for decision-making.
Benefits of Using Finoko + USALI
The main advantage of working with USALI in Finoko is the standardized reporting structure, which allows for comparison of metrics across different periods and properties. The system ensures daily and monthly management transparency: monitoring revenue, expenses, and key performance indicators (KPIs). The ready-made reporting package includes departmental reports, profit and loss reports, and dashboards, making data analysis as convenient as possible.
Unified Structure for All Departments and Properties
USALI standardizes the chart of accounts and reporting rules. This means that each department and property is classified identically, and results remain directly comparable. Hotel finance specialists and managers can work with the same data, simplifying analysis and accelerating decision-making.
Faster Period Close
Automated data consolidation and reduced manual reconciliations reduce period close time. Reports are generated automatically, and managers have access to up-to-date information immediately after period close.
Budgeting and Variance Control
Finoko allows you to plan budgets within the USALI framework and automatically track deviations between actual and planned figures. This helps identify cost overruns before they impact financial results and make timely management decisions.
USALI Reporting Package in Finoko
The system includes key reports ready for management:
- Room Revenue;
- Food and Beverage Revenue;
- Other Operating Revenue;
- Departmental Profit and Loss Reports and Consolidated P&L.
Finoko structures information so managers can see a complete picture of revenue, expenses, payroll, and other costs for each division. Consolidated financial statements, including balance sheets and profit and loss statements, are also available for owners and corporate management.