Integrated business planning (IBP) is a business-focused evolution of traditional sales and operations planning (S&OP) that aligns sales, business strategy, and operations with enterprise-wide financial performance.

Vienna House is an Austria-based hotel chain that currently has 34 hotels under its brand. The brand is famous for their classic Viennese charm with a touch of modern comfort. During the past five years, Vienna House has grown and acquired a few more hotels. The steady growth brings in the inevitable IT challenge: the need for a revenue management system to help unify and manage all of the hotels in the group.  

Hospitality is a fast-paced and constantly changing industry which receives heavy impacts from the consumer behaviours and technological advancements. More and more hotels compete against each other to win the travellers' hearts; they all face the same challenge: mining the overflowing mountain of data to offer their clients with what they most desires.  

Objectives and Key Results (OKRs) form a helpful goal-setting framework that helps improve the engagement of both the employees and managers, keeping focused and motivated to thrive for organisational success. OKRs are basically the process of defining your organisation objectives and tracks the outcomes of the progress after a specific period of time.

The success of an organisation is normally defined by growth. And a constant and sustainable growth would require focused leaders and a workforce that understands their collective aims and priorities. Yet, ensuring the alignment between the leaders and their workers toward mutual goals is a challenging task without a suitable goal-setting and progress-tracking method. This is where OKRs come in.

In today’s highly competitive market, it is vital for hotel owners and operators to implement new and effective strategies in order to stay relevant and safeguard their bottom line. 

Today, most hotel operators view the need to progressively improve their revenue management capabilities as a strategic imperative worthy of  garnering ever-increasing amounts of attention and resources, given the opportunity to improve financial performance in highly predictable ways. 

If your business is in need of a full-fledged reporting and financial performance management software with built-in deep analytics, business intelligence, plus the capability to help you gain a holistic real-time view of the entire business performance, Infor d/EPM might be the one that you’ve been looking for. 

Company culture can dictate how data-ready is your organisation. To increase the success rate of analytic application, speed up the adoption and guide the company away from technological pitfalls, you need to build a strong, healthy data culture.

World Vision, based in Monrovia, California, is a global relief organisation committed to improving the well-being of people around the world, particularly children. With the aims to help poor children and their families build a sustainable future, World Vision’ responsibility is to assure that the resources they spent are used according to their mission. Acknowledging the situation, World Vision realised that they need support in managing their complex set of financial data in the most efficient way.