Summary This section displays how to handle and maintain the Rooms Budget and forecast. To handle and maintain budgets and forecasts for any other departments or profit centers, please see this article. Intended Users General manager, hotel manager, revenue manager,...
What are the settings for the Express planner? The settings in Express planner are used to adjust the calculations behind the Express planner's automated forecasts. These should be set the first time you use the Express planner. The settings will be saved...
What is the Express planner? The Express planner in PMI is a forecasting tool available to properties with the Profit and loss module activated. It creates an automated monthly forecast for all non-room revenue departments, and labor hours based on historical data and...
What is the Express planner?The Express planner in PMI is a forecasting tool available to properties with activated Profit & loss module. Based on source data, it creates an automated monthly forecast for all non-room revenue departments and labor hours. What is...
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What is its purpose? The planning staff module enables you to review and adjust staffing to meet demand (SMART forecast) all in one screen. The goal is to reduce manual workload and make forecasting less error-prone. You can import scheduled hours and base salaries...
There are three ways to enter labor costs: In the budget and forecast module, on the far right-hand side of a labor department, you can enter the expected average rate per hour. This will amount to a total labor cost depending on expected/worked hours. You can work...
The budget should be uploaded/entered once a year while the Forecast should be updated every month. Below are some steps on how to update the budget or Forecast: Uploading your budget and Forecast – Upload actuals, budget and forecast is a helpful article for...
Some departments (operational) have productivity as their main target, so when the cost driver changes, this will give the department more or fewer hours, depending on the latest Live forecast. Some departments have hours as their main target (admins) so even if...