fairmas products – an overview

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Key facts

26 hotel experts and software developer

International experience and expertise

Inhouse development based in Germany

Since 2003 Partner of the hospitality association of Germany (DEHOGA)

Who we are

Fairmas GmbH, headquartered in Berlin, is one of the leading companies developing hotel software in Germany.

Our product portfolio includes software solutions for financial planning, management reporting and controlling.

Fairmas has been growing steadily since its foundation in 2003.

Over 8,000 users at more than 3,500 hotels worldwide are currently working with our company’s software solutions – from global hotel chains to leisure and privately owned hotels.

In addition to our portfolio of system- and web-based planning tools, we also offer tailormade solutions focusing on the individual requirements of hotel operators as well as owners.

about

Products

FairBudget Revenue planning and controlling

FairPlanner P&L planning & controlling

FairPayroll Intelligent payroll cost planning

FairChain Consolidated portfolio reporting

Pickup Tracking Analysis of Business on the books, pickup & booking pace

Benchmarking Daily Benchmarking for hotels

What we do

Hotel planning, controlling and management reporting:

Software for the efficient planning of revenue, costs and profits for every division of your company.

The flexible management reporting system is based on the Uniform System of Accounts (USALI) and combines forecast and budget figures with actual data from your PMS and accounting system.

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Time is money

Planning and budgeting processes are time-consuming.

Optimizing your work processes by using our software tools simplifies your daily work, saving time and money.

International hotel chains have successfully improved their planning processes by using our software solutions on a daily basis.

Expert solutions

Since 2003 Fairmas is providing software solutions as part of the management reporting process of many renowned hotels worldwide.

From small family hotels to major international chains, we offer the right solution for every need.

Fairmas Solu

tions

Global track record over the last years

More than 3,500 software installations

Over 8,000 users worldwide

More than 1,100 hotels in Germany work with daily benchmarking

Satisfied customers worldwide

... and many more!

Features

Interface to PMS for historical and future data („On The Books“)

Forecast & budget scenarios for sold rooms, average rate and room revenues

Planning per market segment (daily, weekly or monthly)

Statistics and additional operational data (i.e. arrivals, no-shows)

Comment functionality and comment report

Detailed Excel reporting and export functionalities

Events and Demand Calendar

FairBudget

FairBudget is our customized planning, controlling and reporting software providing a flawless and accurate room revenue management for the hotel industry.

It offers an intelligent solution for operational planning and workflows for individual market segments on a daily, weekly and/or monthly basis.

The automatic data exchange with your operating system (PMS) guarantees a controlled data quality and provides the benefit of saving time.

FairBudget

Features

Forecasting & budgeting for all profit centres

Flexible reporting chart of accounts (USALI)

Integrated Rooms Revenue planning (FairBudget)

Import from accounting systems

Integration and view on all postings from accounting system

Optional integration of direct online access to invoices (Link to external DMS system)

Mapping tool for accounting & reporting chart of accounts

Previous forecast functionality

Automated planning functionalities (driver)

Payroll model (manning guide, PTEB, productivity benchmarks)

Detailed Excel reporting and export functionalities

Comment functionality and comment report

FairPlanner

FairPlanner is our tailor-made profit & loss planning and controlling software.

FairPlanner provides detailed, transparent forecasts and budgets including revenue, cost of sales, payroll and other expenses for all departments.

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FairPayroll

Features

Budget / Forecast scenarios

Integrated departmental P&L planning

Planning per position and/or employee

Manning guide per main/sub department

Differentiation between permanent, casual and agency staff

Planning with productivity benchmarks (base / variable manning)

Employee benefit calculation

Incentive and bonus calculation

Vacation and sick pay

EFTE / FTE calculation

FairPayroll

FairPayroll is our smart module, planning your payroll expenses, increasing employee productivity and optimizing costs.

Features

Consolidation of FairBudget and FairPlanner data

Full flexibility in portfolio management

Corporate reporting incl. P&L, Market Segmentation, Cost Benchmarks and other KPI’s

Dynamic Revenue and cost line analyser on cluster or portfolio level

Excel and e-mail reporting

Web-based access

Centralized planning workflow control

FairChain

FairChain is our management reporting software for an entire hotel portfolio.

The management reporting system was developed especially for hotel chains and owners, providing a prompt and accurate overview of your hotel’s performance.

FairChain

Features

Daily pickup per market segment for 365 days in the future

Reservation on the books and pickup view

Room nights, average rate and revenues per market segment

Historical OTB data and pick up for up to 5 years

Comparison of forecast and budget

Booking pace analyser and Year-on-Year comparison

Excel reporting

Pickup Tracking

Pickup Tracking is our software solution to track and control your business

“on the books” and the daily pickup per market segment, 365 days in advance.

The tool provides a detailed pick-up analysis for roomnights and revenues on market segment level.

Pickup Tracking

Features

Rapid overview of your own market position, display of optimization potentials

Basis for price-policy decisions to improve your own market position

A foundation for objective assessment of sales strategies

Measurability of business decisions and investments in relation to their effect on market shares

Early recognition of market trends through the Trendbarometer

Legal certainty: acceptance declaration from the German Federal Cartel Office

Benchmarking

Our Hotel Benchmarking provides intelligent market observation for your hotel.

Compare your own performance with the cumulative results of your direct competitors.

Observe the market on daily, monthly or annual basis and rapidly respond to trends and developments.

Our Benchmarking is backed up by a declaration of toleration from the German Federal Cartel Office.

Bench marking