Tired of disparate data and inaccurate forecasts? The forecasting and budgeting capabilities of IDeaS RevPlan solve this by automatically unifying revenue data across your entire hotel portfolio. Empower your teams with robust, profit-impacting insights and metrics, and move from reactive guessing to proactive growth.
Bring together all your revenue data into a single, unified platform. With IDeaS RevPlan, you have a clear, comprehensive view of your business, no matter how many properties or systems you’re managing. With a single source of truth, you can make informed decisions with confidence.
Cut through the complexity. Automated features apply your growth and strategy assumptions, while streamlined workflows manage budget submissions. Say goodbye to manual headaches and hello to efficient, collaborative budget creation.
Revolutionize your revenue forecasting. By consolidating data across your entire estate, RevPlan delivers unparalleled accuracy. Experience seamless submissions to finance and empower your team to make data-driven decisions that consistently drive revenue growth.
“The moment I knew this was going to be successful was when I first met the support team. Their passion for the product and the way they truly looked after us made it clear that this was more than just a service—it was a genuine partnership.”
Budgeting is planning future income and expenses, while forecasting predicts financial outcomes based on trends and data.
A budget forecast combines a planned budget with updates based on current forecasts that account for recent trends and expectations.
Analyze past data, identify current trends, apply assumptions, monitor trends and update regularly.
Clear goals, accurate data, collaboration, flexibility, monitoring, and the right tools that streamline complex budgeting processes.
Budgeting sets a financial plan, typically once a year; whereas forecasting updates it with real-time insights and trends.
