SOLUTIONS |
PMI R&P is a complete, out-of-the-box, fully automated and integrated departmental revenue forecasting, labour productivity and food cost management software for hotel and catering industries. Three main ingredients of your Profit & Loss Statement can now be easily managed in one solution, daily. PMI R&P makes it easy for managers at all levels to identify problems and recognise opportunities at a glance.
PMI R&P aligns departmental performance with the hotel’s financial objectives. It also increases the participation of heads of department, and their collaboration and accountability for results by visualising and benchmarking their performance in a transparent and innovative way. The solution is an efficient learning platform which strengthens confidence in mid and long term planning. PMI R&P disciplines all department heads to ensure daily focus on forecast accuracy and resource planning. The ongoing learning increases operational efficiency and develops a durable result-oriented culture in your organisation.
PMI R&P helps managers to make better decisions as well as to initiate prompt actions based on clear targets, accurate forecasts and timely information.
PMI R&P is web-based and interfaces seamlessly with your current transaction systems, such as PMS, POS and time attendance systems. It automatically retrieves actual occupancy and departmental revenue as well as daily snapshots of reservations on hands per segment for the next 500 days.
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FEATURES |
• Daily occupancy and revenue report automation, integrated with PMS and POS.
• Occupancy and departmental revenue forecasting capabilities, integrated with PMS.
• Segment booking pattern and daily forecast deviance analysis.
• Departmental productivity performance management and scheduling, integrated with time attendance system.
• Food cost control, with is no need for a separate stock management system.
• General Manager’s Cockpit – all in one screen, taking no more than 10 minutes to get a ‘helicopter’ view of your business performance – all in the time it takes to drink a cup of coffee!
• Regional/headquarter consolidation and benchmarking.
• Export to Excel. |
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IMPLEMENTATION PROCESS |
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The illustration below presents an example of the implementation process for a medium size full-service hotel.
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BENEFITS |
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FREQUENT ASKED QUESTIONS |
• Intuitive and user-friendly.
• Easy to implement and very customisable.
• No need to install software locally and no additional hardware or software is required; the only requirement is Internet access. The information can be accessed at your desktop or via your mobile devices.
• Powerful and automated revenue forecasting capabilities, including room, F&B and other revenues.
• PMI Revenue & Productivity has daily automated revenue reporting with indexes vs. forecast, budget and previous year. The reports display anticipated month-end thanks to PMI's unique methods of calculating the key performance indicators (KPI's).
• Department heads need no more than 10 minutes a day to stay on top of their performance.
• PMI R&P renders daily, weekly and monthly reporting superfluous.
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Q: How much does PMI Productivity & Revenue package including professional services and training cost?
A: The pricing depends on number of cockpits (staffing outlets). For a medium size (200-room) full-service hotel the average initial investment is NOK 180.000 (approx. EUR 20.000 or USD 30.000) and NOK 5.500 (approx. EUR 650 or USD 995) per month.
Q: How many months after go-live before we can see improvement in financial results?
A: In some cases we see the result after 30 days, however in most cases the financial results are visible and sustainable after 90 days.
Q: Does PMI Productivity & Revenue solution interface with our PMS and POS?
A: Yes, we have interfaces with most major PMS and POS brands. If we do not have one, we develop it for you with no additional charges.
Q: How much time does each department head need to spend on daily basis?
A: Approx. 10-15 minutes.
Q: How long time does each manager need to spend on training?
A: Average one day.
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500% ROI GUARANTEE |
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PMI Revenue & Productivity is affordable for both multiple or individual properties. We guarantee 500 % ROI within 12 months, or if you are not delighted, we will then return your investment costs with only one question asked:
"How can we improve? |
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