“Unleashing the Power of AI for Hotel Accounting” a Hotel Business exclusive article shares the expert opinion of Charles “Chip” Fritsch, COO/ Co-Founder of Hotel Investor Apps of the ways that artificial intelligence is changing the landscape of hotel accounting.
In the article, Fritsch discusses how Artificial Intelligence (AI) can revolutionize hotel accounting by improving accuracy, efficiency, and decision-making through applications such as anomaly detection, smart bank reconciliation, and automated accounts payable. Yet, despite the transformative potential, many hospitality companies struggle to integrate AI due to outdated accounting software. However, embracing modern, AI-compatible ERP platforms can help hotel companies streamline financial processes and maintain competitive profit margins.
Jaime Goss has over a decade of marketing experience in the hospitality industry. At Hotel Investor Apps, Jaime heads up marketing initiatives including brand strategy, website design, content, email marketing, advertising and press relations.
