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Innovative Budget Management System for Hotels

The best teams use Precoro to eliminate manual work and streamline their purchasing processes, save time and money, and focus on what matters.
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Precoro's customers come from 67 countries...and counting!

Real-time Budget Management and Reports

Requisition, Ordering, and Billing

Budgeting is vital in both personal and business financial management. Hotel budget planning is unique. A hotel needs to know what its operations can or cannot afford. Budgets and budget management are central to your purchasing strategy. What use is a budget in the procure-to-pay cycle? They are a reliable early warning system that indicates when finances are racing to the bottom. In seeking a solution, you expect the best when you search online for a "budget hotel management software."
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Approval Workflow

Owners have different budget needs. However, the ability to create custom rules for approval allows budget management for various requirements. It creates adequate visibility to help manage and direct any allocations that may have an impact on the budget as closely as possible. Approval in Precoro is mobile-first since the software itself lives on the cloud, so you can manage your hotel's budgets from anywhere.
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Real-time Budget Management and Reports

Real-time budget management and reporting are impossible without automated software. Precoro makes it easy to monitor spend analytics from distributed locations outside the office. It's the budget management software you want to handle your hotel's intrinsic needs. These needs include defining, monitoring, and managing budgets to reduce pointless spending and enhance the financial forecasting system at your hotel. Built-in reporting solutions enable your teams to create customized reports and alerts to reduce any non-compliant spend while making financial controls stronger significantly.
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Spend 75% Less Time on Hotel Budgets and Spend Management

Allowing purchasing to happen outside of the procurement department with adequate budgets and controls gives the procurement team time. It also enables it to focus on strategic sourcing that allows the business to save even more on cost. These are decisions that contribute much to align finance and procurement teams. Precoro's ability to integrate with your accounting software updates your financial data for the full purchasing cycle. It is something you'd otherwise be doing manually. As the business grows, hotels expect the role of budgets to expand also. There are more people involved, higher costs, and more teams. These elements ultimately determine the success of the hotel, so it's essential to harness them right. Now, you can see why you need Precoro. It'll prepare your teams to handle all operating costs while keeping profits in great shape. Small wonder it's a consistent feature when you search online for "budget hotel management system."

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Precoro successfully integrates with your accounting software

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  • Precoro had the best price point on the purchasing systems market. Other systems that we looked at had either too many or not enough features. It is also significant that the system is easy to learn and use. Our dedicated manager got us onboard in less than 2 weeks.
    Bill J.
    Bill J.
    VP of Finance and Administration
  • We started using the system with only one department and then gradually added four more. Precoro helps us with managing the company’s budgets and matching Invoices against Purchase Orders so we can focus on strategic tasks.
    David G.
    David G.
    CFO
  • We had been using Google Sheets to track Purchase Requests, and it caused us lots of problems because of manual mistakes. Precoro streamlined the process around requisitioning and approval workflow. As a result, it decreased downtime in our labs, so we get what we need to do our job faster and on time!
    Martin M.
    Martin M.
    Head of Technology
  • Precoro is easy to implement and user-friendly tool. It offers more than a set of basic features to help run the business.
    Bachir S.
    Bachir S.
    VP of Finance