ProfitSword by Actabl

ProfitSword by Actabl turns data into insights, boosting efficiency and performance. Access finances, budgets, and sales with 250+ integrations. Enhance decision-making, easily create and share reports, and monitor your business.

One of the key advantages of an advanced business forecasting tool within the ProfitSword BI Solution is its ability to integrate with a business’ multitude of performance-generating systems seamlessly. This feature removes the time-consuming need for employees to compile the analytics manually while offering them access to such metrics in real-time to depict the current financial environment accurately. By integrating with a hotel’s PMS, POS, and Labor Management systems, for example, varying levels of company leadership can instantly determine where unnecessary expenses may exist and can be curtailed. This can include revising guest supplies, overtime availability, food inventory, office materials, general maintenance needs, and many other areas representing a typical drain on revenue gains.

However, while any hotel business can attempt to make budget cuts with little to no thoughtful analysis, ProfitSword’s BI forecasting platform can eliminate the risk of making a hasty decision that may be detrimental to guest satisfaction and business needs. Instead, an advanced forecasting tool always ensures that hoteliers can readily determine future demand levels and make strategic cuts where there is an underutilized surplus. By offering the ability to re-allocate funds based on informed decision-making, the ProfitSword BI Solution is estimated to save up to $2,083 per month or $25,000 per year for a select-service hotel earning $10 million in annual revenue. A full-service hotel earning $25 million in annual revenue is estimated to realize an average savings of $6,250 per month or $75,000 per year.