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What is TruePlan?

TruePlan, created by Otelier, is an innovative revenue management solution designed specifically to enhance budgeting and forecasting processes within hotel groups. By leveraging customized hospitality metrics alongside sophisticated predictive algorithms, this software fosters seamless collaboration, leading to more accurate and effective financial planning outcomes. The platform's ability to analyze historical data streamlines the budgeting process, eliminating the need for cumbersome manual data collection. This unified strategy enables your entire portfolio to concentrate on common financial objectives, thereby enhancing the alignment and precision of your revenue management strategies. Additionally, TruePlan not only increases operational efficiency but also equips hotel managers with the tools needed to make well-informed decisions grounded in trustworthy data insights. With its comprehensive features, TruePlan stands out as a vital asset for enhancing hotel financial performance.

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.

Media

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Integrations Supported

Amadeus Central Reservations System (CRS)
Clock PMS+
Duetto
Epicor iScala
Exact
Hotel Management System PMS
IGEL
Infor HMS
Iptor.com
Lighthouse
Mews
Microsoft Power BI
Mirus
Oracle Essbase
Oracle Hospitality Reporting and Analytics
Protel Cloud PMS
SAP Cloud Platform
SIHOT
TMSforHotels
apaleo

Integrations Supported

Amadeus Central Reservations System (CRS)
Clock PMS+
Duetto
Epicor iScala
Exact
Hotel Management System PMS
IGEL
Infor HMS
Iptor.com
Lighthouse
Mews
Microsoft Power BI
Mirus
Oracle Essbase
Oracle Hospitality Reporting and Analytics
Protel Cloud PMS
SAP Cloud Platform
SIHOT
TMSforHotels
apaleo

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Otelier

Date Founded

2001

Company Location

United States

Company Website

otelier.io

Company Facts

Organization Name

Fairmas

Date Founded

2003

Company Location

Germany

Company Website

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

Categories and Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Sales Forecasting

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

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