Finance is responsible for ensuring the day to day management of a hotel’s accounts but also for providing management with accurate data and reports to assist in decision making and the long term viability of a hotel. IT ensures that all systems are running as smoothly as possible, minimising lost productivity and streamlining as many procedures as possible for maximum efficiencies.

Finance personnel are often responsible for:

• Preparing financial documents and reports for management
• Forecasting
• Cash flow
• Payment of suppliers and employees
• Revenue management

IT personnel are often responsible for:

• System maintenance
• Data management and security
• Hardware management
• End-user support