Business Accounting Solutions for the Service Industry
When Pedersen purchased their first hotel, they inherited a standalone accounting system, which they quickly realised would not provide the reporting and functionality required to match their business ambitions. Having considered other solutions they found that Pegasus Opera Business Accounting System, supplied by AMA Business Systems was exactly what they required. Excellent reporting and ease of use have enabled the Hotel Group to utilise the product across multiple sites in the UK. With hotels in Bromsgrove, London, Newbury, Reading, Sheffield and Winchester, the company, who started with just one hotel, has created a brand of hotel designed for the needs of today’s style-savvy traveller.
The hotels are perfectly suited for hosting guests on business or those in search of leisure time. The collection consists of six 4 star luxury hotels offering modern day facilities in contemporary surroundings with dedicated staff that provide a fantastic service. Quotes and demonstrations from several software solution companies were arranged, and the decision was made that Pegasus was the obvious solution, due to its user friendly interface, meaning that staff could be trained quickly on how to use it day to day.
Since the company has grown from one hotel to six, there are a lot of deadlines and monthly reports that need to be provided to their head office. Pegasus allows all the hotels to use the same Nominal codes, which makes collating consolidated reports quicker. Finance staff from each hotel would have no problem covering each other jobs if required. Having used Opera for a number of years, the XRL reporting module was added to their system. Huw Townley, Financial Director, says “Since the introduction of XRL reporting we have saved a lot of time producing the monthly Management Reports. We have also started using it for various other reports as well.” The benefits are not only in reporting though. “The introduction of the computerized cheque remittances has saved an awful lot of time over the years. Our payroll is now paid using the integrated BACs functionality which is a lot quicker and easier than previous methods. Pegasus Opera is a user friendly system which our Finance staff have found to be of a great benefit in their day to day work.”