New Tool to Automate Budgeting Process for Hotels and Chains Available from MaximRMS
CHICAGO, Illinois - August 8, 2010 - Maxim Revenue Management Solutions (MaximRMS) announced the successful rollout of its new Daily Segment Forecast budgeting tool. With detailed day-by-day-by-rate-category views, the tool greatly streamlines the annual budgeting process, as well as the monthly forecasting process. Additionally, budgets and forecasts can be created months in advance, so users can make tweaks as necessary, thus greatly minimizing the workload prior to budgeting deadlines.
A vast suite of new reports has also been added, giving Revenue Managers annual, quarterly, monthly and daily views of budgets and forecasts in comparison to past years and past forecasts. Regional and Corporate users can easily view budgets and reports for one property or a group of properties. "Revenue Managers who previously labored over Excel spreadsheets, group sales diaries, convention calendars and actualized data in order to create an annual budget, now find this data (and much more) is available at the click of a button," according to the Vice President of Revenue Management for a prominent North American hotel chain, "The wealth of business intelligence information available greatly enhances our internal processes." About Maxim Revenue Management Solutions (MaximRMS) MaximRMS is the leading provider of automated revenue management for hotels and resorts worldwide. Since 1995, MaximRMS has provided revenue management solutions for all types of properties - city-center, suburban, roadside, convention, resort, select/limited service, extended stay - ranging from 40-room boutique resorts to 5,000-room mega-convention properties. Through its patented Marginal Value Engine (MVETM), Maxim eFlex offers optimization of net profitability, across all markets and distribution channels. The result is an increase directly to the bottom line - delivered every day in hundreds of installations around the world. Maxim offers the easiest to use and most complete portfolio of revenue management tools available, including group forecasting and management, distribution channel optimization, competitive rate analysis and intra-day optimization. Maxim products are compatible with all PMS, CRS, GDS and Internet distribution channels. With the large scale deployment of Maxim eFlex systems, Maxim offers the ultimate in implementation flexibility along with the best ROI. To explore how eFlex can improve your property's performance, please contact MaximRMS at +1-773-572-2060 or visit www.MaximRMS.com today.
