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What is FairPlanner?

FairPlanner is a comprehensive software solution for Hospitality Financial Planning and Analysis, offering a complete view of revenue and profitability planning tailored for various hotel departments using specific P&L charts of accounts. This tool serves as an essential resource for hotels looking to streamline their budgeting and forecasting processes. It seamlessly integrates with major data systems such as PMS and ERP, providing an easy-to-use planning and control platform. Additionally, FairPlanner features a dashboard that presents key performance indicators, delivering 360° insights instantly for informed decision-making. With its user-friendly interface, it helps hotel operators to efficiently manage their financial strategies and enhance overall performance.

What is FAST Finance Reporting?

Provides an extensive analysis of financial performance through various reports, such as Operating Statements, Balance Sheets, and Trial Balances, formatted for different time periods including Current Year, Comparative, Monthly, and Annual Trend, and structured by various hierarchies. This system offers departmental account holders crucial financial insights to answer questions like “What is my expenditure?” and “What budget remains?”, while also allowing for a detailed exploration of specific transaction data. Moreover, it delivers thorough financial information categorized by Fund for each grant, covering multi-year funding, actual expenses, and any associated commitments. The design is aimed at enhancing business processes, leading to more efficient departmental operations and better information flow, which in turn supports faster decision-making through electronic approval workflows. Users benefit from a dedicated customer service team that actively engages with their requirements, ensuring they maximize their investment in FAST. To further alleviate your responsibilities, Millennium takes care of the installation, upkeep, and updates of FAST, greatly minimizing the maintenance load on your IT team. This holistic strategy not only boosts overall performance but also cultivates a more streamlined environment for financial management, paving the way for future growth and efficiency. As a result, organizations can focus more on their core missions while relying on advanced financial tools to drive success.

Media

Media

Integrations Supported

Amadeus Central Reservations System (CRS)
DATEV
Duetto
Exact
Infor HMS
Iptor.com
Juyo Analytics
Mews
Microsoft Power BI
Mirus
Opera
Oracle Essbase
Oracle Hospitality Reporting and Analytics
Oracle PeopleSoft
Revinate
Rezlynx
SAP Cloud Platform
SIHOT
TMSforHotels
apaleo

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

On-Site Training

Company Facts

Organization Name

Fairmas

Date Founded

2003

Company Location

Germany

Company Website

fairmas.com/what-we-do/financial-planning-controlling-reporting/

Company Facts

Organization Name

Millennium

Company Location

United States

Company Website

www.mcsl.com

Categories and Features

Financial Reporting

"What If" Scenarios
Consolidation / Roll-Up
Forecasting
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Hotel Management

Not specified

Revenue Management

Forecasting

Sales Forecasting

Dashboard
Performance Metrics

Categories and Features

Financial Reporting

Balance Sheet

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