Financial Planning and Performance Management for the Hospitality Industry
ERA Hospitality Solution Set brings budgeting, forecasting, financial planning, operational planning, reporting and performance management processes together on Oracle EPM Cloud for resort hotels, city hotels, sports centers, entertainment venues, restaurants, cafés and lounge businesses.
Developed with Oracle EPM Cloud capabilities and ERA’s hospitality industry experience, the solution provides a more reliable, traceable and predictable planning model for revenue, expense, CapEx, workforce, operations and management reporting processes.
In hospitality organizations, planning is not limited to preparing a budget. Occupancy rates, seasonality, pricing strategies, F&B costs, workforce expenses, investment plans and operational variables directly affect financial results.
Manual data collection, requesting budgets from different departments through Excel, formula errors, data integrity issues and limited scenario analysis create time loss, control risks and decision delays in hospitality planning processes.
The ERA Hospitality Solution Set addresses hospitality businesses' revenue, cost, investment, workforce, financial reporting and management reporting processes within an integrated Oracle EPM Cloud structure.
- Room Revenues
- F&B Revenues
- Other Operational Revenues
- Room Expenses
- F&B Expenses
- Other Operational Expenses
- Non-Operational Expenses
- Investment Planning
- Personnel Cost
- Workforce Planning
- Master Data & Actuals
- Hospitality Data
- Trial Balance
- Operational Revenue & Expense
- Balance Sheet & Income Statement
- Cash Flow
- Cash Flow Planning
- Budget vs Actual Analysis
- Profitability & Cost Analysis
- Ad Hoc Reporting
ERA Hospitality Solution Set covers the critical planning areas of hospitality organizations across core business processes.
With Oracle EPM Cloud and Intelligent Performance Management (IPM) capabilities, planning processes do more than look at historical data. They analyze anomalies, variances, trends and forecast errors to provide stronger decision support for the future.
- Anomaly & Variance Detection
- Automated Financial Forecast Generation
- Action Suggestion & Decision Support
- Seasonality & Trend Analysis
- Risk Scoring & Scenario Generation
- Continuously Running Rolling Forecast
- Integrated with Dashboard and Smart View
- Multi-Dataset Forecasting
- Regression & ML Algorithms
- Long-Term Forecast Scenarios
- Centralized and Auditable Model Management
Oracle IPM Business Insights automatically detects variances, forecast errors and anomalies in actual data and provides early warnings for management.
With KPI dashboards, budget vs actual comparisons, department-based analyses and financial reports, management teams can monitor operations faster and more reliably.
Budget vs actual comparisons and financial impact analyses can be performed across different company levels, currencies, scenarios and version alternatives.
With Smart View, users can keep their Excel habits while managing data within a centralized, secure and auditable Oracle EPM Cloud structure.
ERA Hospitality Solution Set is designed to be applicable to hospitality organizations of different scales and structures.
You can explore selected project experiences delivered in the EPM field.

