Hotel Investor Apps (HIA), the leading hotel-specific Enterprise Resource Planning (ERP) platform, today announced its integration with Netchex, a payroll, benefits, and HR company with a strong focus on the hospitality industry, enabling HIA business intelligence users to make smarter business and labor decisions with advanced labor analytics.
Now, with the Netchex integration, Netchex and HIA Business Intelligence hotel customers can monitor their labor expenses in real-time and analyze labor by various metrics according to date range, hotel, department, and position.
By integrating their payroll and time & attendance data with business intelligence software, hotel companies can drive performance accountability down to each property, identify hotels or departments in need of additional training and maximize revenue while controlling labor costs. In addition, it is convenient for HIA customers to access their labor metrics from within a single platform with the same login for business intelligence as for financial management, workflow, operations dashboards and more.
“The stellar team at HIA worked relentlessly to get this integration right”, Stuart Ethridge, Founder and President of Netchex said; “By using Netchex time data to power their labor analytics BI tool, HIA will help hoteliers proactively manage their labor expense across the entire portfolio. Smart dashboards can spot trends and alert managers immediately when labor exceeds set thresholds. It is simple to use, deep in scope, and game changing”.
Charlie Fritsch, CEO of Hotel Investor Apps, added, “Hotel Investor Apps integration with Netchex delivers more power to hoteliers to efficiently manage their portfolios. The partnership with Netchex has been a wonderful collaboration. Netchex has demonstrated a knowledge of our industry and a great dedication to perfecting this integration with Hotel Investor Apps for the benefit of our mutual hotel industry customers”.
Hotel Investor Apps provides a total back-office platform with its unique hotel specific Enterprise Resource Planning & Accounting Suite as well as Business Intelligence for hotel companies to streamline processes, efficiently manage properties, and increase profitability. By integrating the various front of house and back of house systems onto one platform, hotel companies have instant access to critical financial and operational data for more informed decisions.